10
See all 10 photos
$130,000
Est. payment /mo
4 Beds
2 Baths
Active
4481-4483 SUMNERS WELLS RD Memphis, TN 38118
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Key Details
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Active
Purchase Type For Sale
Subdivision East Whitehaven Park
MLS Listing ID 10225448
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1974
Annual Tax Amount $2,969
Property Sub-Type Built as Duplex
Property Description
Duplex with immediate, in-place income — both 2 bed / 1 bath units are currently leased, one at $800/month through 02/02/2027 and the other at $700/month through 02/10/2028, for $1,500 in combined monthly rent from day one. Totaling 4 bedrooms, 2 bathrooms, and approximately 1,634 square feet, each side offers a kitchen with shaker cabinetry and tile backsplash, separate living and dining rooms, and LVP flooring. Located in Southeast Memphis near major distribution employers including an Amazon fulfillment center and Nike, and minutes from Memphis International Airport, the area sees steady rental demand. A solid addition for an investor seeking a multi-unit property with current income and long-term portfolio value. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE
Location
State TN
County Shelby
Area Whitehaven/Tchulahoma
Rooms
Dining Room 0x0
Interior
Heating Central
Cooling Central Cooling
Flooring Vinyl Floor
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Building
Lot Description Level
Story 1
Water Other (See REMARKS)
Listed by James C Wachob • Foundation Property Management
NEARBY SCHOOL & BUSINESS
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