BEDS6
BATHS2
MLS#10228595
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCOURTLAND PLACE
NEIGHBORHOODCentral Gardens
Property Description
PRICED BELOW MARKET!! Rare Multifamily Investment Opportunity!! Priced to sell! Fully leased Midtown duplex in Central Gardens generating $2,900/month in combined rent, with tenants in place through spring 2027. Skip the vacancy and renovation headaches: the downstairs unit is freshly renovated with all-new appliances, an updated kitchen and bath, new flooring, and fresh paint, while the upstairs features an updated bath, new dishwasher, energy-efficient windows, and fresh paint. Two 3BR/1BA units, approx. 2,588 SF, built in 1910, each with combined living/dining and a separate kitchen. Owner-owned appliances, including washer and dryer, convey. Fenced yard, driveway parking, and annual termite treatment in place. A walkable, high-demand rental location. Investment opportunities like this move fast.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Heating: Central
Roof Type: Composition Shingles
Stories: 2.5
Year Built: 1910
Feature Descriptions
Appliances: Refrigerator, Range/Oven (Freestanding), Dishwasher
Days on Site: 55
Exterior/ Windows: Wood/Composition, Vinyl Siding
Floors/ Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Vinyl Floor
Lot: Level, Some Trees
Parking: Driveway/Pad
Listed By / Shown By
Listed By
Agency Name: Real Estate Agency
Agency Phone: 901-625-5200
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 753.91 per month $666.56 Principal & Interest $0.00 Property Tax (data not provided by mls) $87.35 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1517 Court Ave | MLS# 10228595
This multi-family property located at 1517 Court Ave, Memphis, TN 38104 is currently listed for sale with an asking price of $299,499. Search Central Gardens real estate on www.clhomes.com today.