1304 CAROLYN DR, Memphis, TN 38111

$165,000 Asking Price

3 beds
1 bath
Built in 1955

Do not bother the tenants! Charming 3-bed, 1.5-bath investment property with tenants in place through 10/31/2025 on their 2nd lease! Prior to leasing, the home was updated to create 3 true bedrooms, including a larger primary bedroom with 2 closets and a fireplace. The kitchen was expanded with added cabinets, and a laundry room was created for convenience. Bathrooms feature new plumbing fixtures, with one boasting a new vanity. Interior and exterior freshly painted, while the original hardwood floors were preserved to maintain the home's character. The spacious fenced backyard includes a large shop with electricity, offering potential as a workshop or, with renovations, a living space. Located in a quiet neighborhood, this property offers immediate income potential. Owner/Agent.

Features & Amenities

Interior

General:
Excl Some Window Treatmnt,Pull Down Attic Stairs,Attic Access,Smoke Detector(s)
Rooms:
10
Flooring:
Part Hardwood,Tile,Vinyl/Luxury Vinyl Floor
A/C:
Central
Heating:
Central
Fireplace:
Masonry,In Primary Bedroom, Fireplaces: 1

Exterior

General:
Brick Veneer, Storage Building,Patio,Wood Fence,Storage,Workshop
Style:
Ranch
Pool:
None
Parking:
Driveway/Pad,Workshop(s), Parking spaces: 1

Construction

Roofing:
Composition Shingles
General:
1, Slab

Location

HOA Amenities:
0.0
County:
Getwell/Park

Lot

Zoning:
058138 00026

Utilities

Water:
Gas Water Heater,Public Sewer,Public Water
Sewer:
Gas Water Heater,Public Sewer,Public Water

This listing courtesy of:
BHHS McLemore & Co., Realty

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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