$32,000 · MEMPHIS, TN 38122
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Available

$32,000Asking price

4 bd · 2 ba · 1,484 sq ft · built 1964

MEMPHIS, TN 38122

No contract on file

Price Drop

via InvestorLift Classic

2 views · listed Oct 21

These numbers look wrong

No verdict until the price, the value and the repairs add up

The Numbers

Listed priceFar under the value. It may be an entry fee, not the price.: $32,000
Listed ARVFrom the listing: $1,500,000
Our repair estimateFor this home’s size, ZIP and condition: $0 – $14,000

No profit or return is shown until these add up.

NATIONAL PROPERTY SUPERSTORE

Alex Daily

No reviews yet

Comps

Sales

Rents

ARV $1,500,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $89,000.

The sales behind this value are shown to members.

ARV $1,500,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NATIONAL PROPERTY SUPERSTORE

Alex Daily

No reviews yet

Seller Description

6 Units Total | All Units Are 2BR/1BA

Three off-market duplexes available together:

Vernon Ave, Memphis, TN 38122 – Both units occupied, generating $1,530/month in collected rent.

Hyde Park Blvd, Memphis, TN 38108 – Fully renovated, rent-ready, and vacant.

Marjorie St, Memphis, TN 38106 – Fully renovated, rent-ready, and vacant.

Investment Highlights:

Combined appraised value: $508,000

Appraisals in hand

$32,000 total entry fee for all three duplexes

Cash flow from the two occupied units from day one

Additional income potential by leasing the four vacant, renovated units

A great opportunity to acquire three off-market duplexes through a subject-to structure, with existing rental income and significant lease-up potential.

For More Information / To Lock It Up:

Contact Alex: 602-505-5874