Mia Howry - KAIZEN Realty Logo
New Listing
$1,250,000
 $6,710 est/mo Sourced by Back At You

229 N Dunlap St,Memphis, TN 38105

Memphis, TN 38105

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Description

Includes adjacent parcel # 051006 00011 (0.17 Ac) Positioned across from Le Bonheur Children's Hospital, these two adjacent lots feature a 9-unit, 4,176 sq ft apartment building on 23,958 sq ft of total land, plentiful for developing more units, designated parking, etc. All units are 1B/1Ba, with 8/9 renovated and currently rented at $500 and $650, allowing for immediate cash flow and opportunity to continue forcing appreciation while increasing rents. Renovated units have new breakers, cabinetry, central heat, electric utilities, LVP flooring, PEX plumbing, tile tub surround, toilets, vanities, water heaters, windows, and a firewall between every 3 units, with the roof being replaced 4-5 years ago. With over $1.3B of healthcare improvement projects through 2031 in the Medical District, this investment is ideal for capitalizing in a rapidly growing area!

Details

MLS #10230922
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1956
Days On Site5
Listing Provided ByBraden, Braden & Braden LLC | Dylan Andrews

Features

Story(s)1
Units9
Building(s)1

Exterior

RoofShingle/Shake
ConstructionBrick
FoundationSlab

Parking

Parking FacilityOffsite/Street

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38105
AreaHarbor Town | Downtown
Subarea741E
Community NameHOLMES
Listing VS Median (in HOLMES)
Price:
$1,250,000
low | high
Med:
$0
On site:
5
low | high
Med:
Sourced by Back At You

Market Activity 38105

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Learn More About This Property

Mia Howry

Mia Howry

KAIZEN Realty

TN Lic# 308041 | MS Lic# S-58128 (901) 830-3528concerra@gmail.com
StateTN
CountyShelby
CityMemphis
Zip Code38105
AreaHarbor Town | Downtown
Subarea741E
Community NameHOLMES
Listing VS Median (in HOLMES)
Price:
$1,250,000
low | high
Med:
$0
On site:
5
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $937K - $1.562M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
222 LEATH ST Property Photo 1
$174,900
222 Leath St
Memphis, TN 38105
212 LEATH ST Property Photo 1
$174,900
212 Leath St
Memphis, TN 38105
229 LEATH ST Property Photo 1
$49,900
229 Leath St
Memphis, TN 38105
206 LEATH ST Property Photo 1
$174,900
206 Leath St
Memphis, TN 38105
Listing Updated: September 23, 2026 at 6:06:47 PM PDT

Mia Howry - KAIZEN Realty

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