About This Home
This 5-bedroom, 3-bathroom single family at 961 MEDA St in Memphis, TN is listed for $370,000 ($139 per sqft). Built in 1920, the home offers 2,665 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1920
- 0.13 acre lot
- 2 stories
Property Details
Amenities
Rare opportunity to purchase a partially renovated home in the highly sought-after Cooper-Young neighborhood and finish it to your own vision. This spacious 5-bedroom, 3-bath home with an office has already undergone extensive improvements, including all new electrical and plumbing, a completely redesigned open-concept floor plan, a newly created p
rimary suite, fresh interior and exterior paint, all new windows, replacement of all rotten exterior wood, a brand-new privacy fence, and a large rear deck. Landscaping has also been started. The heavy lifting has been completed, leaving approximately $40,000 in finishing work for the next owner.
With a projected ARV of approximately $470,000, this property presents an outstanding opportunity for investors or buyers looking to build instant equity in one of Memphis' most desirable historic neighborhoods. Property is being sold as-is.
Monthly Cost Estimate
$1,979/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
961 MEDA St
Memphis, TN 38104
MT ARLINGTON S/D BLK K
Features & Amenities
Exterior Features
Property Details
Pool Features
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom single family at 961 MEDA St is listed at $370,000 ($139/sqft). The estimated monthly payment is $1,979 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.13 acre lot, 2 stories. Exterior Features: Deck, Wood Fence.
This property is listed by Loren Huie and can be reached at 9018492543.
