1825 Castalia St, Memphis, TN 38114
ARV: Repair: Asking: $88,000 This multifamily property is a gem! 7 units tenant occupied for $350/month. Current gross rental income of $2,450/month. Each unit is 1bed/1bath. Property in decent condition could command more rent with interior cosmetic upgrades. Solid addition to your investment portfolio. Currently owner managed. The return on investment is triple the 1% rental income rule. If you are truly looking for cashflow look no further!