1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
1531 COURT AVE, Memphis, TN 38104
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$370,000
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1531 COURT AVE Memphis, TN 38104

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Courtland Pl

MLS Listing ID 10215994

Year Built 1910

Annual Tax Amount $7,779

Property Sub-Type Triplex

Property Description

Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don't come around often—don't miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today!

Location

State TN

County Shelby

Area Central Gardens

Interior

Heating Central

Cooling 2+ Window Units per Unit, Central

Flooring Dry Wall, Hardwood Throughout, Tile, Vinyl Floor

Equipment Refrigerator, Range/Oven (Freestanding), Cooktop/Wall Oven, Disposal, Exhaust Fan/Vent Hood, Microwave, Smoke Detector(s)

Laundry Washer in Unit

Exterior

Parking Features Gravel

Roof Type Composition,Pitched

Building

Story 2.5

Foundation Conventional/Crawl Space, Partial Basement

Water Public Sewer, Public Water

Others

Miscellaneous Sidewalks,Professional Landscaping,Ceiling Fan(s),Historic District


Listed by Jordan A Ray • eXp Realty, LLC

NEARBY SCHOOL & BUSINESS

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Vontavius Hurd

Vontavius Hurd

Agent | License ID: 378346

+1(901) 610-1459

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1531 COURT AVE