4481-4483 Sumners Wells Rd Memphis, TN 38118

PRICED AT $130,000

Listing Details

  • $130,000
  • MLS# 10225448
  • Type Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • 2 Bathrooms
  • 1974 Year Built

Description

Duplex with immediate, in-place income ? both 2 bed / 1 bath units are currently leased, one at $800/month through 02/02/2027 and the other at $700/month through 02/10/2028, for $1,500 in combined monthly rent from day one. Totaling 4 bedrooms, 2 bathrooms, and approximately 1,634 square feet, each side offers a kitchen with shaker cabinetry and tile backsplash, separate living and dining rooms, and LVP flooring. Located in Southeast Memphis near major distribution employers including an Amazon fulfillment center and Nike, and minutes from Memphis International Airport, the area sees steady rental demand. A solid addition for an investor...read more

Features

  • Central Cooling
  • Central
  • 1.0 Story
  • Built in 1974
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Cooling
  • Exterior/ Windows: Brick Veneer
  • Floors/ Ceilings: Vinyl Floor
  • Heating: Central
  • Lot Description: Level
  • Parking: Driveway/Pad
  • Stories: 1.0
  • Year Built: 1974