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1861 Corning Ave
Memphis, TN 38127 Frayser

$699,999 USD

Apartments For Sale  •  13,365 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,365 SF
  • Lot Size 0.86 AC
  • Building Class C
  • Year Built 1964
  • Zoning RMM
30 Transit Score
40 Walk Score

Highlights

93% occupied with 13 of 14 units currently rented
Uniform two-bedroom, one-bathroom unit mix with in-place rents from $625 to $695 per month
Approximately 17% gross revenue upside through lease-up and rent adjustments

Amenities

  • 24 Hour Access
  • Kitchen
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 15 min - 8.9 mi
AirportDriveWalkDistance
Memphis International 24 min - 14.7 mi
Nash Hassen 901-550-9255 Grand Point Realty
Nash Hassen 901-550-9255 Grand Point Realty