1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
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$ 370,000
Est. payment | /mo

$ 370,000
Est. payment | /mo

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Courtland Pl

MLS Listing ID 10215994

Year Built 1910

Annual Tax Amount $7,779

Property Sub-Type Triplex

Property Description

Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don't come around often—don't miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today!

Location

State TN

County Shelby

Area Central Gardens

Interior

Heating Central

Cooling 2+ Window Units per Unit, Central

Flooring Dry Wall, Hardwood Throughout, Tile, Vinyl Floor

Equipment Cooktop/Wall Oven, Disposal, Exhaust Fan/Vent Hood, Microwave, Range/Oven (Freestanding), Refrigerator, Smoke Detector(s)

Laundry Washer in Unit

Exterior

Parking Features Gravel

Roof Type Composition,Pitched

Building

Story 2.5

Foundation Conventional/Crawl Space, Partial Basement

Water Public Sewer, Public Water

Others

Miscellaneous Sidewalks,Professional Landscaping,Ceiling Fan(s),Historic District

Virtual Tour https://youtu.be/3HBnes9jp9Y?si=KVR9bfiKxMQYFBFw

Listed by Jordan A Ray • eXp Realty, LLC

Nearby Locations

Brittan Robbins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(901) 494-6401

brobbins0502@gmail.com

7121 Regal Lane, Ste 215, Knoxville, TN, 37918

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1531 COURT AVE