3468 BOWEN Ave, Memphis, TN 38122
- Beds
- 4
- Sqft
- 1,296
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Overview
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!
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 1
- Number of bedrooms
- 4
- Square feet
- 1,296
- Lot size (acres)
- 0.23
- Year built
- 1925
Interior features
- Laundry
- Common Area
Exterior features
- Horse amenities
- Stable
Utilities
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $1,790
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Memphis Area Association of Realtors MLS®#: 10224308 Last checked: …

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