1278 Edith Ave, Memphis, TN 38106
- $140,000
- 2
- BD
- 1
- BA
- Sold Price
- $140,000
- List Price
- $149,900
- Closing Date
- Mar 06, 2026
- MLS#
- 10209924
- Property Type
- Multifamily
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 50X150
- Status
- CLOSED
Property Description
Cash flowing rental property (duplex) for sale. Brick exterior and updated in many ways. Roof is about 3 years old. Other recent improvements: windows, new plumbing, updated electrical, 2 new water tanks, new HVAC, paint LVP flooring and more. Both side of this duplex are currently rented at $730 and $700 ($1430 total) so this is not quite a 1% rule but it is very close. This is a situation where showings can only be arranged after an accepted offer (contingent upon inspection or walk through.) Property is walking distance to shopping and transit. Tenants pay all utilities. Appliances stay with the property.
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Additional Information
- Annual City Tax
- 239
- Annual County Tax
- 254
- Bedrooms Downstairs
- 2
- Cooling
- Central Cooling
- Heating
- Central, Gas
- Hot Water
- Electric
- Legal Subdivision
- Walk Blk C
- Lot
- 9
- Lot Description
- Some Trees
- Lot Size
- 50X150
- New Financing
- Conventional
- Occupancy
- 100
- Parking
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- WALK BLK C
- Subtype
- Built as Duplex
- Year Built
- 1961
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Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: KAIZEN Realty, LLC.
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