$356 Closing Credit¹
#10188122, Listing Office: Grand Point Realty, LLC
$1,350,000 List price
1680 Kansas St Memphis, TN 38109
$10,000
Closing credit¹
Multi-Family
Property details
About 1680 Kansas St
Welcome to Sunny Grove! This is a 22-unit fully occupied property with two buildings and one graveled parking lot. Spanning 3 addresses (1680 Kansas St, 1686 Kansas St and 1683 Kansas), it is a turnkey, renovated, cash-flowing property to a VA-Funded Nonprofit for veterans in need. 3-year lease is in place! $15k/mo in rental income, utilities reimbursed, maintenance reimbursed, no Capex needed! What an opportunity! Oh and the non profit provides onsite management, handles tenant turnover, and maintenance requests. All units have been updated to meet VA requirements and both buildings have newer roofs. Laundry onsite. This property is already delivering a fantastic ROI and long term cash flow. It's now your time to reap the benefits! Rent rolls, financials, and records available upon request. Inspections with due diligence. Text or Call agent for additional information and questions.
Highlights
Home typeMulti Family
HeatingElectric, Other
StatusActive
CoolingElectric, Other
BasementYes
Year built1954
Parking1 Per Unit, Concrete, Gravel
MLS #10191974
Summary
- MLS Number: 10191974
- Office Name: Sell901 Real Estate
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: 3/15/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,350,000
1680 Kansas St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2021 | Home Sold | $510,000 |
| Dec 03, 2020 | Home Sold | $350,000 |
| Apr 18, 2019 | Home Sold | $500,000 |
| Apr 06, 2017 | Home Sold | $560,000 |
| Jun 29, 2016 | Home Sold | $250,000 |
| Apr 15, 2015 | Home Sold | $110,000 |
| Mar 12, 2015 | Home Sold | $30,000 |
| May 13, 2013 | Home Sold | $30,000 |
| Mar 25, 2009 | Home Sold | $100,000 |
| Apr 05, 2006 | Home Sold | $92,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $71,560 | $4,359 |
| 2023 | $71,560 | $4,359 |
| 2022 | $71,560 | $1,941 |
| 2021 | $71,560 | $1,941 |
| 2020 | $14,640 | $1,060 |
| 2019 | $14,640 | $1,060 |
| 2018 | $14,640 | $601 |
| 2017 | $14,640 | $262 |
History based on county public records data.
Nearby schools
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
0.6 mi
•90 W Olive Ave
2
Vision Preparatory Charter School
Public Charter KG-5
0.6 mi
•260 Joubert Ave
3
A. B. Hill Elementary School
Public District PK-5
1.0 mi
•345 E Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,766. The most common annual income of people living in Memphis, TN is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
86%
<35k
14%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
56%
Single, No Kids
29%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Golden Corral
What do the neighbors drive?
Buick
Cadillac
Kia
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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This home is located at 1680 Kansas St in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,350,000.
While more than 57 listings in Memphis, TN in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 205 were sold below. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.