1531 Court Ave, Memphis, TN 38104

$370,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$370,000
Status
ACTIVE
Days on Market
145
Price Change
▼ $3,000 1780684201
MLS#
10215994
Year Built
1910
Lot Size
50X155
Subdivision
COURTLAND PLACE

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!

Additional Information

Exterior Construction
Vinyl Siding
Stories
2.5
Roof
Composition, Pitched
Foundation
Conventional/Crawl Space, Partial Basement

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.