3468 Bowen Ave

Memphis TN 38122

1296 sq. ft.

Other

Currently for sale - view listing

Overview

Multi-family 4-unit value-add asset located at 3468 Bowen Ave, Memphis, TN 38122. Property consists of a 2/1 unit (vacant), two 1/1 ADUs (occupied at $650 + $150 utilities each), and a studio unit nearly rehabbed. Units 3 and 4 are in the final stages of renovation. Overall condition is medium rehab, livable, with flooring and countertops needing replacement, siding requiring work, and the structure and electrical in good condition. Roof has ~7 years remaining, furnace age unknown. Occupancy includes month-to-month and vacant options allowing flexible leasing. Estimated ARV is $285,000, supported by renovated comps at 4113 Faxon Ave, 4028 Faxon Ave, and 3968 Tutwiler.

Features

4 bedrooms

1296 sq. ft. floor area

Other

Property history for 3468 Bowen Ave

2023

Sold

$268,000

29 Mar 2023 by Randall Weatherall, of Memphis Metro Realty

2021

Sold

$200,000

06 Oct 2021 by James Anson Underwood, of Crye-Leike, Inc., REALTORS

2021

Sold

$70,000

09 Apr 2021 by Beth Glosson, of Fast Track Realty

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Local market activity for 4 bedroom other properties in Memphis

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jonathan Nunez

at Fast Track Realty, LLC

View listing

Sales:: (619) 566-0008

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