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Property Description

3 of 4 units rented! Rent is $650/month for all units, plus each tenant pays $150/month towards utilities. The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed and is ready for leasing now. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it’s ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown – it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you’re interested at all! There may not be another chance for a while once it’s gone!

Features
: Other (see Remarks)
: Central, 1 Window Unit Per Unit, 2+ Window Units Per Unit
: Conventional/crawl Space
: Asphalt/blacktop, Offsite/street
Address Map
US
TN
Shelby
Memphis
HIGHLAND HEIGHTS BLK 14
38122
BOWEN
3468
AVE
0
W90° 3' 17.1''
N35° 9' 12.7''
Driving W on Summer Ave., take a right onto National, then a left onto Bowen. The property is on the right.
MLS Addon
16570
Active
: Other (see Remarks)
1.1
2
1
0
50X200

Multi-family For Sale

3468 BOWEN AVE, Memphis, Tennessee 38122

0 Bedrooms
0 Bathrooms
0 Sqft
$199,900
Listing ID #10224308
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 10224308
Price : $199,900
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1925
Lot Area : 0 Acre
Status : Active
Days On Market : 4
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