Listing Courtesy of Crestcore Realty, LLC, James Johnson , 901-385-3119

1535 GAITHER ST Unit# 1-4, Memphis, Tennessee, 38106

Four-Unit Multifamily Investment Opportunity Excellent value-add opportunity with this 4-unit multifamily property. One unit is currently occupied, generating $750 per month in rental income. The remaining three units are vacant and ready for renovation, offering significant upside potential. All units have wall heat and mini-split style A/C. Market rent comps support projected rents of approximately $800 per unit once rehabbed. Ideal for investors looking to add value through renovations and increase long-term cash flow. This an attractive opportunity for buy-and-hold or portfolio expansion. Seller will consider owner financing as an option.

Active

$275,000

Multi-family

MLS

10212733

2 Stories

Built in 1970

Greenland Heights

1277 ()

Disclaimer: The information contained in this listing has not been verified by Crestcore Realty, LLC and should be verified by the buyer.

Information provided by MAAR

REQUEST MORE INFO

We will never spam you!

I agree to be contacted by the office for real estate purposes via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.

ADDRESS & DIRECTIONS

  • Street Address: 1535 GAITHER ST Unit# 1-4
  • City: Memphis
  • State: Tennessee
  • County: Shelby
  • Subdivision: Greenland Heights
  • Directions:
    Traveling West on I-240, Take I-240 North, exit East at South Parkway East, exit 28B. Take a left, travel West on College St, turn right & head North on Kerr Ave, Turn left (West) onto Gaither St, turn Left (South) onto Mississippi Blvd, turn R on Gaither

PROPERTY FEATURES

General Information

  • APPLIANCES / EQUIPMENT : Other (See REMARKS)
  • Units Type: 2 BR - 1 Bath,Unfurnished

Heating /Cooling Features

  • Heating : Wall Heat
  • Hot Water : Electrical
  • Cooling : Other (See Remarks)

Rooms Information

  • Total Number of Units : 4
  • Number 1 Bedroom Units : 0
  • Number 2 Bedroom Units : 4
  • Number 3 Bedroom Units : 0
  • Number of Other Units : 0

Interior Features

  • Floors/Ceilings : Vinyl Floor

Parking Features

  • Parking Facility : Asphalt/Blacktop

Construction Features

  • Construction : Brick
  • Foundation : Slab

SCHOOLS NEAR 1535 GAITHER ST Unit# 1-4

  • Courtesy of Crestcore Realty, LLC, James Johnson
  • Property last updated on MAAR : 1/27/2026 2:41:48 AM