Do Real Estate on the Go!
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Do Real Estate on the Go!
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$365,000
2 Beds
- 1 Bath
1 full bath
1,725sqft
155 N Merton St, Memphis, TN 38112
$365,000
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Duplex
Built in 1947
$-- HOA
-- sqft lot
$212/sq.ft
Description
Investor-ready duplex with built-in cash flow and strong upside! This well-maintained property features two 2-bed, 1-bath units. One unit is currently occupied by a reliable long-term Section 8 tenant paying $1,438/mo in guaranteed rent, providing immediate, stable income. The second unit is vacant and ready for your next tenant, offering the opportunity to lease at market rates or complete value-add improvements to increase returns. Located in a high-demand rental area, this duplex combines solid existing cash flow with excellent future potential. Ideal for both seasoned investors and those growing their portfolio, this property offers multiple paths for added value, le...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
1,725 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10210213
MLS Status
Pending
Days on Market
30
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