This classic midtown 4 plex has been recently rehabbed. The units are large 1 bedrooms with central heating and air. The property has been operated as a short term rental with Air B & B with average monthly rental of over 3000 per month per unit. Drive by only. Please do not disturb residents.
Location, location, location ! Midtown duplex is within walking distance of Overton Park, Broad Ave restaurants, and multiple new apartment buildings. 1 bedroom/ 1 bath on each side 1669 total sf per tax assessor record. Both sides are vacant so it's ready for your remodeling. Unit 1 has power on currently, and will need cosmetic repairs. Unit 2 had a kitchen fire, so it will need a COMPLETE renovation. Work that has been completed on Unit 2 include: brand new vinyl windows all around, new electrical panel installed and inspected and power is on to the panel with a temp outlet. Unpainted brick exterior is in good shape. Double driveways and lot size 50 x 125. Fully boarded up and new security chain link fence on the property. Sold as-is, prefer closing within 21 days $1,000 Earnest Money. POF required with all offers.
This 16-unit apartment building offers a range of studio to 2-bedroom apartments. Perfect for investors seeking steady rental income in a prime location. Each unit provides comfortable living spaces, all appliances including a washer and dryer, and consistently offers high occupancy rates. Donâ??t miss out on this promising addition to your portfolio!
INVESTORS ONLY! Fully rented brick duplex....each side rented at $550 (total rent is $1100). Long term tenants are currently MTM. Roof is 2 years old. Tenants pay all utilities. Each unit has 2 bedrooms & central heat & air plus gas cooking. Online video available upon request. Could be an excellent addition to your rental portfolio. No blind offers, no creative or owner financed offers. No wholesale or assignment.
Newly renovated corner lot duplex in Binghampton currently being advertised for rent at $750/mo per side. Cash offers preferred and easy to show. Owner financing is also available!
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 38112 has a population of 634,139. Memphis 38112 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 38112 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 38112 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.