Memphis TN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10181873
- Subdivision:
- EAST WHITEHAVEN PARK
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Courtesy: CrestCore Realty MphsBrokerage
Dean Harris
ADDITIONAL INFORMATION
Fantastic investment opportunity in the Shelby area. This 4br/2 baths Duplex is in the 38118 area. One unit occupied with a monthly rental amount of $740/month. The lease ends on 05/31/2025. One side is vacant. No wholesaler offers or offers with assignment of contract language will be accepted.
$154,900
3381 WINGATE Cv Memphis, TN 38118
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1971
- Baths:
- MLS#:
- 10181184
- Subdivision:
- KNIGHTWOODS 1ST ADDN REV
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Courtesy: Memphis Metro Realty
Randall Weatherall
ADDITIONAL INFORMATION
What a great property for an investor - 2 long-term tenants in place, room to grow rents & do work if you want to BRRRR it. The Seller says it's one of their best-performing properties as the rents just come in every month with no issues. One side is rented for $575 & the other is $705, can be $1100+/side with some updating with an ARV of around $220-240,000! Great area, by a school & on a cove - it will be an awesome addition to your portfolio! *No seller-financing or wholesaler offers.*
$3,595,000
3251 OLD GETWELL Rd Memphis, TN 38118
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.97 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 10172400
- Subdivision:
- BROOK HOLLOW COMMERCIAL
View additional info
Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
ADDITIONAL INFORMATION
This 48-unit property is a value add opportunity located near East Memphis. There are 43-3BR units and 5-2BR units. The total scheduled monthly income is 44764. There are 12 units left to be rehabbed. Drive by only. Please do not disturb residents
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 $82,100. This is lower than the county median home value of $131,400. The national median home value is $219,700. The average price of homes sold in Memphis, TN is $82,100. Approximately 39.83% of Memphis homes are owned, compared to 44.06% rented, while 16.11% 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 38118 has a population of 654,723. Memphis 38118 is less family-centric than the surrounding county with 20.26% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Memphis, Tennessee 38118 is $38,230. The median household income for the surrounding county is $48,415 compared to the national median of $57,652. The median age of people living in Memphis 38118 is 33.7 years.
Memphis Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 54.3 inches per year, with 3.2 inches of snow per year.