3468 Bowen Ave

Memphis, TN 38122 View Map $318,900 Schedule a Tour
On Site51 days
Year1925
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Status: Active
Property Type:Other (See Remarks)
MLS #:10159228
On Site:51 Days
County:Shelby
2 occupied and 2 are rent-ready - this are is going up in value and popularity! Just N of Summer Ave, off of Highland is this 4-unit set, all on one lot - perfect for investors. Unit Comp: Duplex - 1 x 2/1, 1 x 1/1 ADU1 - 1 x 1/1 ADU2 - 1 x Studio 2/1 Three of the units have been updated and the buildings look great! 2/4 are occupied now. Current rents are: U3: $685+$123 utilities | U4: $575+$100 utilities No assignable/wholesaler offers. Two units avail to show.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:3468 Bowen Ave, Memphis, TN 38122
Area:751B
County:Shelby
City:Memphis
Zip Code:38122

Architecture

Year Built:1925
Stories:1.1
Construction: Wood/Composition, Aluminum/Steel Siding, Vinyl Siding
Roof: Composition
Foundation: Slab, Conventional/Crawl Space
Parking: Concrete

Features / Amenities

Floors / Ceilings: Tile, Vinyl Floor
Laundry: Common Laundry
Miscellaneous Exterior: Sidewalks
Heating: Central, Gas
Cooling: Central, 1 Window Unit per Unit, 2+ Window Units per Unit
Hot Water: Gas, Public Water, Public Sewer

Property Features

Lot Dimensions:50X200
Lot #: W PT 13
Directions:Travelling W on Summer Ave, take a right onto N Highland St, then a left onto Bowen Ave. The units will be on your right.

Tax and Financial Info

Annual City Tax: $609
Annual County Tax: $765
Actual Annual Rent: $15,120
Annual Misc Income: $5,400
Gross Potential Annual Rent: $37,000
Tenant Pays: Other (Call LA)
Operating Expense Include: Management, Insurance, Some Utilities

Schools

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3468 Bowen Ave Memphis,  TN 38122
GO SEE THIS LISTING
3468 Bowen Ave Memphis, TN 38122
 
ASAP
Fri
31
May
Sat
1
Jun
Sun
2
Jun
Mon
3
Jun
Tue
4
Jun
Wed
5
Jun
Thu
6
Jun
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 5/30/2024
Listing provided courtesy of Memphis Metro Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Heights Realty Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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