(Memphis, TN) 🚀Incredible Property for a Flip or New Construction in Memphis 💸

Shelby County, Memphis, TN, 38128
Sold
Listed at: July 23rd, 2024
Price
$80,000
ARV
$345,000
Gross Margin
$265,000
Sq. Footage
2306
Type
Single-Family
Parking
Detached Garage
Year build
1940
Lot size
1.78 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

HOT INVESMENT OPPORTUNITY 

Attention Investors! 🚀

We have an incredible opportunity for you in Memphis, TN. This single-family home is perfect for your next fix and flip or rental project. NEW CONSTRUCTIOIN ARE SELLING FOR $345K IN THE AREA.

Property Details:

  • Location: 3942 James Rd, Memphis, TN 38128
  • Bedrooms/Bathrooms: 4/3 
  • Square Feet: 2,306 Sqft
  • Lot Size: 1.78 Acres
  • Year Built: 1940

Price: $80,000

Flip ARV: $275,000

New Construction ARV: $345,000

Highlights:

  • Prime location with strong NEW CONSTRUCTION DEMAND.
  • Potential for great ROI.

COMPARABLES:
SOLD for $280k  - 3049 Homewood Dr, Memphis, TN 38128 (Smaller lot size)
SOLD for $243k - 3452 Woodwind Ave, Memphis, TN 38128 (Smaller Lot, and Sold As is)

Contact Our Dispo for Offers!
Jefferson Jimenez 813-734-7440

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jefferson Jimenez

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Disposition manager