2435 FORREST AVE, Memphis, TN 38112

$140,000 Asking Price

3 beds
2 baths
Built in 1922

Investor Special near Broad Avenue and the Memphis Zoo near midtown. This Duplex is occupied for $1,390 with long standing tenants and professionally managed. Unit 1 is rented for $695 and the lease ends August 2026. Unit 2 is rented for $700 and the lease ends in August 2025. Unit 1 is a 2 bed and 1 bath unit and Unit 2 is a 2 bed and 2 bath unit. Duplex being sold "as is" and some TLC is needed. Do not Disturb tenants. Showing upon accepted offer. Call listing agent today!

Features & Amenities

Interior

Rooms:
7
Flooring:
Other (See REMARKS)
A/C:
Central
Heating:
Central
Fireplace:
Fireplaces: 1

Exterior

General:
Brick Veneer, Porch
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Overton Park

Lot

Zoning:
033001 00054

This listing courtesy of:
CB Properties of Memphis, LLC

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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