About This Home

This 0-bedroom, 0-bathroom multi-family at 487 WILLIAMS Ave in Memphis, TN is listed for $369,000 ($88 per sqft). Built in 1964, the home offers 4,200 sqft of living space on a N/A lot.

Key Features

  • Built in 1964

Property Details

1964
Listing 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.

Monthly Cost Estimate

$1,973/mo

20% down · 6.5% · 30 years

Principal$267
Interest$1,599
Insurance$108

Estimates only. Actual payments may vary.

Location

487 WILLIAMS Ave

Memphis, TN 38126

WILSON

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 487 WILLIAMS Ave is listed at $369,000 ($88/sqft). The estimated monthly payment is $1,974 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964.

This property is listed by Jeremy Veldman.

JV

Jeremy Veldman

Agent at KAIZEN Realty

Listed by KAIZEN Realty · Broker phone: (901) 221-4041 · View on Broker Site · Broker website

MLS# 10197300· Source: Memphis Area Association of Realtors®· 524 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.

487 WILLIAMS Ave, Memphis, TN 38126

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