2391 Forest Avenue

Memphis, TN 38112

$420,000
Price
4
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great investment for the savvy landlord. Four units. Two units up and two units down. Unit 3 is vacant and is used as an Air BNB. Each unit has one bedroom, one full bath, eat in kitchen and a laundry room. Showings need to be scheduled 24 hours in advance if unit 1, 2, and 4 are to be seen. Unit 3 can be seen anytime. The two units upstairs has a small balcony to the outside. Off the laundry room is a back door that leads downstairs to the rear parking lot.Great investment for the savvy landlord. Four units. Two units up and two units down. Unit 3 is vacant and is used as an Air BNB. Each unit has one bedroom, one full bath, eat in kitchen and a laundry room. Showings need to be scheduled 24 hours in advance if unit 1, 2, and 4 are to be seen. Unit 3 can be seen anytime. The two units upstairs has a small balcony to the outside. Off the laundry room is a back door that leads downstairs to the rear parking lot.
  1. Listed by Landra Pryor • Crye-Leike, Inc., REALTORS

Property Details for 2391 Forest Avenue

Area
744I
Style
Soft Contemporary
MAAR Subdivision Name
MISSES HANSON
Legal Subdivision Name
MISSES HANSON

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute
LISTING UPDATED: 04/01/2024 07:47 AM

Property Details for 2391 Forest Avenue

StatusActive
MLS #10169009
Days on Market37
Taxes$4,050 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1922
Lot Size0.15 AC / 6,534 SF
CountyShelby County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute

Building Information for 2391 Forest Avenue

Stories2Year Built1922Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$2,630 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,292

Property Taxes

$338

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2391 Forest Avenue

Summary
Location and General Information
  • Address: 2391 FORREST AVE
  • Address Search Number: 2391
  • Cross Street: East Parkway North
  • Directions: From the intersection of Sam Cooper Blvd and North Parkway, Head North on North Parkway, then turn right onto Forrest Avenue. The property will be on the right side of the street.
  • Map Coordinate: I
  • MLS Map Num: Overton Park
  • Neighborhood Association: None
Parking
  • Parking Display: 4
  • Parking/Storage: Driveway/Pad, Parking Lot
Taxes and HOA Information
  • LVT Date: 03-30-2024
  • Management Company: Owner Management
Property
Lot Information
  • Lot Size: 50X132.5
  • Acreage: .15
  • Lot Num: 11
  • Lot Description: Some Trees, Level, Wood Fenced
  • Parcel ID: 033001 00045
  • Zero Lot Line: No
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Conventional
  • Prop Construction Status: Existing Property
  • Security: Smoke Detector(s)
  • Service Type: Full Service Listing
  • Syndicate Listing To: Zillow Group
  • Termite Contract: No
Utilities
  • Cooling: Ceiling Fan(s), Central
  • Water & Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition
  • Misc Exterior: Wrought Iron Security Drs, Porch, Balcony, Sidewalks
  • Misc. Interior: Security System, Smoke Detector(s)
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 0.0
  • Additional Br/Bath Info: 1 or More BR Down
  • Apprx Heated Sq Ft Range: 3600-3799
  • Attached Unit Type: Other (See REMARKS)
  • Bedroom 2 Description: Hardwood Floor, Level 1, Level 2
  • Bedrooms Down: 0.0
  • Den Great Room Dimensions: 0x0x
  • Dining Room Dimensions: 0x0x
  • Floors/Ceilings: Hardwood Throughout, Textured Ceiling
  • Heating: Central, Gas
  • Interior Equipment: Range/Oven, Gas Cooking, Refrigerator, Washer, Dryer, Cable Available
  • Kitchen Dimensions: 17x10
  • Living Room Dimensions: 17x13
  • Living/Dining/Kitchen: Separate Living Room, Eat-In Kitchen
  • Other Rooms: Laundry Room
  • Total Baths: 4

Property History for 2391 Forest Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2391 Forest Avenue

Taxable ValueLand$6,640Additions$59,840Total$66,480
Tax Record2022$4,050 ($337 / month)
Home Facts
Baths1Total Finished SqFt4,465 SqFtAbove Grade Finished SqFt4,465 SqFtStories1Lot Size6,621 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningRU-3CountySHELBYAPN033-001- - -00045Fireplace TypeHas Fireplace

Schools near 2391 Forest Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Charter - 6 to 8
Public - 9 to 12
Rating
School
Distance
William Herbert Brewster Elementary School
PublicPK to 5

Treadwell Middle School
Public6 to 8

Lester Prep
Charter6 to 8

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2391 Forest Avenue is a single family home for sale in Memphis, TN 38112. This property was listed for sale on March 30, 2024 by Crye-Leike, Inc., REALTORS, it's currently listed at $420,000. It has been on the market for a total of 37 days and was last sold on November 15, 2006. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include William Herbert Brewster Elementary School, Treadwell Middle School and Lester Prep. 2391 Forest Avenue is a 4-bed, 4-bath, single family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Inc., REALTORS