This fully occupied duplex-style property features two separate rental units with strong rental history and reliable cash flow ($3,900/mo!). The main unit is a spacious 2-story, 4 bed / 3 bath home currently leased at $2,600/month. The detached carriage house offers a 1 bed / 1 bath layout with separate living and dining areas, plus a dedicated laundry room, currently leased at $1,300/month. Recent updates include a new HVAC system under maintenance contract, a 3-year-old water heater, private gated parking, and a 10-year-old roof. Located just minutes from Overton Park, this turnkey property has enjoyed 100% occupancy for years—ideal for investors seeking steady rental income in a desirable location.
For sale
$499,900
75 N Auburndale St, Memphis, TN 38104
5beds
2,901sqft
Est.:
Duplex
Built in 1914
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Detached carriage housePrivate gated parkingDedicated laundry room
- 113 days |
- 162 |
- 6 |
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