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$309,900
Est. payment /mo
2,309 SqFt
New
2380 PARKWAY PL Memphis, TN 38112
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,309 sqft
Price per Sqft $134
Subdivision Parkway Pl Blk 1
MLS Listing ID 10231237
Year Built 1925
Annual Tax Amount $5,502
Property Sub-Type Triplex
Property Description
Rare Midtown wealth-building opportunity! Vacant and easy to show. This 1925 brick Craftsman in the heart of Midtown has been converted into a proven triplex: a spacious 2BR/1BA plus two efficiency units, each with its own kitchen and bathroom, and large flex room with hardwood floors. Main unit has original hardwoods, a fireplace framed by built-in bookcases, French doors, a dining room, breakfast room, an updated kitchen with gas range, two spacious bedrooms and a classic tiled bath. Character runs throughout, from the deep covered front porch to the rear deck. Owner-occupants may qualify for low-down-payment financing while rental income offsets the mortgage, building equity from day one. Multi-family ownership offers diversified income, tax advantages, and long-term appreciation, and one vacancy never means zero income. Minutes to Overton Park, the Memphis Zoo, Broad Avenue Arts District, Overton Square, and Crosstown Concourse, with quick access to Sam Cooper Blvd.
Location
State TN
County Shelby
Area Overton Park
Interior
Heating Other (See Remarks)
Cooling 1 Window Unit per Unit
Flooring 9 Ft or More, Hardwood Throughout, Tile
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry Common Laundry
Exterior
Parking Features Concrete
Roof Type Composition
Building
Story 1.5
Foundation Full Basement
Water Public Sewer, Public Water
Others
Miscellaneous Curbs/Gutters,Sidewalks,Some Landscaping,Partically Fenced
Listed by Alyssa Ivey • eXp Realty
NEARBY SCHOOL & BUSINESS
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