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MLS#10209345
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRIVERSIDE
NEIGHBORHOODSouth Memphis-61 Hwy
Property Description
Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185 per month once fully occupied. This investment offers excellent cash flow and strong upside in an area with steady rental demand.
Property Features
Property Type: Multi Unit - Multiple
Roof Type: Shingle/Shake
Stories: 1.0
Year Built: 1913
Feature Descriptions
Units: 3
Listed By / Shown By
Listed By
Agency Name: BEST Real Estate Company
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 375.07 per month $331.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.46 Homeowner's Insurance
279 W Person Ave | MLS# 10209345
This multi-family property located at 279 W Person Ave, Memphis, TN 38109 is currently listed for sale with an asking price of $149,000. Search South Memphis-61 Hwy real estate on www.clcommercialrealestate.com today.