2908 Elbert Drive

Memphis, TN 38127

$140,000
Price
4
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Amazing investment opportunity. This property offers two units, each featuring a 2 bedroom, 1 bathroom layout. Rent ready! Both sides have been updated with new flooring, fresh paint, and numerous enhancements to cater to modern living standards. Currently vacant, this duplex presents a compelling cash flow potential with market rents at $850 per side, totaling $1,700 per month. Don't miss out on this great opportunity!Amazing investment opportunity. This property offers two units, each featuring a 2 bedroom, 1 bathroom layout. Rent ready! Both sides have been updated with new flooring, fresh paint, and numerous enhancements to cater to modern living standards. Currently vacant, this duplex presents a compelling cash flow potential with market rents at $850 per side, totaling $1,700 per month. Don't miss out on this great opportunity!
  1. Listed by Brett Bernard • The Stamps Real Estate Company

Property Details for 2908 Elbert Drive

Area
725F
Style
Traditional
Parking
Driveway/Pad
MAAR Subdivision Name
SCHOOLFIELD ST ELMO
Legal Subdivision Name
SCHOOLFIELD-ST ELMO

Location

Listing Courtesy of The Stamps Real Estate Company
Add your commute
LISTING UPDATED: 05/06/2024 04:30 PM

Property Details for 2908 Elbert Drive

StatusContingent
MLS #10171023
Days on Market11
Taxes$704 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Other (See REMARKS)
Year Built1973
Lot Size0.35 AC / 15,344 SF
CountyShelby County

Location

Listing Courtesy of The Stamps Real Estate Company
Add your commute

Building Information for 2908 Elbert Drive

Stories1Year Built1973Building Size-Lot Size0.35 AC / 15,344 SF

Payment Calculator

$823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$764

Property Taxes

$59

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2908 Elbert Drive

Summary
Location and General Information
  • Address: 2908 ELBERT DR
  • Address Search Number: 2908
  • Directions: Going S on Range Line Road, take a left onto Frayser. Take a right onto Lake Park Rd. Take a right onto Elbert Dr. Property on left.
  • Map Coordinate: F
  • MLS Map Num: Frayser - North
  • Second Address Num: 2910
Parking
  • Parking Display: 0
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 04-26-2024
Property
Lot Information
  • Lot Size: 112X137
  • Lot Num: 70
  • Lot Description: Some Trees
  • Parcel ID: 072121 B00004
Property and Assessments
  • Percent Occupancy: 0
  • Service Type: Full Service Listing
  • Syndicate Listing To: Zillow Group
Utilities
  • Cooling: Central Cooling
Interior and Exterior Features
Exterior Features
  • Misc Exterior: Porch
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Heating: Central
Multi Family
Unit 1
  • Unit 1: Updated/Renovated Kit, Separate Living Room
  • Unit 1 Bedrooms: 2
  • Unit 1 Den GR Dimensions: 0x0
  • Unit 1 DR Dimension: 0x0
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 0x0
  • Unit 1 Total Baths: 1
Unit 2
  • Unit 2: Updated/Renovated Kit, Separate Living Room
  • Unit 2 Bedrooms: 2
  • Unit 2 Den GR Dimension: 0x0
  • Unit 2 DR Dimension: 0x0
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 0x0
  • Unit 2 Total Baths: 1

Property History for 2908 Elbert Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2908 Elbert Drive

Taxable ValueLand$2,000Additions$9,560Total$11,560
Tax Record2022$704 ($59 / month)
Home Facts
Baths2Total Finished SqFt1,710 SqFtAbove Grade Finished SqFt1,710 SqFtStories1Lot Size8,930 SqFtStyleDuplexYear Built1974ZoningRU-1CountySHELBYAPN072-121- -B-00004Fireplace TypeHas Fireplace

Schools near 2908 Elbert Drive

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

Grandview Heights Middle
Public6 to 8

Trezevant High School
Public9 to 12

Libertas School
CharterPK to 5

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.

Similar Homes

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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 The Stamps Real Estate Company