Investors. Recently renovated multi-family 4-plex with each unit is 2bedroom 1 bath 900sqft. Features new LVP floor, paint, updated electrical, plumbing and central HVAC with permits. Tons of parking. Freshly painted kitchen cabinets, new windows, roof, updated bathroom and more. Don't miss out on this perfect mulit-family cash-flowing machine. All units vacant. Market rent: $1000-$1100 per unit Metal gate is being repaired and we are adding a motor with remote controls.
Unique opportunity to own this 4 bedroom apartment (8 total bedrooms)! Could be perfect for house hacking (live in one unit & rent the others) or investment. Each unit is 2 bedrooms & 1 bathroom & seller has made several improvements. Large, paved parking lot plus exterior & roof appear to be in good shape. ONLINE VIDEO AVAILABLE, This could easily generate $850 per unit or more. Owner is responsible for water. Property is currently fully vacant & being offered at a great price.
PROPERTYWARE #2
May 21, 2025
Rental Removed
$1,095
Mar 28, 2025
Listed for Rent
$1,250
Memphis Area Association of Realtors(R) MLS #10190076
Mar 7, 2025
Sold
$405,000
Feb 14, 2025
Listed
$430,000
Memphis Area Association of Realtors(R) MLS #10175241
Aug 1, 2024
Sold
$225,000
Jun 21, 2024
Listed
$270,000
+19
Unique opportunity to own this 4 bedroom apartment (8 total bedrooms)! Could be perfect for house hacking (live in one unit & rent the others) or investment. Each unit is 2 bedrooms & 1 bathroom & seller has made several improvements. Large, paved parking lot plus exterior & roof appear to be in good shape. ONLINE VIDEO AVAILABLE, This could easily generate $850 per unit or more. Owner is responsible for water. Property is currently fully vacant & being offered at a great price.
Memphis Area Association of Realtors(R) MLS #1
Nov 11, 2023
Price Changed
$280,000
Jul 25, 2023
Price Changed
$290,000
Public Records
Dec 19, 2019
Sold
$227,000
Public Records
Jul 31, 2019
Sold
$70,000
Memphis Area Association of Realtors(R) MLS #2656531
Feb 15, 2007
Sold
$60,000
Nov 15, 2006
Listed
$65,000
Public Records
Nov 30, 1999
Sold
$29,724
Public Records
May 31, 1991
Sold
$45,000
Public Records
Apr 29, 1991
Sold
$30,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,590 (+27.0%)
$12,880 + $131,120
$144,000
2024
$5,974 (+8.1%)
$12,880 + $131,120
$144,000
2023
$5,526
$6,960 + $83,760
$90,720
2022
$5,526 (−1.2%)
$6,960 + $83,760
$90,720
2021
$5,591 (+99.9%)
$6,960 + $83,760
$90,720
2020
$2,797
$6,960 + $83,760
$90,720
2019
$2,797
$6,960 + $31,640
$38,600
2018
$2,797 (+76.3%)
$6,960 + $31,640
$38,600
2017
$1,586 (−5.2%)
$6,960 + $31,640
$38,600
2016
$1,674
$6,960 + $31,640
$38,600
2014
$1,674
$6,960 + $31,360
$38,320
Tax history for 1196 Aubra Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,590 (+27.0%)
$12,880 + $131,120
$144,000
2024
$5,974 (+8.1%)
$12,880 + $131,120
$144,000
2023
$5,526
$6,960 + $83,760
$90,720
2022
$5,526 (−1.2%)
$6,960 + $83,760
$90,720
2021
$5,591 (+99.9%)
$6,960 + $83,760
$90,720
2020
$2,797
$6,960 + $83,760
$90,720
2019
$2,797
$6,960 + $31,640
$38,600
2018
$2,797 (+76.3%)
$6,960 + $31,640
$38,600
2017
$1,586 (−5.2%)
$6,960 + $31,640
$38,600
2016
$1,674
$6,960 + $31,640
$38,600
2014
$1,674
$6,960 + $31,360
$38,320
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
2005
Sq. Ft.
3,600
Year built
1952
Style
Multi-Family (5+ Unit)
County
Shelby County
APN
059056 00030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Oct 29, 2024 • Final
Residential electrical
Install five new electrical circuits and service outlets.
Electrical
Oct 28, 2024 • Final
Residential mechanical
Perform a gas pressure air test for multiple apartments and repair existing ductwork and gas lines.
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Facility: Gravel
Interior
Interior Features
Floors/Ceilings: Wood Laminate Floors
Appliances / Equipment: Refrigerator, Range/Oven (Built-In), Other (See Remarks)
Dryer In Unit, Washer In Unit
Multi-Unit Information
# of 2 Bedroom Units: 4
# of Units (Total): 4
Type of Units: 2 Br - 1 Bathroom
Repairs/Maintenance, Some Utilities
Exterior
Exterior Features
Foundation: Slab
Roof: Shingle/Shake
Lot Information
Parcel ID: 059056 00030
Lot #: 9
Lot Size: .29 Acres
Area: 757F
Property Information
# of Buildings: 1
Fourplex
Wood/Composition
Year Built: 1950
Financial
Tax Information
Annual City Tax: $2,451
Annual County Tax: $3,075
Lease / Rent Information
Tenant Pays: Other (Call Listing Agent), Some Utilities
Financing
New Financing: Cash Only, Conventional
Existing Financing: Conventional Fixed
Utilities
Utility Information
Hot Water: House System
Heating Systems: Gas, Individual Systems
Cooling Systems: Central
Location
Location Details
Directions: West bound on Barron and left on Aubra.
MAAR Subdivision Name: CHEROKEE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 3,600
Stories: —
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1952
Year Renovated: 2005
County: Shelby County
APN: 059056 00030
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Possession: At Closing
Around this home
Schools
Cherokee Elementary School
Public PreK-5 • Assigned • 0.4mi
6/10
Sherwood Middle School
Public 6-8 • Assigned • 0.6mi
5/10
Melrose High School
Public 9-12 • Assigned • 0.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.