About This Home

This 0-bedroom, 0-bathroom multi-family at 1178 N EVERGREEN St in Memphis, TN is listed for $300,000 ($83 per sqft). Built in 1955, the home offers 3,600 sqft of living space on a N/A lot.

Key Features

  • Built in 1955

Property Details

1955
Listing Description

INVESTMENT OPPORTUNITY! Immediate income with opportunity to grow. Each unit is 2-bedroom, 1-bathroom layout. All six units feature wall heat and window air conditioning. Four of the six units are currently occupied, with current rents of $600 per apartment. The brick construction and six-unit configuration provide a solid foundation for an investor looking to expand or establish a multifamily portfolio.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

1178 N EVERGREEN St

Memphis, TN 38108

UNION LAND & IMPROVEMENT CO

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1178 N EVERGREEN St is listed at $300,000 ($83/sqft). The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955.

This property is listed by Adam Underwood.

AU

Adam Underwood

Agent at Crye-Leike Realtors

Listed by Crye-Leike Realtors · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10229981· Source: Memphis Area Association of Realtors®· 51 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1178 N EVERGREEN St, Memphis, TN 38108

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