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Sold for $950,000
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    • $950,000

    4651 Royal Ridge Dr, Memphis, TN 38128

    --beds
    --baths
    9,632sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $941,100 Zestimate®
    $99/sqft
    $893 Estimated rent

    Home value

    $941,100

    $734,000 - $1.20M

    $893/mo

    Zestimate® history
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    $893/mo

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    $893/mo

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    $5,798/mo

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    $5,798/mo

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    What's special

    Stabilized 19 unit with tons of upside. Over $20k in interior capitalizations in 2023. Nice mix of 1/1 units and 2/1 townhome units. Close to Nike & Amazon in safe, quiet neighborhood. Monthly rent $9,885, potential $13,900. Purpose built as a 20 unit; can easily be turned back for more units/income.

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2024 at 02:26pm

    Listed by:

    Jessica Sewell,

    Prime Real Estate Group

    Bought with:

    Prime Real Estate Group

    Source: MAAR,MLS#: 10157388MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Electric, Individual Systems
    Cooling
    • Central Air, Electric, Individual Cooling
    Appliances
    • Included: Range/Oven (Freestanding), Refrigerator, Electric Water Heater
    • Laundry: Connections, In Basement
    Features
    • Flooring: Partial Carpet, Wood Laminate Floors
    • Basement: Storage Space
    • Furnished: Yes
    Interior area
    • Total structure area: 9,632
    • Total interior livable area: 9,632 sqft

    Property

    Parking
    • Parking features: Asphalt/Blacktop, More Than 1 Per Unit
    Features
    • Stories: 2
    • Exterior features: Professional Landscaping
    • Fencing: Wood,Partial
    Lot
    • Size: 1.61 Acres
    • Dimensions: 1.6 ACRES
    Details
    • Parcel number: 090002 00104

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Dry Wall
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Memphis
    • Subdivision: Royal Ridge

    HOA & financial

    Other financial information
    • Total actual rent: 118620

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/11/2024Listing removed$995
    Source: Zillow Rentals Report a problem
    9/9/2024Listed for rent$995+165.3%
    Source: Zillow Rentals Report a problem
    4/8/2024Sold$950,000$99/sqft
    Source: MAAR #10157388 Report a problem
    12/29/2023Price change$950,000-5%$99/sqft
    Source: MAAR #10157388 Report a problem
    11/19/2023Price change$999,9990%$104/sqft
    Source: MAAR #10157388 Report a problem

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: Raleigh

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    An equal housing lender. NMLS #10287.

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