487 WILLIAMS Ave

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Address: 487 Williams Ave, Memphis, TN 38126, USA
Atlanta & Southeast + Apartment Buildings
Created date: July 30, 2025
Date last updated: September 22, 2026
Price: $369,000Investment Analyzer NEW!

Property Description

PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $369,000
Year Built: 1964
Lot Size: 4,200.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 487 WILLIAMS Ave, Memphis, TN 38126, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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