Memphis TN Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1957
Baths:
MLS#:
10184655
Subdivision:
SPION KOP BLK 12

ADDITIONAL INFORMATION

Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! Half of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
10182311
Subdivision:
RIVERSIDE

ADDITIONAL INFORMATION

LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! One side occupied $699 mthly. 1yr lease in place. The other side is rent ready and vacant. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO WHOLESALERS OR ASSIGNMENTS.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2024 Memphis Area Association of REALTORS. All rights reserved.



Memphis Real Estate

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 38109 has a population of 634,139. Memphis 38109 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 38109 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 38109 is 34.2 years.

Memphis Weather

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.

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    180
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

Metric City County
High School Graduates 86.61 89.28
College Degree - 2 year 5.63 6.34
College Degree - 4 year 27.09 33.31
Graduate Degree 7.31 9.69
Expenditures per Student 12,225 12,225
Students per Teacher 15.8 15.8

Elementary Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Double Tree Elementary PK - 05 364 14.8 38109
Fairley Elementary PK - 05 527 20.4 38109
Ford Road Elementary PK - 05 643 19.5 38109
Freedom Preparatory Academy Charter Elementary School PK - 05 180 45 38109
John P. Freeman Optional School KG - 08 538 13 38109
Levi Elementary PK - 05 478 20.1 38109
Manor Lake Elementary PK - 05 344 17.2 38109
Raineshaven Elementary PK - 05 470 16.2 38109
Riverview School PK - 08 350 19.6 38109
Westwood Elementary 02 - 05 225 25 38109

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Chickasaw Middle School 06 - 08 436 18.2 38109
Geeter Middle School 06 - 08 442 24.6 38109
KIPP Memphis University Middle 06 - 06 83 20.8 38109
Riverview Elementary PK - 05 0 38109
Westhaven Elementary PK - 05 0 38109

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Carver High School 09 - 12 248 11.8 38109
Fairley High School 09 - 12 599 38109
Mitchell High School 09 - 12 551 19.6 38109
Westwood High School 09 - 12 425 15.7 38109

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* Southwest Career and Technical School 10 - 12 0 0 38109
Freedom Preparatory Academy 06 - 10 472 18.1 38109

Demographics near Memphis, TN 38109

Metric Zip Code City
Neighborhood Type Suburban
Population 634,139 929,178
Population Density 1,998 1,217
Median Age 34.2 35.7
People per Household 2.5 2.6
Median Household Income 43,981 55,015
Average Income per Capita 28,258 33,287