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- Description
- Property Details
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- Facts & Features
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$350,000
Monthly Est:$1,742
-- Bed
-- Bath
2,580sqft
1531 Court Ave, Memphis, TN 38104
$350,000
$1,742/moEst:
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Triplex
Built in 1910
$-- HOA
-- sqft lot
$136/sq.ft
Description
Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don’t come around often—don’t miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today! Furniture WILL NOT convey with the sale.
- Houzeo last checked: 1 hour ago
- Listing updated: October 14, 2026 at 5:11 pm
- Listing Provided by: Jordan Ray (901) 325-1164 | eXp Realty, LLC (901) 505-0756
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10215994
Property Details
Status
Active
Type
Multi Family
No. of Stories
2.5
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
2,580 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10215994
MLS Status
Active
Days on Market
240
Cumulative Days on Market
223
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
2+ Window Units Per Unit, Central
Heating
Central
Flooring
Dry Wall, Hardwood Throughout, Tile, Vinyl Floor
Appliances
Refrigerator, Range/oven (freestanding), Cooktop/wall Oven, Disposal, Exhaust Fan/vent Hood, Microwave, Smoke Detector(s)
Construction
Year Built
Year Built: 1910
Home type
Triplex
Roof
Composition, Pitched
Foundation Details
Conventional/crawl Space, Partial Basement
Construction Materials
Vinyl Siding
Utilities & Energy
Parking Features
Gravel
Laundry Features
Washer In Unit
Association Amenities
Balcony/patio, Wallpaper, Drapes/curtains, Maid Service
Other Features
Tenant Pays
Other (call La), Security Deposit
Subdivision Name
Courtland Place
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Price Decreased | $350,000 -5.41% $136/sqft |
06/05/2026 Source: #10215994 | Price Decreased | $370,000 -0.80% $143/sqft |
04/19/2026 Source: | Listed for Sale | $373,000 +8.12% $145/sqft |
08/16/2023 Source: | Price Increased | $345,000 +115.56% $134/sqft |
08/13/2020 Source: | Sold | $160,050 $62/sqft |
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 01, 2026, 04:45AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
