845 GRACEWOOD ST, Memphis, TN 38112

$89,900 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.

Similar Homes

Message

Interested in this home?

Request more information: