2435 Forrest Ave, Memphis, TN 38112
- $150,000
- List Price
- $150,000
- MLS#
- 10230280
- Property Type
- Multifamily
- Lot Size
- 50X133
- Status
- ACTIVE
Property Description
Cash-flowing duplex in the heart of Midtown Memphis. Both units occupied with long-standing tenants, generating income from day one of closing! Ideally suited for the out-of-state investor seeking a hands-off, asset. Unit 1 and Unit 2 are both leased, providing immediate, stabilized rental income with no lease-up period or vacancy risk. Located near Broad Avenue's shops and restaurants and just minutes from the Memphis Zoo and Overton Park, this Midtown location keeps tenant demand strong. Solid bones, established rental history, and consistent cash flow — everything an out-of-state buyer wants in an investment. Financials available upon request. Schedule your due diligence review today!
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Additional Information
- Annual City Tax
- 1739
- Annual County Tax
- 1813
- Construction
- Brick, Vinyl Siding
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Misses Hanson
- Lot
- 20
- Lot Size
- 50X133
- New Financing
- Conventional
- Parking Facility
- Concrete
- Roof
- Shingle/Shake
- Stories
- 1
- Subdivision
- MISSES HANSON
- Subtype
- Other (See REMARKS)
- Tenant Pays
- All Utilities
- Year Built
- 1922
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Listing courtesy of Reedy & Company, REALTORS.
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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.