1600 ESTATE DR, Memphis, TN 38119

$306,000 Asking Price

3 beds
2 baths
Built in 1959

Meticulously renovated 3 bed, 2 bath home in desirable Colonial Acres shines with thoughtful updates. This fully furnished property feels more spacious than its square footage, featuring an open-concept design with gleaming hardwood floors. Recent enhancements include a new roof, HVAC system, energy-efficient windows, and beautifully remodeled bathrooms. The bright, open kitchen seamlessly connects to the living spaces, making it ideal for entertaining. The expansive, fully fenced backyard boasts a new patio, perfect for outdoor gatherings. Additional upgrades include fresh interior paint, a PVC sewer line, and a sizable workshop/storage room. Currently generating $1,800/month in rental income through September 2025, this turnkey investment property is ideally located in East Memphis, just minutes from premier shopping, dining, museums, and gardens.

Features & Amenities

Interior

General:
Pull Down Attic Stairs,Vent Hood/Exhaust Fan
Rooms:
7
Master Bath:
Tile Floor
Appliances:
Range/Oven,Disposal,Dishwasher,Refrigerator,Washer,Dryer,Cable Wired,Satellite Dish
Flooring:
Part Hardwood,Tile
A/C:
Central
Heating:
Central
Fireplace:
Masonry,In Den/Great Room,Glass Doors, Fireplaces: 1

Exterior

General:
Brick Veneer, Wrought Iron Security Drs,Storage Building,Patio,Storage,Sidewalks
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad,Storage Room(s), Parking spaces: 0

Construction

Roofing:
Composition Shingles
General:
1, Conventional

Location

County:
Sea Isle/Park

Lot

Zoning:
067078 00023

Utilities

Water:
Electric Water Heater
Sewer:
Electric Water Heater

This listing courtesy of:
Real Estate Agency

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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