Discover a proven cash-flowing triplex at 2369 Lamar Ave, featuring three 1-bed, 1-bath units with past rents of $500, $550, and $600. This property has been one of the seller’s consistent cash cows, delivering steady returns in a high-demand rental corridor. With strong rental history, simple upkeep, and solid tenant appeal, this is the perfect addition to any buy-and-hold portfolio. Serious inquiries only. Proof of funds required for showings.
For sale
$180,000
2369 Lamar Ave, Memphis, TN 38114
--beds
--baths
2,225sqft
Est.:
Multi Family
Built in 1945
-- sqft lot
$176,200 Zestimate®
$81/sqft
$-- HOA
What's special
- 7 days |
- 53 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 02:02pm
Listed by:
Jessica R Wright,
Key Connect Group, LLC 901-340-9178
Source: MAAR,MLS#: 10210695
Tour with a local agent
Facts & features
Interior
Heating
- Other (See Remarks)
Cooling
- 1 Window Unit per Unit
Appliances
- Laundry: None
Features
- Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Basement: Other (See Remarks)
Interior area
- Total interior livable area: 2,225 sqft
Property
Parking
- Parking features: Gravel
Features
- Stories: 1.5
Lot
- Size: 10,700 Square Feet
- Dimensions: 50 x 214
Details
- Parcel number: 047060 00004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Less Right Of Way -bethel Grove Blk 134
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $68,400
- Annual tax amount: $1,802
- Date on market: 12/2/2025
- Listing terms: Conventional,Private Financing Available
- Inclusions: All Appliances
- Lease term: 12 Months
- Tenant pays: All Utilities
Estimated market value
$176,200
$167,000 - $185,000
$1,366/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Listed for sale | $180,000+2.9%$81/sqft |
Source: | ||
| 10/20/2023 | Listing removed | -- |
Source: | ||
| 8/21/2023 | Price change | $175,000-2.2%$79/sqft |
Source: | ||
| 7/3/2023 | Price change | $178,900-0.6%$80/sqft |
Source: | ||
| 5/28/2023 | Listed for sale | $179,900+99.9%$81/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,802 +8.1% | $27,360 |
| 2023 | $1,667 | $27,360 |
| 2022 | -- | $27,360 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,103/mo
Principal & interest
$909
Property taxes
$131
Home insurance
$63
Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Bethel Grove Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1 mi
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