$345,000
 $1,852 est/mo Sourced by Back At You

1517 Court Ave,Memphis, TN 38104

Memphis, TN 38104

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Description

Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new appliances, updated kitchen, new flooring, fresh paint, and updated bath; upstairs unit received fresh paint, new dishwasher, energy-efficient windows, and updated bath. All owner-owned appliances (refrigerator, range/oven, dishwasher, washer, dryer, vent hood) convey. Fenced yard, driveway parking, walkable location near Midtown. Currently producing $2,900/month combined rental income with active leases in place. Annual termite treatment maintained. Listing agent must accompany all showings; tenant-occupied, advance notice required, mornings preferred.

Details

MLS #10228595
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1910
Days On Site15
Listing Provided ByReal Estate Agency | Erica Martin

Features

Story(s)2
Property ViewLevel, Some Trees

Interior

CoolingCentral Cooling
HeatingCentral
Appliances Or EquipmentDishwasher, Range/Oven (Freestanding), Refrigerator

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:
$345,000
low | high
Med:
$0
On site:
15
low | high
Med:
Sourced by Back At You

Market Activity 38104

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Additional Information


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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:
$345,000
low | high
Med:
$0
On site:
15
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $258K - $431K
sqft: 0 - 0
Listing Updated: August 26, 2026 at 5:12:23 PM PDT