About This Home

This 0-bedroom, 0-bathroom residential multi family at 743 SHOTWELL St in Memphis, TN is listed for $264,900 ($143 per sqft). Built in 1945, the home offers 1,848 sqft of living space on a N/A lot.

Key Features

  • Built in 1945

Property Details

1945
Listing Description

GREAT INVESTMENT OPPORTUNITY NEAR THE UNIVERSITY OF MEMPHIS! Renovated triplex with one 3BR/1BA unit and two efficiency apartments. Extensively updated in 2024 by a licensed general contractor-far beyond cosmetic improvements! Remodeled kitchens feature granite countertops and updated cabinetry; baths are fully renovated.

Major upgrades include plumbing and water lines to the meter, PVC sewer lines, tankless water heaters, electrical panels, outlets, switches and lighting. The 3BR unit has hardwood floors and central HVAC; efficiencies feature mini-splits and updated flooring.

Fresh interior/exterior paint, W/D hookups in all units, mature trees and fenced yard. Two units leased for immediate income; vacant 3BR offers additional rental potential. Convenient to U of M, shopping and dining. Some photos virtually staged for illustration only; furniture, decor and accessories not included. DO NOT DISTURB TENANTS.

Monthly Cost Estimate

$1,417/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77

Estimates only. Actual payments may vary.

Location

743 SHOTWELL St

Memphis, TN 38111

ELM COVE

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 743 SHOTWELL St is listed at $264,900 ($143/sqft). The estimated monthly payment is $1,416 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945.

This property is listed by Michelle Amen.

MA

Michelle Amen

Agent at Reed & Associates Of TN, LLC

Listed by Reed & Associates Of TN, LLC · Broker phone: (901) 758-1133 · View on Broker Site · Broker website

MLS# 10232825· Source: Memphis Area Association of Realtors®· 9 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

743 SHOTWELL St, Memphis, TN 38111

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