867 POLK AVE, Memphis, TN 38126

$45,000 Asking Price

3 beds
1 bath
Built in 1993

Investors Only! Here's a solid investment opportunity, especially with New South Memphis growing. The home has good structural, a full rehab is needed and could significantly increase its value, particularly given it's less than ten minutes to Beale Street. Are you considering resale or holding for rental (market rate avg $1350) With the area growing, either strategy could yield strong returns. The Seller has two vacant lots on each side of the property that are for sale. The Seller prefers to sale the property with the two lots as a package, or The Buyer can purchase each parcel individually. CASH offers only, no wholesalers and no assignments.

Features & Amenities

Interior

Rooms:
6
Flooring:
Other (See REMARKS)
A/C:
No Cooling
Heating:
Other (See REMARKS)
Fireplace:
Fireplaces: 0

Exterior

General:
Wood/Composition, Other (See REMARKS)
Style:
Traditional
Pool:
None
Parking:
Other (See REMARKS), Parking spaces: 0

Construction

General:
1

Location

County:
South Bluffs/Downtown

Lot

Zoning:
032010 00014

This listing courtesy of:
4 Success 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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