27
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$499,900
Est. payment /mo
5 Beds
4 Baths
Active
75 N AUBURNDALE ST N Memphis, TN 38104
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Key Details
Property Type Multi-Family
Sub Type Other (See REMARKS)
Listing Status Active
Purchase Type For Sale
Subdivision Riddick
MLS Listing ID 10203308
Style Traditional
Bedrooms 5
Full Baths 4
Year Built 1914
Annual Tax Amount $4,286
Property Sub-Type Other (See REMARKS)
Property Description
This fully occupied duplex-style property features two separate rental units with strong rental history and reliable cash flow ($3,900/mo!). The main unit is a spacious 2-story, 4 bed / 3 bath home currently leased at $2,600/month. The detached carriage house offers a 1 bed / 1 bath layout with separate living and dining areas, plus a dedicated laundry room, currently leased at $1,300/month. Recent updates include a new HVAC system under maintenance contract, a 3-year-old water heater, private gated parking, and a 10-year-old roof. Located just minutes from Overton Park, this turnkey property has enjoyed 100% occupancy for years—ideal for investors seeking steady rental income in a desirable location.
Location
State TN
County Shelby
Area Central Gardens
Rooms
Dining Room 0x0
Interior
Heating Central
Cooling Central Cooling
Flooring Wood Laminate Floors
Exterior
Exterior Feature Wood/Composition
Parking Features Driveway/Pad
Garage Spaces 1.0
Pool None
Building
Lot Description Some Trees
Story 2
Water Gas
Listed by Adam M Thornton • Marathon REALTORS, LLC
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