✨2/2 Duplex in 38115✨

Shelby County, Memphis, TN, 38115
Sold
Listed at: March 3rd, 2023
Price
$95,000
ARV
$142,000
Gross Margin
$47,000
Sq. Footage
1558
Type
Attached
Parking
Carport
Year build
1985
Lot size
0.09 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

This 2/2 in 38115 currently has a Section 8 tenant paying under market at $815/month and lease ends 6/30/23. Needs new roof and some siding work. Inside is in pretty good shape. Would need paint and some minor cosmetic updates. Has newer HVAC. Overall, the house is clean and in good condition!


2 bed/2 bath

1558 sq ft

Built in 1985

 

Link to pictures: https://drive.google.com/drive/folders/1ET6-PBFKhAAN4Eeyw-p3GQelEamuRFIx

 

Estimated Rehab: $25,000

ARV: $142,000

Market Rent: $1,095/month

Current Rent: $815/month

Asking Price: $95,000

 

COMPS:

6518 Lancer Dr, 38115 - SOLD $148,000

6528 Whitetail Ln, 38115 - SOLD $142,500

6532 Hart Cv, 38115 - SOLD $125,000

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

Jamison Hendricks

No reviews

Disposition manager