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Brittan Robbins

brobbins0502@gmail.com +1(901) 494-6401

$ 199,900

Est. payment | -/mo

1,296 SqFt

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$ 199,900

Est. payment | -/mo

Save

1,296 SqFt

Key Details

Property Type Multi-Family

Sub Type Other (See REMARKS)

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $154

Subdivision Highland Heights Blk 14

MLS Listing ID 10224308

Year Built 1925

Annual Tax Amount $1,790

Property Sub-Type Other (See REMARKS)

Property Description

3 of 4 units rented! Rent is $650/month for all units, plus each tenant pays $150/month towards utilities. The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed and is ready for leasing now. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone!

Location

State TN

County Shelby

Area Midtown/Holmes

Interior

Heating Other (See Remarks)

Cooling 1 Window Unit per Unit, 2+ Window Units per Unit, Central

Flooring Tile, Vinyl Floor, Wood Laminate Floors

Laundry Common Laundry

Exterior

Parking Features Asphalt/Blacktop, Offsite/Street

Roof Type Shingle/Shake

Building

Story 1.1

Foundation Conventional/Crawl Space

Water Gas, Public Sewer, Public Water

Listed by Randall C Weatherall • Memphis Metro Realty

Nearby Locations

"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

3468 BOWEN AVE Memphis, TN 38122

Brittan Robbins

Key Details

Location

Interior

Exterior

Building

Nearby Locations

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3468 BOWEN AVE