Value add 21 units Multi-Family Renovation in 38128. Townhome style units consisting of 2 bedrooms with 1 1/2 bath. Two bedrooms / 1 bath upstairs with Central Heat and Air, Washer / Dryer Hook-up, and Vinyl siding. Owner pays water, trash, and outside lights. TPO rolled roofing in 2018 / 2019. 13 out of 21 units renovated in 2020. Property Being Sold As Is. Do not disturb tenants.
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 38128 has a population of 634,139. Memphis 38128 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 38128 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 38128 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.