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About This Home
This 4-bedroom, 2-bathroom residential multi family at 38 N HOLMES St in Memphis, TN is listed for $265,000 ($144 per sqft). Built in 1953, the home offers 1,843 sqft of living space on a N/A lot.
Discover this lucrative cash-flowing duplex in East Memphis, offering a fantastic investment opportunity. Each side features 2 bedrooms and 1 bathroom, with comfortable and large living spaces. The property has been beautifully updated and meticulously maintained, ensuring strong tenant appeal and ease of management.
The roof and HVAC system are approximately 5 years old. New windows throughout! Enjoy the large fenced yard-perfect for outdoor activities or tenant enjoyment. This versatile property has successfully operated as both a regularly booked Airbnb and a long-term rental, demonstrating its flexibility and steady income potential. Don't miss out on this prime East Memphis investment! Financial reports with monthly income flow available upon request.
Key Features
- Built in 1953
Property Details
Monthly Cost Estimate
$1,417/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
38 N HOLMES St
Memphis, TN 38111
POPLAR BLVD TERRACE RE
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 38 N HOLMES St is listed at $265,000 ($144/sqft). The estimated monthly payment is $1,148 based on 20% down at 6.5% interest.
Key features include: Built in 1953.
This property is listed by Stephanie Bennett and can be reached at 9015588502 or sbennett@hobsonrealtors.com.
