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2006 Felix Ave

Memphis, TN 38104
  • $485,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 10208871
UPDATED: 43 min ago
$485,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

Excellent investment opportunity! This triplex offers three separate living units, each with its own charm and income potential. The main level features a 2-bedroom, 1-bath unit with a comfortable layout and easy access to the shared outdoor areas. Upstairs, youll find a 1-bedroom, 1-bath unit with a private side entrance"ideal for added privacy or tenant convenience. In addition, theres a detached garage with a 1-bedroom, 1-bath apartment above, offering even more flexibility for rental income or guest accommodations. Each unit is individually designed to maximize livability and function while keeping maintenance simple. Whether youre expanding your rental portfolio or searching for a multi-unit property to live in while generating income, this triplex delivers solid potential. Conveniently located near shopping, dining, and main commuter routes, its a great find for investors seeking reliable returns and long-term value.

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© 2025 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: 2025-11-17T13:03:27.453.
www.redsearealtyco.com/homes/169423444
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2006 Felix Ave Memphis, TN 38104

  • Price: $485,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 43 min ago
  • MLS #: 10208871
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1912
Built
Neighborhood:
Cooper Young
County:
Shelby
Area:
Central Gardens
Property Description
Excellent investment opportunity! This triplex offers three separate living units, each with its own charm and income potential. The main level features a 2-bedroom, 1-bath unit with a comfortable layout and easy access to the shared outdoor areas. Upstairs, youll find a 1-bedroom, 1-bath unit with a private side entrance"ideal for added privacy or tenant convenience. In addition, theres a detached garage with a 1-bedroom, 1-bath apartment above, offering even more flexibility for rental income or guest accommodations. Each unit is individually designed to maximize livability and function while keeping maintenance simple. Whether youre expanding your rental portfolio or searching for a multi-unit property to live in while generating income, this triplex delivers solid potential. Conveniently located near shopping, dining, and main commuter routes, its a great find for investors seeking reliable returns and long-term value.
Exterior Features

Buildings 2 Construction Wood/Composition Foundation Conventional/Crawl Space Land Sq Ft 7536 Lot Size 71X146 Misc Exterior SidewalksCeiling Fan(s) Parking Facility Concrete Roof Composition

Interior Features

Cooling Systems 2+ Window Units per Unit Floors And Ceilings TileWood Laminate Floors Heating Systems Gas Hot Water GasPublic SewerPublic Water Laundry Connections

Property Features

1 Bedroom Units 2 2 Bedroom Units 1 3 Bedroom Units 0 Annual City Tax 2263 Annual County Tax 2401 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name J J WILLIAMS Lot Number 36 Multifamily Type Triplex New Financing ConventionalFHA/VA Operating Expenses Other (Call LA) Other Units 0 Possession At Closing Sale Includes Other (See REMARKS) Source Of Info Current Records Tenant Pays Other (Call LA) Type Of Leases None Type Of Units 4 or More Bedrooms

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Keller Williams: 901-261-7900.



© 2025 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: 2025-11-17T13:03:27.453.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654