3585/3587 Fox Meadows Rd
Memphis, TN 38115
- 3 beds
- 2 baths
- – sqft
- 1970 build
- – on site
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Introducing a remarkable investment opportunity in Memphis TN! This duplex features 6 beds & 4 baths. Priced competitively, this property boasts a gross rental income of $2,195. The right side is rented for $1395/month until 7/31/2026 & the left side is month to month at $800/month! This excellent duplex is poised for cashflow! With the potential to increase the rent on the left side to match the right, this property already exceeds the 1% rule even before reaching $2790 in potential gross rent!
Last checked:
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Last updated Oct 30, 2024
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MLS# 10176769 —
The Building
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Style:Traditional
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Type:Built as Duplex
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Roof:Composition Shingles
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Approx SqFt Entire Duplex:2400-2599
Interior
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Miscellaneous Interior:Pull Down Attic Stairs
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Floor/Ceilings:Part Hardwood, Tile, Textured Ceiling
Financial & Terms
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New Financing:Conventional, Other (See Remarks)
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Terms:Cash
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Warranty/Poss Addendums:Possession at Closing, Tenants Rights
Location
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Map Coordinate:D
The Property
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Area:784D
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Lot #:196
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Lot Size:105 Sqft
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Lot Description:Some Trees
Listing Agent
- Contact info:
- Agent phone:
- (901) 325-1164
- Office phone:
- (901) 505-0756
Heating & Cooling
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Heating:Central
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Cooling:Central Cooling
Utilities
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Hot Water:Electric
Appliances
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Appliances/Equipment:Range/Oven (Built-In)
Parking
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Type:carport
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Parking:Driveway/Pad
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Parking Display:C2
Extra Units
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Unit 1:Breakfast Bar, Separate Dining Room, Separate Living Room
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Unit 2:Breakfast Bar, Separate Dining Room, Separate Living Room
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Unit 2 Living Room Dimensions:0 Sqft
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Unit 2 Dining Room Dimensions:0 Sqft
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Unit 2 Den/GR Dimensions:0 Sqft
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Unit 2 Bedroom 2 Dimensions:0 Sqft
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Unit 2 Bedrooms:3
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Unit 2 Master Dimensions:0 Sqft
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Unit 2 Bedroom 3 Dimensions:0 Sqft
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Unit 2 Total Baths:2
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Unit 2 Full Baths:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/16/24
Aug 16, 2024
|
Pending | MAARMLS | $195,000 | |
|
8/16/24
Aug 16, 2024
|
Sold | MAARMLS | $195,000 |
