1517 Court Ave, Memphis, TN 38104
- $345,000
- 3
- BD
- 1
- BA
- List Price
- $345,000
- MLS#
- 10228595
- Property Type
- Multifamily
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 50X153
- Status
- ACTIVE
Property Description
Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new appliances, updated kitchen, new flooring, fresh paint, and updated bath; upstairs unit received fresh paint, new dishwasher, energy-efficient windows, and updated bath. All owner-owned appliances (refrigerator, range/oven, dishwasher, washer, dryer, vent hood) convey. Fenced yard, driveway parking, walkable location near Midtown. Currently producing $2,900/month combined rental income with active leases in place. Annual termite treatment maintained. Listing agent must accompany all showings; tenant-occupied, advance notice required, mornings preferred.
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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
- Level, Some Trees
- 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
- Electric, Gas, Heating
- Year Built
- 1910
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Listing courtesy of Real Estate Agency.
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