New Listing
Description
TERRIFIC INVESTMENT OPPORTUNITY! This former fraternity house is steps away from the University of Memphis and could be a wonderful multi-family development. Extremely rare opportunity to buy this apartment this close to campus, these opportunities do not come around very often. Huge development across the street was completed and this could provide solid returns for years to come. Circular driveway allows for plenty of parking. Cash offers strongly preferred. Property being sold As-Is, Property does need substantial repairs. Value is in the land, but the interior can be redone and could be a very nice property. ONLINE VIDEO AVAILABLE UPON REQUEST.
Details
| MLS # | 10230224 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 7 |
| Listing Provided By | Crye-Leike, Inc., REALTORS | Tyler Tapley |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.39 |
| Property View | Some Trees |
Interior
| Number Of Rooms | 8 |
|---|---|
| Cooling | Central |
| Heating | Central |
Exterior
| Lot Description | Some Trees |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Galloway Gardens |
| Subarea | 755G |
| Community Name | PRESCOTTS NORMAL |
| Listing VS Median (in PRESCOTTS NORMAL) | |
Price: $350,000 low | high Med: $0 On site: 7 low | high Med: | |
Market Activity 38111
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Galloway Gardens |
| Subarea | 755G |
| Community Name | PRESCOTTS NORMAL |
| Listing VS Median (in PRESCOTTS NORMAL) | |
Price: $350,000 low | high Med: $0 On site: 7 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $262K - $437K
sqft: 0 - 0
Listing Updated: September 15, 2026 at 6:46:10 PM PDT