$300,000

123 Majuba Dr Memphis, TN 38109

$3,563
Closing credit¹
Multi-Family

Property details

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! ALL of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Year built1957
ParkingConcrete
MLS #10190953

Summary

  • MLS Number: 10190953
  • Office Name: eXp Realty, LLC

Copyright© 2025 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: 3/6/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home featuring roof with shingles, brick siding, a chimney, and driveway

$300,000

123 Majuba Dr

$3,563

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

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Nearby schools

2

Vision Preparatory Charter School

Public Charter KG-5

0.3 mi

260 Joubert Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

0.9 mi

90 W Olive Ave

3

A. B. Hill Elementary School

Public District PK-5

1.3 mi

345 E Olive Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,014. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

81%
<35k
18%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Burger KingBurger King
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 123 Majuba Dr in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $300,000.

In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. In February 2025 in Memphis, TN there were 13.5% more homes for sale than in January. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.

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

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