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279 West Person Avenue

Memphis TN 38109

4
1512 sq. ft.
Duplex
Currently for sale - view listing

Overview

Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185 per month once fully occupied. This investment offers excellent cash flow and strong upside in an area with steady rental demand.

Features

4 bedrooms
1512 sq. ft. floor area
Duplex

Happy sellers in Memphis

100%
100% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Memphis over the last 12 months.

Local market activity for 4 bedroom duplexes in Memphis

In the last 12 months, 5 four-bedroom duplexes similar to 279 West Person Avenue, have been sold.

This represents a 400% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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