845 GRACEWOOD ST, Memphis, TN 38112

$82,900 Asking Price

2 beds
1 bath
Built in 1948

Charming 2-bedroom, 1-bath home nestled at the end of a quiet dead-end street in a rapidly growing neighborhood with rising property values. This cozy residence features a newly updated HVAC unit and furnace, ensuring comfort year-round. The entire home has been recently re piped with pex plumbing, adding to its reliability. Enjoy peace of mind with an upgraded electrical system and brand-new light fixtures throughout. The serene location is perfect for those seeking tranquility while being close to emerging local amenities. This property would make a great family home as well as a profitable investment property as neighboring rental rates continue to increase. Call listing agent today and don't miss this great opportunity!!

Features & Amenities

Interior

Rooms:
5
Appliances:
Cooktop,Gas Cooking,Dishwasher,Other (See REMARKS)
Flooring:
Other (See REMARKS)
A/C:
Central
Heating:
Central

Exterior

General:
Wood/Composition, Wrought Iron Security Drs,Porch,Well Landscaped Grounds,Chain Fence
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad,Front-Load Garage, Parking spaces: 1

Construction

General:
1

Location

County:
Midtown/Holmes

Lot

Zoning:
052085 00022

This listing courtesy of:
Weichert, REALTORS-BenchMark

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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