2908 ELBERT DR Memphis, TN $ 140,000
2908 ELBERT DR
$ 140,000
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2908 ELBERT DR

Memphis, TN, 38127
$ 140,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 930

2908 ELBERT DR, Memphis, TN 38127 - Image 1

Multi-Family Home for sale in Memphis, TN

for $140,000 with 4 bedrooms and 2 full baths. This home was built in 1973.

Amazing investment opportunity. This property offers two units, each featuring a 2 bedroom, 1 bathroom layout. Rent ready! Both sides have been updated with new flooring, fresh paint, and numerous enhancements to cater to modern living standards. Currently vacant, this duplex presents a compelling cash flow potential with market rents at $850 per side, totaling $1,700 per month. Don't miss out on this great opportunity!

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Multi-Family Pending

Price

$ 140,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 704

Style

Traditional

Year Built

1973

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10171023

Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Pending Pending
Parking Driveway/Pad
Legal Subdivision Name SCHOOLFIELD-ST ELMO
Style Traditional
Stories 1
Class Duplexes
Type Other (See REMARKS)
Area 725F Frayser - North
Year Built 1973
City Memphis
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Exterior
Pool None
Lot Size 112X137
Lot Description Some Trees
Misc. Exterior Porch
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
The Stamps Real Estate Company

Broker

Affordability Calculator

$989
Per Month
94%
6%
0%
Monthly Principal & Interest
$930
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$140,000 Listed Price

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2908 ELBERT DR, Memphis, TN, 38127 is a Multi-Family Home for sale at $140,000. 2908 ELBERT DR has 4 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 38127 which is in Memphis, TN