$137,000
$149,900
8.6%For more information regarding the value of a property, please contact us for a free consultation.
4487 SUMNERS WELLS RD Memphis, TN 38118
4 Beds
2 Baths
1,799 SqFt
Key Details
Sold Price $137,000
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,799 sqft
Price per Sqft $76
Subdivision East Whitehaven Park
MLS Listing ID 10182588
Sold Date 11/20/24
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1974
Annual Tax Amount $1,035
Property Description
This property is currently under contract. This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. The duplex was fixed up a few years ago, with a newer roof and should have newer mechanicals. The other side is on the market now for a tenant. Both units should rent in the $900, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Location
State TN
County Shelby
Area Whitehaven/Tchulahoma
Rooms
Dining Room 8x8
Interior
Heating Central
Cooling Central Cooling
Flooring Smooth Ceiling, Tile, Wood Laminate Floors
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 1
Foundation Slab
Water Gas, Individual System
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Dean Harris • CrestCore Realty MphsBrokerage