Skip To Content

124 W Davant Ave

Memphis, TN 38109
  • $45,000
  • STATUS: Active
  • ON SITE: 185 Days
  • MLS #: 10130172
UPDATED: 70 min ago
$45,000
  • 2
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 100-999
    SQFT
  • $82
    $/SQFT
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

Description

Potential investment property in the South Memphis area. The seller just renovated the interior. The house could easily rent for at least $700/mo. At the current list price the property would generate a cap rate of 18.6% before taxes and maintenance overhead. Before the seller renovated the inside, the former tenants were paying $650/mo.

Monthly Payment Calculator



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-02-04T07:03:32.223.
www.redsearealtyco.com/homes/131517429
Print Image

124 W Davant Ave Memphis, TN 38109

  • Price: $45,000
  • Status: Active
  • On Site: 185 Days
  • Updated: 70 min ago
  • MLS #: 10130172
2
Beds
2
Baths
0
½ Baths
0.11
Acres
100-999
SQFT
$82
$/SQFT
1920
Built
Neighborhood:
New South Memphis (West) Blk 1
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
Potential investment property in the South Memphis area. The seller just renovated the interior. The house could easily rent for at least $700/mo. At the current list price the property would generate a cap rate of 18.6% before taxes and maintenance overhead. Before the seller renovated the inside, the former tenants were paying $650/mo.
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Vinyl Siding Lot Description LevelSome Trees Lot Size 50X95 Misc Exterior Porch Parking And Storage Driveway/Pad Parking Display 0 Pool Description None Style Traditional

Interior Features

Additional Bed Bath Info 2 Full Primary BathsRenovated Bathroom Bedrooms Down 2 Cooling Window Unit(S) Den Great Room Dimensions 0 Dining Room Dimensions 0 Floors And Ceilings Wood Laminate Floors Heating Floor Furnace Living Dining Kitchen Separate Living RoomUpdated/Renovated Kitchen Living Room Dimensions 0 Primary Bedroom Dimensions 0 Rooms 4 Total Baths 2

Property Features

Annual City Tax 129 Annual County Tax 164 Condo No Contingency Type No Contingency Detached Unit Type General Residential Legal Subdivision Name West New South Memphis Blk 1 Lot Number 17&18 Neighborhood Association None Prop Construction Status Existing Property Warranty And Possession Addendums Possession At Closing

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of The Bailey Company Realty, Inc: 901-235-0844.



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-02-04T07:03:32.223.
 
https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10130172-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10130172-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/orig_boomver_1_10130172-2.jpg
Logo
Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654