4487 Sumners Wells Rd
Memphis, TN 38118
- 2 beds
- 1 bath
- – sqft
- 1974 build
- – on site
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This property is currently under contract. This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. The duplex was fixed up a few years ago, with a newer roof and should have newer mechanicals. The other side is on the market now for a tenant. Both units should rent in the $900, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Last checked:
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Last updated Dec 18, 2024
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MLS# 10182588 —
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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Foundation:Slab
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Exterior/Windows:Brick Veneer
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Miscellaneous Exterior:Separate Meters
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Approx SqFt Entire Duplex:1600-1799
Interior
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Floor/Ceilings:Wood Laminate Floors, Tile, Smooth Ceiling
Financial & Terms
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New Financing:Conventional
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Terms:Conventional
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Warranty/Poss Addendums:Possession at Closing, Tenants Rights
Location
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Map Coordinate:B
The Property
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Area:773B
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Lot #:159
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Lot Size:60 Sqft
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Lot Description:Level
Listing Agent
- Contact info:
- Agent phone:
- (731) 487-5843
- Office phone:
- (901) 352-6200
Heating & Cooling
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Heating:Central
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Cooling:Central Cooling
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SqFt Heated Area-Unit 1:0-999
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SqFt Heated Area-Unit 2:0-999
Utilities
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Hot Water:Gas, Individual System
Parking
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Parking:Driveway/Pad
Extra Units
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Unit 1:Step-Saver Kitchen
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Unit 2:Step-Saver Kitchen
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Unit 2 Living Room Dimensions:16 Sqft
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Unit 2 Dining Room Dimensions:8 Sqft
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Unit 2 Den/GR Dimensions:0 Sqft
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Unit 2 Bedroom 2 Dimensions:11 Sqft
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Unit 2 Bedrooms:2
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Unit 2 Master Dimensions:11 Sqft
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Unit 2 Total Baths:1
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Unit 2 Full Baths:1
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 |
|---|---|---|---|---|
|
11/20/24
Nov 20, 2024
|
Sold | MAARMLS | $137,000 | -8.6% |
|
10/4/24
Oct 4, 2024
|
Listed / Active | MAARMLS | $149,900 |
