Adrian Mays - KAIZEN Realty Logo
$198,900
 $1,068 est/mo Sourced by Back At You

3468 Bowen Ave,Memphis, TN 38122

Memphis, TN 38122

Share:

PreviousNext

Description

ALL 4 units rented! Total monthly income right now is $3200! The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed prior to lease. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone! Owner pays utilities; rents include utilities payments by tenants. Do not disturb tenants.

Details

MLS #10224308
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site107
Listing Provided ByMemphis Metro Realty | Randall Weatherall

Features

Story(s)1
Units4
Building(s)3
ZoningRU-1

Exterior

RoofShingle/Shake
ConstructionWood/Composition
FoundationConventional/Crawl Space

Parking

Parking FacilityAsphalt/Blacktop, Offsite/Street

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaMidtown | Holmes
Subarea751B
Community NameHIGHLAND HEIGHTS BLK 14
Listing VS Median (in HIGHLAND HEIGHTS BLK 14)
Price:
$198,900
low | high
Med:
$0
On site:
107
low | high
Med:
Sourced by Back At You

Market Activity 38122

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Kaizen Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.

Contact

Learn More About This Property

Adrian Mays

Adrian Mays

KAIZEN Realty

TN Lic# 351946 | MS Lic# S-55680 (901) 412-2449adriancmays@gmail.com
StateTN
CountyShelby
CityMemphis
Zip Code38122
AreaMidtown | Holmes
Subarea751B
Community NameHIGHLAND HEIGHTS BLK 14
Listing VS Median (in HIGHLAND HEIGHTS BLK 14)
Price:
$198,900
low | high
Med:
$0
On site:
107
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $149K - $248K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3437 POWELL AVE Property Photo 1
$229,900
3437 Powell Ave
Memphis, TN 38122
3418 BOWEN AVE Property Photo 1
$155,610
3418 Bowen Ave
Memphis, TN 38122
Listing Updated: September 29, 2026 at 2:50:27 AM PDT

Adrian Mays - KAIZEN Realty