Memphis, TN 38118,4487 SUMNERS WELLS RD

$137,000

Est. payment /mo

$149,900

8.6%
Est.Price: ?

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4487 SUMNERS WELLS RD Memphis, TN 38118

4 Beds

2 Baths

1,799 SqFt

SOLD DATE : 11/20/2024

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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Listed by Randall C Weatherall • Memphis Metro Realty
Bought with Dean Harris • CrestCore Realty MphsBrokerage

Stephen James

Agent | License ID: MS# 52033 TN# 336698

+1(662) 689-1299

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