776 NEWELL ST, Memphis, TN 38111

$130,000 Asking Price

3 beds
1 bath
Built in 1925

This property presents a unique investment opportunity for savvy investors. Recently affected by a fire, the interior has been completely gutted, and the studs have been repaired, providing a clean slate for renovation. The home is prepped and ready for sheetrock and flooring, offering the potential to customize the space to suit your vision. Whether you're looking to fix and flip or fix and hold, this property is the perfect canvas for a profitable project. Don't miss out!!!!

Features & Amenities

Interior

Rooms:
7
Flooring:
Other (See REMARKS)
A/C:
Other (See REMARKS)
Heating:
Other (See REMARKS)
Fireplace:
Fireplaces: 1

Exterior

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

Construction

General:
1

Location

County:
Pendleton/Park

Lot

Zoning:
045083 00023

This listing courtesy of:
KAIZEN Realty, LLC

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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