2380 Parkway Pl, Memphis, TN 38112

Property Description

Price improvement! This 1925 brick Craftsman in the heart of Midtown has been converted into a proven triplex: a spacious 2BR/1BA plus two efficiency units, each with its own kitchen and bathroom, and large flex room with hardwood floors. Main unit has original hardwoods, a fireplace framed by built-in bookcases, French doors, a dining room, breakfast room, an updated kitchen with gas range, two spacious bedrooms and a classic tiled bath. Character runs throughout, from the deep covered front porch to the rear deck. Owner-occupants may qualify for low-down-payment financing while rental income offsets the mortgage, building equity from day one. Multi-family ownership offers diversified income, tax advantages, and long-term appreciation, and one vacancy never means zero income. Minutes to Overton Park, the Memphis Zoo, Broad Avenue Arts District, Overton Square, and Crosstown Concourse, with quick access to Sam Cooper Blvd.