$299,499
 $1,608 est/mo Sourced by Back At You

1517 Court Ave,Memphis, TN 38104

Memphis, TN 38104

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Description

PRICED BELOW MARKET!! Rare Multifamily Investment Opportunity!! Priced to sell! Fully leased Midtown duplex in Central Gardens generating $2,900/month in combined rent, with tenants in place through spring 2027. Skip the vacancy and renovation headaches: the downstairs unit is freshly renovated with all-new appliances, an updated kitchen and bath, new flooring, and fresh paint, while the upstairs features an updated bath, new dishwasher, energy-efficient windows, and fresh paint. Two 3BR/1BA units, approx. 2,588 SF, built in 1910, each with combined living/dining and a separate kitchen. Owner-owned appliances, including washer and dryer, convey. Fenced yard, driveway parking, and annual termite treatment in place. A walkable, high-demand rental location. Investment opportunities like this move fast.

Details

MLS #10228595
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1910
Days On Site53
Listing Provided ByReal Estate Agency | Erica Martin

Features

Story(s)2
Property ViewLevel, Some Trees

Interior

CoolingCentral Cooling
HeatingCentral
Appliances Or EquipmentRefrigerator, Range/Oven (Freestanding), Dishwasher

Exterior

RoofComposition Shingles
FoundationPartial Basement
Lot DescriptionLevel, Some Trees

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameCOURTLAND PLACE
Listing VS Median (in COURTLAND PLACE)
Price:
$299,499
low | high
Med:
$0
On site:
53
low | high
Med:
Sourced by Back At You

Market Activity 38104

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38104
AreaCentral Gardens
Subarea746B
Community NameCOURTLAND PLACE
Listing VS Median (in COURTLAND PLACE)
Price:
$299,499
low | high
Med:
$0
On site:
53
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $224K - $374K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1531 COURT AVE Property Photo 1
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1482 COURT AVE Property Photo 1
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1482 Court Ave
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1556 COURT AVE Property Photo 1
$334,900
1556 Court Ave
Memphis, TN 38104
Listing Updated: October 5, 2026 at 2:19:16 PM PDT