3113 Yale Ave, Memphis, TN 38112

$165,000
2
BD
1
BA

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List Price
$165,000
MLS#
10231851
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X162
Status
ACTIVE

Property Description

Turnkey investment opportunity in the Binghampton area! This 2-unit duplex offers a total of 4 bedrooms and 2 baths with both units currently occupied and producing $1,650/month in gross rental income. Unit 3113 is leased month-to-month at $850/month, while Unit 3115 is leased through May 2027 at $800/month. The property features updated interiors, durable flooring, refreshed kitchens, central heating and cooling, and a functional layout in each unit. Conveniently located near Sam Cooper Blvd, Tillman, Broad Avenue, and growing neighborhood redevelopment. An excellent option for investors seeking immediate income with an established rental history. Tenant occupied—please do not disturb. Ledger available upon request.

Additional Information

Annual City Tax
1328
Annual County Tax
1384
Cooling
Central Cooling
Heating
Central
Hot Water
Gas
Legal Subdivision
Amalia
Lot
7
Lot Description
Level
Lot Size
50X162
New Financing
Conventional, FHA, VA
Parking
Driveway/Pad
Stories
1
Style
Ranch
Subdivision
AMALIA
Subtype
Built as Duplex
Year Built
1960

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Calculator source: Real Geeks

Listing courtesy of BHHS McLemore & Co. Realty.

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