REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 130,100
Est. payment /mo
Pending
508 E DISON AVE Memphis, TN 38106
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Johnsons Longview Heights Blk C
MLS Listing ID 10218600
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1947
Annual Tax Amount $1,480
Property Sub-Type Built as Duplex
Property Description
PRICE JUST DROPPED $10K! INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026). Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates. Professionally managed, maintenance report and tenant ledgers available upon request. No wholesale, creative or seller financing offers. Please do not disturb tenants.
Location
State TN
County Shelby
Area South Memphis/61 Hwy
Rooms
Dining Room 10x10
Interior
Heating Central
Cooling Central Cooling
Flooring Part Carpet
Exterior
Exterior Feature Other (See Remarks)
Parking Features Driveway/Pad
Pool None
Building
Lot Description Level
Story 1
Water Gas
Listed by Jeremy R Veldman • KAIZEN Realty, LLC