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$ 199,000
Est. payment | /mo
4 Beds
2 Baths
$ 199,000
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Active
Purchase Type For Sale
Subdivision West Magnolia Hgts
MLS Listing ID 10216892
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1965
Annual Tax Amount $3,211
Property Sub-Type Built as Duplex
Property Description
Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young Historic District, Overton Square and Downtown Memphis, the location benefits from strong, consistent rental demand. Whether you're expanding your portfolio or acquiring a stable income-producing asset in a high-demand rental corridor, this duplex presents a compelling opportunity. Tenant leases and financials available upon request. Showings coordinated with tenants with appropriate notice. Stove and fridges are currently provided in each unit.
Location
State TN
County Shelby
Area South Memphis/Glenview
Rooms
Dining Room 10x10
Interior
Heating Central
Cooling Central Cooling
Flooring Part Carpet
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 1
Water Gas
Listed by Eric Earles • Fast Track Realty, LLC
Nearby Locations
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