Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!
Discover an incredible investment opportunity in this unique duplex, expertly converted into a quadplex. Each unit is being sold furnished and offers an inviting atmosphere for future residents. Every floor plan is slightly different- one studio, one 1/1, one 2/1, and one 2/1.5. The full basement provides additional storage for all. Multiple units are currently being used as an Airbnb. Property was recently at 100% occupancy with previous combined rents totaled $6750 per month. Situated in Central Gardens, this quad is designed for steady income and low vacancy rates. This building underwent extensive renovations in 2018 featuring updates that include refinished hardwoods, updated kitchens and baths, updated electric and plumbing and a brand new driveway. Additional parking available in the rear. Earnest money payable to and held by Shelley Rothman, GCEM. Email all offers to BOTH listing agents. Advanced notice required on all showings.
This elegant duplex in the heart of Central Gardens is open and spacious with lots of character and architectural details. Lovely hardwood floors, high ceilings, great moldings, beautiful sunrooms, lots of natural light, plus covered parking.
This Midtown Home Is Sure To Please! This Home Can Be Used For Single Family or Multi Family. Currently Has 3 Units,1 (1 bedroom 1 bath), 2 (2 bedrooms, 1 bath), Kitchens, Hardwood Floors, NO Carpet, & Lots of Storage! This was a successful short term rental previously. Seller no longer travels back to Memphis for work, so they've decided to sell. Possibility of assumable VA loan w/3.375% interest rate. Vacant, easy to show!
This is a rare opportunity to own a new duplex that is conveniently located in walkable neighborhood near the Cleveland Concourse. Each unit has an open floor plan with high ceilings ,spacious rooms , nice finishes and very high ceiling. The quality construction is evident with so much attention to detail. There is ample parking. This property is perfect for an owner occupant or an investor looking for turnkey units. Very attractive facade that blends well with the neighborhood. 4 bedrooms 2 baths up and 3 bedrooms 2 baths down. Great kitchens. Special financing is available for owner occupant with no income limit!
**PRICE REDUCED** Historic triplex planted in the heart of Midtown Memphis! Super deep lot and all new major systems (Roof, HVAC, water heater)! The well-built house boasts 3 units: one studio, one 1br/1ba with a pergola patio, and one 2br/1 ba with a balcony! Expand your portfolio or become an owner occupant to cover your monthly payment with rent from the other 2 units! This property qualifies for multiple down payment assistance programs for owner occupant buyers. This property has TONS of upside for pushing rents above $3k a month, for the seasoned investor. Each unit is ready to rent! Call the listing agents today for more information.
This newer triplex consists of 3 large 2 bedroom 2 bath units with lots of modern amenities including modern kitchens and washers and dryers and balconies. The scheduled monthly income is 6300 per monthl. Drive by only Please do not disturb residents.
This newer 4 plex consists of all large 2 bedroom 2 bath units with lots of modern amenities, including washers and dryers and modern kitchens . The scheduled monthly income is 7200 per month. Drive by only. Please do not disturb residents.
SELLER IS HIGHLY MOTIVATED. ENTERTAINING ALL OFFERS. SOLD AS PACKAGE ONLY. 1319 Harbert (5 units) is only sold in unison with 1329 Harbert (9 units) Located in Midtown Memphis, this 5 unit historic building has been recently renovated in 2023. Laundry in basement, heating is boiler system. Cooling - half central, half wall units. Gas hot water heater. Do not disturb tenants. Call agent for details and showing. PACKAGE PRICE: $899,000
Buy these condos Individually or as a Discounted Package! Hereâ??s your chance to add two cash-flowing assets to your real estate portfolio. These 2-bedroom, 1-bath condos are available individually or as a package deal, offering a $10,000 discount when purchased together. The HOA payment for one of the units is $160/ month but includes water, trash and landscaping services. The units have dedicated off street parking for both units and each unit already has property management and tenants already in place. The property on 105 n Belvedere unit #6 is renting for $1,050/ month. The property at 45 n Belvedere unit 108 is renting for $550/month. Contact for more info on lease duration and expenses.
Beautiful 6 unit multifamily in the heart of midtown with easy access to the medical district, dining, shopping and entertainment. Fully occupied with value add opportunity with cosmetic upgrades. A must see for any investor.
Features 2 townhouse style units with 2 bedrooms & 1.5 baths and 1 detached unit with 1 bedroom & 1 bath. All units have been rehabbed with new kitchens and updated baths. Granite countertops, stainless steel appliances, modern cabinetry, new roof, new HVAC for each unit, updated electrical & plumbing with full size washers & dryers. The scheduled monthly income is 3,450. Drive by only. Please do not disturb residents.
3 Renovated units, a one bedroom and two, three bedroom apartments. All are large and have been renovated from the studs out within the past 12 years.. Excellent large units with a solid rental history and tenants who are happy and want to stay! PLEASE DON NOT DISTURB TENANTS, DRIVE BY ONLY! Showings with accepted offer only!
Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. Vacant duplex that is being marketed to investors & owner occupant buyers who want to live inside & collect rent on the other side (House Hack). Each unit is 2 bedrooms 1 bath & management company is asking $1150 for unit 1 & $950 for unit 2. ONLINE VIDEO AVAILABLE UPON REQUEST. Could be a great primary residence, AirBnb, or long term rental. FHA/VA/ Conventional offers welcome!
Perfect turnkey investment in the sweet spot of Midtown walk everywhere! Duplex rarely goes vacant and fully leased with a total monthly income of $1925.00 Don't let this classic updated property with all appliances and central air pass. No showings without an accepted offer with inspection contingency.
Gorgeous historic duplex with extensive renovations. 3 BR spacious units up and down. Renovated bathrooms, kitchen, balcony, patio. Newly reconditioned roof and brand new central air and heat. Parking pad in rear. Charm throughout with 3 large bedrooms, living with built ins and separate dining room, . Each unit has patio or balcony. New appliance package includes washer and dryers. One unit occupied at $1295, one unit vacant. Please do not disturb tenants - showings by appointment only.
The Graffiti House in Cooper-Young ** This is a DOPE property right here.... **Out of this World Modern Cooper-Young Duplex!!!! 2023 New Construction - One of a kind Cooper-Young Duplex. Every square inch has been designed with the customers experience. A Modern touch with an urban feel meant to draw in eyes of the neighborhood. Currently occupied to Short-Term tenants. Local Graffiti Artist @nosey42
ASSUMABLE LOAN: Seller financing assumable upon lender approval 10 of 11 units upgraded, occupied, and cash flowing. Many major CapEx already done for the new owner (more in docs) Seller will pay 6 mo. of management fees if buyer retains current manager on 12 month agreement. 11th unit is LARGE 2 story unit in the southwest corner of the building. Unit needs work to occupy.
Duplex with Guesthouse! Dont Miss out on this opportunity in a great location in Midtown Memphis! Main Structure is an up down duplex, Unit 1 - 1st Floor is 3 BR - 2 Baths, Unit 2 - 2nd Floor is 2 BR - 2 Baths plus Loft Area. The guesthouse is 2 story 1 BR-1 Bath. All Units have their own outdoor area, all units have upgraded Kitchens and Baths and come with all appliances including Washer Dryer in all 3 units. Property has Gated Parking Area, Landlord Storage Room and has been well maintained!
Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.
The median home value in Memphis, TN is $148,300. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $148,300. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee 38104 has a population of 634,139. Memphis 38104 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee 38104 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38104 is 34.2 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.