1517 Court Ave, Memphis, TN 38104

$299,499
3
BD
1
BA

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List Price
$299,499
Price Change
▼ $500 1791229264
MLS#
10228595
Property Type
Multifamily
Bedrooms
3
Bathrooms
1
Lot Size
50X153
Status
ACTIVE

Property Description

PRICED BELOW MARKET!! Rare Multifamily Investment Opportunity!! Priced to sell! Fully leased Midtown duplex in Central Gardens generating $2,900/month in combined rent, with tenants in place through spring 2027. Skip the vacancy and renovation headaches: the downstairs unit is freshly renovated with all-new appliances, an updated kitchen and bath, new flooring, and fresh paint, while the upstairs features an updated bath, new dishwasher, energy-efficient windows, and fresh paint. Two 3BR/1BA units, approx. 2,588 SF, built in 1910, each with combined living/dining and a separate kitchen. Owner-owned appliances, including washer and dryer, convey. Fenced yard, driveway parking, and annual termite treatment in place. A walkable, high-demand rental location. Investment opportunities like this move fast.

Additional Information

Annual City Tax
2408
Annual County Tax
2510
Appliances Equipment
Refrigerator, Range/Oven (Freestanding), Dishwasher
Cooling
Central Cooling
Exterior
Porch
Foundation
Partial Basement
Heating
Central
Hot Water
Gas
Legal Subdivision
Courtland Pl
Lot
16
Lot Description
Some Trees, Level
Lot Size
50X153
New Financing
Conventional, FHA, VA
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
2.5
Style
Traditional
Subdivision
COURTLAND PLACE
Subtype
Built as Duplex
Tenant Pays
Heating, Gas, Electric
Year Built
1910

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