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1335 FAXON AVE, Memphis, TN 38104
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$100,000
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Home Details for 1335 FAXON AVE
Price
$100,000
Type
Multi Family
Bedrooms
3
Year Build
1919
County
Shelby
Tax
$2,506
MLS®️ Listing#
10206737
On exitrealty.com
110 days
Property Description
Value-Add Triplex Investment Opportunity Near Crosstown Concourse Located just blocks from the vibrant Crosstown Concourse, this 3-unit triplex offers the perfect blend of historic charm and value-add potential in the heart of 38104. Built in 1919 and spanning 2,667 sq ft, each unit features a 1 bed / 1 bath layout, ideal for long-term tenants or short-term rental strategies. The property is in need of renovations to significantly increase value. With several renovated and newly developed properties within a half-mile radius, the surrounding neighborhood is on a strong upward trend. ARV: $300,000 (conservatively) This is a rare opportunity to acquire a classic Midtown Memphis triplex at a steep discount with plenty of upside potential. Whether you're a buy-and-hold investor or looking for your next flip, this property checks all the boxes. Cash Only sold as-is! Do not disturb tenants. No showings without an accepted offer.
- Heating Information
- Natural Gas
- Parking
- Concrete
Listing Courtesy: Renshaw Company, REALTORS - 901-820-4367
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.
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$100,000
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EXIT WISE MASTER BUILDERS REALTY
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