3636 Spottswood Ave Unit #1, Memphis, TN 38111

$2,250,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,250,000
MLS#
10227177
Property Type
Multifamily
Lot Size
1,285
Status
ACTIVE

Property Description

DO NOT DISTURB TENANTS - 28 Condo Package - Imperial Arms majority owner opportunity. All units are currently leased. Taxes & sq ftg represent Unit #1 in the 3636 Bldg. 3636 Bldg includes 15 units, 3640 Bldg includes 4 units & 3646 Bldg includes 9 units. Total of 28 units = (2) 3 BR, (25) 2 BR & (1) 1 BR units. HOA fees offset owner's insurance & grounds maintenance expenses. This listing is under one property address. Roof ~6 yrs old. The property is located walking distance to U of M campus & The Blue Line Shuttle stops at the condo property. Photos w/furnishings are digitally staged & representative of a typical unit.

Additional Information

Actual Annual Rent
303252
Annual City Tax
736
Annual County Tax
781
Annual Insurance Expense
19949
Construction
Brick, Wood/Composition
Foundation
Laundry Facility, Slab
Hot Water
Individual System, Public Sewer, Public Water
Legal Subdivision
Imperial Arms Condo
Lot
UNIT 1*
Lot Size
1,285
New Financing
Conventional, Other (Call LA)
Occupancy
92
Parking Facility
Asphalt/Blacktop
Roof
Other (See REMARKS)
Stories
2
Subdivision
IMPERIAL ARMS CONDOMINIUMS
Subtype
Other (See REMARKS)
Tenant Pays
All Utilities, Pet Depost, Security Deposit
Unit Number
1
Year Built
1967

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS.

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.