# 1493 GAITHER St, Memphis, TN 38106

> **TL;DR:** residential multi family, $275,000 ($102/sqft), built 1970, 2,700 sqft. Est. $1,192/mo. Listed 73 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $275,000 |
| Price/sqft | $102 |
| Square Feet | 2,700 |
| Year Built | 1970 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 73 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,192 |
| **Total** | **$1,192** |

## Property Highlights

- Built in 1970

## Description

### Agent Description
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you're expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.

## Location

- **Address:** 1493 GAITHER St, Memphis, TN 38106
- **County:** Shelby
- **Neighborhood:** GREENLAND HGTS
- **Coordinates:** 35.105995, -90.031549
- **Google Maps:** https://www.google.com/maps?q=35.105995,-90.031549

## Listing Agent

- **Name:** Garth Ward
- **Brokerage:** eXp Realty, LLC
- **Phone:** 2537378018
- **Email:** garth@parkplace.us

## Primary Photo

![1493 GAITHER St - Primary Photo](http://lh.rdcpix.com/372abc2c4fe3ac3b5cb5bc1d1052a495l-f1943379716r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/1493-gaither-st-memphis-tn-38106-10217289)*

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**MLS#:** 10217289 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1493-gaither-st-memphis-tn-38106-10217289)

---

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