1531 Court Ave, Memphis, TN 38104
- $370,000
- List Price
- $370,000
- Price Change
- ▼ $3,000 1780684201
- MLS#
- 10215994
- Property Type
- Multifamily
- Lot Size
- 50X155
- Status
- ACTIVE
Property Description
Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don’t come around often—don’t miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today!
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Additional Information
- Annual City Tax
- 3809
- Annual County Tax
- 3970
- Construction
- Vinyl Siding
- Foundation
- Conventional/Crawl Space, Partial Basement
- Hot Water
- Public Sewer, Public Water
- Legal Subdivision
- Courtland Pl
- Lot
- 13
- Lot Size
- 50X155
- New Financing
- Conventional, FHA/VA
- Parking Facility
- Gravel
- Roof
- Composition, Pitched
- Stories
- 2.5
- Subdivision
- COURTLAND PLACE
- Subtype
- Triplex
- Tenant Pays
- Other (Call LA), Security Deposit
- Year Built
- 1910
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Listing courtesy of eXp Realty, LLC.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.