Address
1312 FAXON AVE Memphis, TN
Price
$ 435,000
Property Attributes
  • MLS#10108845
  • TypePending
  • CountySHELBY
  • CityMemphis
  • AreaOverton Park
  • NeighborhoodSPEEDWAY TERRACE BLK B
  • Zip38104
  • Style
  • Year Built1947
  • Taxes$ 2513
  • Price$ 435,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
Listing Provided Courtesy Of:
Keller Williams
Data Source:
Memphis MLS (MAAR) - 87 - TN
Property Description

Calling all investors, welcome to Crosstown! This recently renovated and stabilized 8-UNIT property is the perfect addition to your portfolio. The location couldn't be better as it is walking distance to Crosstown Concourse and sandwiched between two of the best neighborhoods in Midtown, Evergreen and Vollintine-Evergreen. This area is well-positioned for long-term job growth and will always have a solid workforce tenant base. Leases and inspections available after a contract is accepted.

Price History
9/17/2021 Listed $435,000

General Features

Area 744C
City Memphis
Class Multi-Family
Construction Other (See Remarks)
Cooling Systems Other (See Remarks)
Heating Systems Individual Systems
Laundry Y/N Dryer in Unit, None, Washer in Unit
Legal Subdivision Name SPEEDWAY TERR BLK B
Listing Area Overton Park
Operating Expenses Insurance, Repairs/Maintenance, Taxes
Roof Other (See REMARKS)
Service Type Full Service Listing
Status Pending
Status Pending
Stories 1
Type Other (See REMARKS)
Year Built 1947

Interior Features

# 1 Bedroom Units 4
# 2 Bedroom Units 3
# Efficiency/studio Units 1
Floors/ceilings Other (See Remarks)
Hot Water Other (See REMARKS)
Total # Of Units 8

Exterior Features

Sale Includes Building and Land
Foundation Other (See Remarks)
Lot Size 40X160
Number of Buildings 4
Parking Facility Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 38104

Price
AVG $470K
$440K
Taxes
AVG $5,331
$2,513
Visits
AVG 35
11
Year Built
AVG 1947
1947
Walkscore
AVG 70
58
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Submit an offer