2845 NATHAN AVE, Memphis, TN 38112

$55,000 Asking Price

2 beds
1 bath
Built in 1946

Rehab-ready house in Binghampton - this area is growing very well and seeing huge spikes in rents and values! Market rent should be around $900 once updated. This is a great long-term hold for an investor as the area continues to get better and better with Broad Ave. expansion and new apartments nearby! Get with your agent and go check it out! Selling as an optional package(info in docs) & doing a 1031 Exchange. No assignment/seller-financing will be considered.

Features & Amenities

Interior

Rooms:
4
Flooring:
Other (See REMARKS)
A/C:
Other (See REMARKS)
Heating:
Other (See REMARKS)

Exterior

General:
Wood/Composition, Porch
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Chickasaw Gardens

Lot

Zoning:
037017 00004

This listing courtesy of:
Memphis Metro 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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