4 UNIT APARTMENT BUILDING 2 UNITS UPSTAIRS AND 2 UNITS DOWNSTAIRS, EACH UNIT HAS 2 BEDROOMS AND 1 BATH, CH & AIR BEING SOLD AS IS, GREAT INVESTMENT OPPORTUNITY, GREAT PROPERTY FOR CASH FLOW. PLEASE CALL FOR AN APPOINTMENT
Memphis Area Association of Realtors(R) MLS #10213506
Feb 27, 2026
Sold
$162,000
Jan 23, 2026
Price Changed
$124,900
Jan 22, 2026
Listed
$178,900
TURBOTENANT #2
Dec 21, 2024
Rental Removed
$800
Nov 19, 2024
Listed for Rent
$800
Oct 2, 2024
Rental Removed
$699
Aug 29, 2024
Price Changed
$699
Aug 23, 2024
Listed for Rent
$800
Aug 16, 2024
Rental Removed
$850
Aug 9, 2024
Price Changed
$850
Jun 15, 2024
Listed for Rent
$880
May 10, 2024
Rental Removed
—
Apr 9, 2024
Listed for Rent
—
REALTRACS as Distributed by MLS Grid #3023405
Dec 22, 2021
Sold
$349,000
+1
This East Memphis 4 unit building has lots of charm! There are (4) 2-1 bedrooms. The total scheduled monthly income is 2825. Drive by only. Please do not disturb tenants. 100% Occupied and all tenants on month to month. Well maintained, excellent location, great investment property. All units separately metered. Owner pays for water. Inspection contingent upon offer. Owner/Agent
Memphis Area Association of Realtors(R) MLS #10111361
Dec 22, 2021
Sold
$349,000
Oct 25, 2021
Listed
$349,000
+1
Public Records
May 22, 2019
Sold
$55,000
Memphis Area Association of Realtors(R) MLS #10019473
Feb 9, 2018
Sold
$68,000
Jan 29, 2018
Listed
$70,000
Memphis Area Association of Realtors(R) MLS #9952725
Jun 30, 2015
Sold
$10,000
May 24, 2015
Listed
$12,500
Memphis Area Association of Realtors(R) MLS #1
Jan 15, 2015
Price Changed
$16,500
Public Records
May 21, 1999
Sold
$37,000
Memphis Area Association of Realtors(R) MLS #9805294
Mar 19, 1998
Listed
$39,500
Public Records
Jul 5, 1995
Sold
$34,646
Public Records
Sep 22, 1987
Sold
$48,500
Year
Property tax
Land + Additions
Assessment*
2025
$3,274 (+0.6%)
$9,640 + $52,480
$62,120
2024
$3,256 (+8.1%)
$9,640 + $52,480
$62,120
2023
$3,012
$5,520 + $43,920
$49,440
2022
$3,012 (−1.2%)
$5,520 + $43,920
$49,440
2021
$3,047 (+45.4%)
$5,520 + $43,920
$49,440
2020
$2,096
$5,520 + $43,920
$49,440
2019
$2,096
$5,520 + $23,400
$28,920
2018
$2,096 (+76.3%)
$5,520 + $23,400
$28,920
2017
$1,189 (−3.1%)
$5,520 + $23,400
$28,920
2016
$1,227
$5,520 + $23,400
$28,920
2014
$1,227
$5,520 + $22,560
$28,080
Tax history for 1203 Aubra Dr
Year
Property tax
Land + Additions
Assessment*
2025
$3,274 (+0.6%)
$9,640 + $52,480
$62,120
2024
$3,256 (+8.1%)
$9,640 + $52,480
$62,120
2023
$3,012
$5,520 + $43,920
$49,440
2022
$3,012 (−1.2%)
$5,520 + $43,920
$49,440
2021
$3,047 (+45.4%)
$5,520 + $43,920
$49,440
2020
$2,096
$5,520 + $43,920
$49,440
2019
$2,096
$5,520 + $23,400
$28,920
2018
$2,096 (+76.3%)
$5,520 + $23,400
$28,920
2017
$1,189 (−3.1%)
$5,520 + $23,400
$28,920
2016
$1,227
$5,520 + $23,400
$28,920
2014
$1,227
$5,520 + $22,560
$28,080
*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
92 ft.
Lot depth
—
Lot size
10,211 Sq. Ft.
Year renovated
1990
Sq. Ft.
3,600
Year built
1952
Style
Multi-Family (5+ Unit)
County
Shelby County
APN
059057 00010
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
Jul 7, 2023 • Final
Residential mechanical
Install new gas water heaters.
Plumbing
Water heater
Oct 7, 2020 • Final
Residential electrical
Restore electrical service that has been disconnected for over ninety days.
Electrical
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: Asphalt/Blacktop
Interior
Interior Features
# of Stories: 2
Floors/Ceilings: Tile, Hardwood Throughout, Other (See Remarks)
None
Multi-Unit Information
# of 2 Bedroom Units: 4
# of Units (Total): 4
Type of Units: 2 Br - 1 Bathroom
Other (Call Listing Agent)
Exterior
Exterior Features
Miscellaneous Exterior: Sidewalks, Other (See Remarks)
Foundation: Conventional/Crawl Space, Other (See Remarks)
Roof: Composition
Lot Information
Parcel ID: 059057 00010
Lot #: 5
Lot Size: 0.23
Area: 757F
Property Information
# of Buildings: 1
Apartment Building
Brick/Veneer, Wood/Composition
Year Built: 1952
Financial
Tax Information
Annual City Tax: $1,603
Annual County Tax: $1,671
Lease / Rent Information
Type Of Leases: Other (Call Listing Agent)
Tenant Pays: Other (Call Listing Agent)
Financing
New Financing: Other (Call Listing Agent), Cash Only
Existing Financing: Clear
Utilities
Utility Information
Hot Water: Gas, Other (See Remarks), Public Sewer, Public Water
Heating Systems: Central, Gas, Other (See Remarks)
Cooling Systems: Central, Other (See Remarks)
Location
Homeowners Association Information
Other (See Remarks)
Location Details
Directions: FROM PRESCOTT, GO WEST ON BARRON AND TURN LEFT ON AUBRA RD. PROPERTY WILL BE ON THE RIGHT
MAAR Subdivision Name: CHEROKEE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 3,600
Stories: —
Lot Size: 10,211 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1952
Year Renovated: 1990
County: Shelby County
APN: 059057 00010
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 • 0.3mi
6/10
Sherwood Middle School
Public 6-8 • Assigned • 0.7mi
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.