1088 National Ave, Memphis, TN 38122
- $1,074,000
- List Price
- $1,074,000
- MLS#
- 10221404
- Property Type
- Multifamily
- Lot Size
- 101 X 177.7/198.68
- Status
- ACTIVE
Property Description
National is a 15-unit investment opportunity with a 14-unit multifamily plus a separate 3-bedroom single-family. The units are all 2-bedrooms equipped with central heating and air, along with stoves and refrigerators. The single-family home offers central heating and air, a stove, refrigerator, and washer and dryer for added tenant appeal. Current scheduled gross monthly income is $10,900, providing immediate cash flow. Please do not disturb tenants, drive by only.
Additional Information
- Actual Annual Rent
- 130800
- Annual City Tax
- 3972
- Annual County Tax
- 4140
- Annual Insurance Expense
- 11715
- Construction
- Brick/Veneer, Vinyl Siding
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Pope
- Lot
- 32
- Lot Size
- 101 X 177.7/198.68
- New Financing
- Conventional
- Occupancy
- 100
- Parking Facility
- Asphalt/Blacktop
- Roof
- Pitched, Shingle/Shake
- Stories
- 2
- Subdivision
- POPE
- Subtype
- Apartment Building
- Tenant Pays
- Some Utilities
- Year Built
- 1965
Mortgage Calculator
Listing courtesy of Crye-Leike Commercial.
Some or all of the listings displayed may not belong to the firm whose website is being visited
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.