743 Shotwell St, Memphis, TN 38111

$264,900
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List Price
$264,900
MLS#
10232825
Property Type
Multifamily
Lot Size
60X120
Status
ACTIVE
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901-465-7172

Property Description

GREAT INVESTMENT OPPORTUNITY NEAR THE UNIVERSITY OF MEMPHIS! Renovated triplex with one 3BR/1BA unit and two efficiency apartments. Extensively updated in 2024 by a licensed general contractor—far beyond cosmetic improvements! Remodeled kitchens feature granite countertops and updated cabinetry; baths are fully renovated. Major upgrades include plumbing and water lines to the meter, PVC sewer lines, tankless water heaters, electrical panels, outlets, switches and lighting. The 3BR unit has hardwood floors and central HVAC; efficiencies feature mini-splits and updated flooring. Fresh interior/exterior paint, W/D hookups in all units, mature trees and fenced yard. Two units leased for immediate income; vacant 3BR offers additional rental potential. Convenient to U of M, shopping and dining. Some photos virtually staged for illustration only; furniture, décor and accessories not included. DO NOT DISTURB TENANTS.

901-465-7172
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Additional Information

Annual City Tax
3108
Annual County Tax
3240
Construction
Wood/Composition
Foundation
Conventional/Crawl Space
Hot Water
Electrical
Legal Subdivision
Elm Cove
Lot
24
Lot Size
60X120
New Financing
Other (Call LA)
Parking Facility
Concrete
Roof
Composition
Stories
1
Subdivision
ELM COVE
Subtype
Converted House
Tenant Pays
All Utilities
Year Built
1945
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Listing courtesy of Reed & Associates of Tenn, 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.