Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!
Four Plex can be delivered vacant. Standard renovations have been made to make property rent ready to current seller liking. Rent roll available upon request. Current /Previous rent $700-$775 Potential rent amount can be raised to $875-$900 contact listing agent for access and more photos. Please send all offers.
Investor Special. Price includes two properties offered together. Single family home with over 1800 sq footage. Lower level semi-renovated. Second property is a duplex which income generating. Great Properties to add to a rental portfolio. Easy to show with the exception of the tenant occupied side. 3 minutes from Fed Forum in downtown Memphis. The two address for sale are 574 and 578 McKinley.
Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!
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 38126 has a population of 634,139. Memphis 38126 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 38126 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 38126 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.