BEDS6
BATHS2.2
MLS#10220528
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHERITAGE COLONY 1ST ADD BLK B
NEIGHBORHOODHickory Hill-HR Mall
Property Description
Attention Investors: Secure a high-potential asset with this turn-key duplex at 3762-3764 Ironwood Dr, perfectly positioned for immediate cash flow or a strategic "buy and hold" addition to your Memphis portfolio. This low-maintenance property features two spacious, well-maintained units with functional layouts and durable finishes designed to minimize turnover costs. Located in a high-demand rental pocket with easy access to major employment hubs and transit, this property offers a strong historical occupancy rate and significant upside potential for market rent adjustments. With ample off-street parking and a large lot, this is a rare opportunity to acquire a stabilized multi-family asset in an area showing consistent growth?don't miss out on this high-yield performer! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. 3762 - Leased thru 3/11/2027 at $899/m. 3764 - Leased thru 9/28/2027 at $895/m.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Heating: Central
Stories: 2.0
Year Built: 1972
Feature Descriptions
Days on Site: 5
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Part Carpet, Tile
Lot: Level
Parking: Driveway/Pad
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 425.41 per month $376.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $49.29 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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3762-3764 Ironwood Dr | MLS# 10220528
This multi-family property located at 3762-3764 Ironwood Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $169,000. Search Hickory Hill-hr Mall real estate on www.clhomes.com today.