1517 Court Ave, Memphis, TN 38104

$345,000
3
BD
1
BA

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List Price
$345,000
Status
ACTIVE
Days on Market
12
MLS#
10228595
Style
Traditional
Year Built
1910
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
50X153
Subdivision
COURTLAND PLACE

Property Description

Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new appliances, updated kitchen, new flooring, fresh paint, and updated bath; upstairs unit received fresh paint, new dishwasher, energy-efficient windows, and updated bath. All owner-owned appliances (refrigerator, range/oven, dishwasher, washer, dryer, vent hood) convey. Fenced yard, driveway parking, walkable location near Midtown. Currently producing $2,900/month combined rental income with active leases in place. Annual termite treatment maintained. Listing agent must accompany all showings; tenant-occupied, advance notice required, mornings preferred.

Additional Information

Property Description
Traditional
Heating
Central
Air Conditioning
Central Cooling
Exterior Features
Porch
Stories
2.5
Roof
Composition Shingles
Foundation
Partial Basement
Parking
Driveway/Pad

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Listing courtesy of Real Estate Agency.

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