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30111958
30111977

1220 Snowden Ave, Memphis, TN 38107

JR
TN 375004, MS S-59565
eXp Realty, LLC
Listed by eXp Realty, LLC
$218,000
90 days on market
Updated 19 days ago
Opportunity zone

Memphis Historical District Duplex

Details
APN 021-093- - -00020
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,572
Units 2
Pro-Forma Cap Rate 14.54%
Pro-Forma NOI $31,703
Price per SqFt $139
Class C
Year Built 1912
Acreage 0.170
Zoning Duplex
Parking Spaces per unit
Investment Type Stabilized
Ground Lease No

Multifamily | 2 Units | $109,000/unit | 662-642-1458!

Marketing description

Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century architectural charm, the home showcases the timeless appeal of Memphis’ historic bungalow design while offering flexible investment possibilities. Positioned near local amenities, restaurants, & major employment centers, this property is ideal for investors looking to capitalize on Memphis’ strong rental demand. Whether you continue operating it as a short-term rental or convert to a long-term strategy, opportunities to own a fully furnished duplex in Speedway Terrace are rare. Don’t miss the chance to secure an income-producing historic property in one of Memphis’ most distinctive neighborhoods.

Investment highlights

Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century architectural charm, the home showcases the timeless appeal of Memphis’ historic bungalow design while offering flexible investment possibilities. Positioned near local amenities, restaurants, & major employment centers, this property is ideal for investors looking to capitalize on Memphis’ strong rental demand. Whether you continue operating it as a short-term rental or convert to a long-term strategy, opportunities to own a fully furnished duplex in Speedway Terrace are rare. Don’t miss the chance to secure an income-producing historic property in one of Memphis’ most distinctive neighborhoods.

Listing Contacts

JR
TN 375004, MS S-59565
eXp Realty, LLC
Listed by eXp Realty, LLC

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Additional Information

Name
Jordan Ray
License
375004
Brokerage
eXp Realty, LLC
Brokerage Phone
9015050756
Title
Realtor
Brokerage Address
8059 Stage Hills Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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