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$ 264,900
Est. payment /mo
New
743 SHOTWELL ST Memphis, TN 38111
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Converted House
Listing Status Active
Purchase Type For Sale
Subdivision Elm Cove
MLS Listing ID 10232825
Year Built 1945
Annual Tax Amount $6,348
Property Sub-Type Converted House
Property 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, décor and accessories not included. DO NOT DISTURB TENANTS.
Location
State TN
County Shelby
Area Getwell/Park
Interior
Heating Central
Cooling Central
Flooring Hardwood Throughout
Laundry Connections
Exterior
Parking Features Concrete
Roof Type Composition
Building
Story 1
Foundation Conventional/Crawl Space
Water Electrical
Listed by Michelle T Amen • Reed & Associates of Tenn, LLC