986 Eldridge Avenue

986 Eldridge Avenue

Memphis, TN 38107

$43,000
Price
2
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
front view of house with a yard

Description

Investment Opportunity! This duplex is ready for a full Renovation and then Rental income. This property offers the potential to maximize rental income with the flexibility to rent out both sides or live in one side while renting out the other. Whether you're a seasoned investor or just starting in real estate, don't miss out on the investment opportunity.Investment Opportunity! This duplex is ready for a full Renovation and then Rental income. This property offers the potential to maximize rental income with the flexibility to rent out both sides or live in one side while renting out the other. Whether you're a seasoned investor or just starting in real estate, don't miss out on the investment opportunity.
  1. Listed by Lauren Edwards • Crye-Leike, Inc., REALTORS

Property Details for 986 Eldridge Avenue

Area
741B
Style
Traditional
Parking
Street Parking Only
MAAR Subdivision Name
VICTORY COURTS
Legal Subdivision Name
VICTORY COURTS

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute
LISTING UPDATED: 04/25/2024 05:40 PM

Property Details for 986 Eldridge Avenue

StatusActive
MLS #10165858
Days on Market78
Taxes$480 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Built as Duplex
Year Built1940
Lot Size0.12 AC / 5,390 SF
CountyShelby County

Location

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

Building Information for 986 Eldridge Avenue

Stories1Year Built1940Building Size-Lot Size0.12 AC / 5,390 SF

Payment Calculator

$275 per month

30 year fixed, 7.25% Interest

Principal and Interest

$235

Property Taxes

$40

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 986 Eldridge Avenue

Summary
Location and General Information
  • Address: 986 ELDRIDGE AVE
  • Address Search Number: 986
  • Directions: From Hwy 51 (Thomas St), go East on Firestone Ave, Right on Morehead St, Left on Eldrige Ave, Property on Left.
  • Map Coordinate: B
  • MLS Map Num: Harbor Town/Downtown
  • Second Address Num: 988
Parking
  • Parking Display: 0
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 02-14-2024
Property
Lot Information
  • Lot Size: 49X110
  • Lot Description: Level
  • Parcel ID: 021050 00076
Property and Assessments
  • Foundation: Conventional
  • Service Type: Full Service Listing
Utilities
  • Cooling: 1 Window Unit per Unit
Interior and Exterior Features
Exterior Features
  • Misc Exterior: Porch
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Appliances / Equipment: Range/Oven (Freestanding)
  • Floors/Ceilings: Concrete Floor
  • Heating: Gas, Wall Heat
Multi Family
Unit 1
  • Unit 1: Eat-in Kitchen, Separate Living Room
  • Unit 1 Bedrooms: 1
  • Unit 1 Den GR Dimensions: 00x00
  • Unit 1 DR Dimension: 00x00
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 00x00
  • Unit 1 Total Baths: 1
Unit 2
  • Unit 2: Eat-in Kitchen, Separate Living Room
  • Unit 2 Bedrooms: 1
  • Unit 2 Den GR Dimension: 00x00
  • Unit 2 DR Dimension: 00x00
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 00x00
  • Unit 2 Total Baths: 1

Property History for 986 Eldridge 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 986 Eldridge Avenue

Taxable ValueLand$920Additions$6,960Total$7,880
Tax Record2022$480 ($40 / month)
Home Facts
Baths2Total Finished SqFt1,258 SqFtAbove Grade Finished SqFt1,258 SqFtStories1Lot Size5,358 SqFtStyleDuplexYear Built1940ZoningRU-1CountySHELBYAPN021-050- - -00076Fireplace TypeHas Fireplace

Schools near 986 Eldridge Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Memphis Scholars Caldwell-Guthrie
Charter - K to 5
Humes Preparatory Academy Middle School
Charter - 6 to 8
Manassas High School
Public - 9 to 12
Caldwell-Guthrie Elementary School
Public - PK to 5
Rating
School
Distance
Memphis Scholars Caldwell-Guthrie
CharterK to 5

Humes Preparatory Academy Middle School
Charter6 to 8

Manassas High School
Public9 to 12

Caldwell-Guthrie Elementary School
PublicPK 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.

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More information about 986 Eldridge Avenue, Memphis, TN 38107

986 Eldridge Avenue is a single family home for sale in Memphis, TN 38107. This property was listed for sale on February 14, 2024 by Crye-Leike, Inc., REALTORS, it's currently listed at $43,000. It has been on the market for a total of 78 days and was last sold on June 6, 2022. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Memphis Scholars Caldwell-Guthrie, Humes Preparatory Academy Middle School and Manassas High School. 986 Eldridge Avenue is a 2-bed, 2-bath, single family home built in 1940.

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