3229 13 COLONY MALL, Memphis, TN 38115

$42,000 Asking Price

1 bed
1 bath
Built in 1969

INVESTOR SPECIAL! Add this long-term tenant-occupied property to your portfolio! $550/month rental income. The average rental rate of comparable condos is $750/month! So much potential! Tenant has lease in place; buyer must maintain the remainder of it. Tenant intends to stay long-term. DO NOT DISTURB TENANT.

Features & Amenities

Interior

Rooms:
3
Flooring:
Other (See REMARKS)
A/C:
Central
Heating:
Central
Fireplace:
Fireplaces: 0

Exterior

General:
Other (See Remarks), Wrought Iron Security Drs
Style:
Other (See Remarks)
Pool:
Neighborhood
Parking:
Parking Lot, Parking spaces: 0

Construction

General:
1

Location

HOA Amenities:
Clubhouse w/Baths,Other (See REMARKS)
County:
Fox Meadows

Lot

Zoning:
074073 F00086

This listing courtesy of:
Coldwell Banker Collins-Maury

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.

Similar Homes

Message

Interested in this home?

Request more information: