9 days on rocket

123 Majuba Dr, Memphis, TN, 38109

$300,000

Home List Price

$3,563*

Closing Credit

0 Baths
Multi

Location

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123 Majuba Dr, Memphis$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingConcrete
Year Built1957
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10184655
StatusActive

About 123 Majuba Dr

Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! Half of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Near Kansas and Majuba

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

123 Majuba Dr vs Memphis

9 DAYS ON ROCKET

$300,000

+$109.5K More

KEY TAKEAWAY

This property is $109.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184655

Listing Office:

  • Office Name: eXp Realty, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-394989
2
/10

  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 0.30 miles

  • Public Charter Grades KG-5

school-card-donut-394990
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 0.91 miles

  • Public Charter Grades PK-5

school-card-donut-394991
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,014. The most common annual income of people living in Memphis, TN is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38109›123 Majuba Dr

This home is located at 123 Majuba Dr in Memphis, TN and zip code 38109 in the Riverside neighborhood. This home was built in 1957. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $300,000.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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