3531 GOWAN DR, Memphis, TN 38127

$119,900 Asking Price

4 beds
1 bath
Built in 1956

INVESTORS ONLY! Terrific investment opportunity! Brick four bed, one and a half bath home with covered parking! Tenant occupied property. Do not approach or disturb. No showings without an accepted offer. No assignment or creative finance. Rent is $1125/monthly with a $625 deposit on file. Lease ends 2/28/25. ONLINE VIDEO AVAILABLE UPON REQUEST. Huge laundry room, extra large driveway, home is in good shape & would qualify for bank financing. Tenant has been there 7 years & pays on time.

Features & Amenities

Interior

Rooms:
7
Flooring:
Part Carpet
A/C:
Central
Heating:
Central

Exterior

General:
Brick Veneer, Other (See REMARKS)
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 1

Construction

General:
1

Location

County:
Frayser/Whitney

Lot

Zoning:
070051 00017

This listing courtesy of:
Crye-Leike, Inc., REALTORS

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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