1320 Faxon Ave, Memphis, TN 38104

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Sold Price
$182,000
List Price
$199,750
Closing Date
Aug 22, 2025
MLS#
10176486
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X160
Status
CLOSED

Property Description

Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to investors & owner occupant buyers who want to live inside one unit & collect rent on the other side (House Hack). Each unit is 2 bedrooms 1 bath & Unit 1 is currently rented at $945 per month and Unit 2 is vacant and being marketed for rent. You can live in one of the units or do short term rentals for it and have long term sustained rent on the other unit. This is a wonderful long term area and is seeing a lot of growth & activity. ONLINE VIDEO AVAILABLE UPON REQUEST. Could be a great primary residence, AirBnb, or long term rental. FHA/VA/ Conventional offers welcome! No owner financing, no creative financing, no owner financing offers please.

Additional Information

Annual City Tax
558
Annual County Tax
700
Cooling
2+ Window Units per Unit
Fireplaces
1
Foundation
Conventional, Partial Basement
Heating
Wall Heat
Hot Water
Electric, Gas
Legal Subdivision
Speedway Terr Blk B
Lot
61
Lot Description
Level
Lot Size
50X160
New Financing
Conventional, FHA, VA
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
SPEEDWAY TERRACE BLK B
Subtype
Built as Duplex
Year Built
1920

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Crye-Leike, Inc., REALTORS.

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