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Street View
$198,900
Monthly Est:$990
-- Bed
-- Bath
1,296sqft
3468 Bowen Ave, Memphis, TN 38122
$198,900
$990/moEst:
Get Pre-Approved
Multi Family
Built in 1925
$-- HOA
-- sqft lot
$153/sq.ft
Description
ALL 4 units rented! Total monthly income right now is $3200! The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed prior to lease. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone! Owner pays utilities; rents include utilities payments by tenants. Do not disturb tenants.
- Houzeo last checked: 6 minutes ago
- Listing updated: September 27, 2026 at 1:45 pm
- Listing Provided by: Randall Weatherall (731) 487-5843 | Memphis Metro Realty (901) 352-6200
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10224308
Property Details
Status
Active
Type
Multi Family
No. of Stories
1.1
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
1,296 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10224308
MLS Status
Active
Days on Market
135
Cumulative Days on Market
101
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Other (see Remarks)
Cooling
1 Window Unit Per Unit, 2+ Window Units Per Unit, Central
Flooring
Tile, Vinyl Floor, Wood Laminate Floors
Construction
Year Built
Year Built: 1925
Home type
Multi Family
Foundation Details
Conventional/crawl Space
Roof
Shingle/shake
Construction Materials
Wood/composition
Utilities & Energy
Laundry Features
Common Laundry
Parking Features
Asphalt/blacktop, Offsite/street
Other Features
Subdivision Name
Highland Heights Blk 14
Tenant Pays
Some Utilities
Price History
| Date | Event | Price |
|---|---|---|
09/27/2026 Source: | Listed for Sale | $198,900 -4.33% $153/sqft |
03/03/2026 Source: | Off Market | $207,900 -22.43% $160/sqft |
03/30/2023 Source: | Price Increased | $268,000 +282.86% $207/sqft |
04/20/2021 Source: | Price Increased | $70,000 +0.72% $54/sqft |
04/20/2021 Source: | Sold | $69,500 $54/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 Oct 31, 2026, 09:00PM. 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
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