1493 Gaither St, Memphis, TN 38106

$265,000

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List Price
$265,000
Price Change
▼ $10,000 1783558785
MLS#
10217289
Property Type
Multifamily
Lot Size
50 X 150
Status
ACTIVE

Property Description

Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you’re expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.

Additional Information

Annual City Tax
1447
Annual County Tax
1509
Construction
Brick
Foundation
Slab
Hot Water
Other (See REMARKS)
Legal Subdivision
Greenland Hgts
Lot
5
Lot Size
50 X 150
New Financing
Conventional, FHA/VA, Private, Other (Call LA)
Parking Facility
Asphalt/Blacktop, Concrete
Roof
Composition
Stories
2
Subdivision
GREENLAND HEIGHTS
Subtype
Fourplex
Tenant Pays
Other (Call LA)
Year Built
1970

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.