$363,000
 $1,949 est/mo Sourced by Back At You

1531 Court Ave,Memphis, TN 38104

Memphis, TN 38104

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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.

Details

MLS #10215994
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site179
Listing Provided ByeXp Realty, LLC | Jordan Ray

Features

Story(s)2
Units3
Building(s)1

Interior

Appliances Or EquipmentRefrigerator, Range/Oven (Freestanding), Cooktop/Wall Oven, Disposal, Exhaust Fan/Vent Hood, Microwave, Smoke Detector(s)

Exterior

RoofComposition, Pitched
ConstructionVinyl Siding
FoundationConventional/Crawl Space, Partial Basement

Parking

Parking FacilityGravel

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameCOURTLAND PLACE
Listing VS Median (in COURTLAND PLACE)
Price:
$363,000
low | high
Med:
$0
On site:
179
low | high
Med:
Sourced by Back At You

Market Activity 38104

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Additional Information


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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameCOURTLAND PLACE
Listing VS Median (in COURTLAND PLACE)
Price:
$363,000
low | high
Med:
$0
On site:
179
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $272K - $453K
sqft: 0 - 0
Listing Updated: August 29, 2026 at 4:11:52 PM PDT