944 NEW YORK AVE, Memphis, TN 38104

$350,000 Asking Price

4 beds
2 baths
Built in 1905

Charming Cooper Young Property with Income Potential! Beautifully updated 3-bedroom, 1-bath home with a 1-bedroom, 1-bath detached guest home (VERY rare). Filled with character, the main home boasts tall ceilings, exposed brick, heart-of-pine hardwood floors, antique-style tub, and a modernized kitchen with quartz countertops. The detached guest home, complete with a kitchenette and full bath, is not included in the MLS SqFt but offers incredible flexibility as a rental, studio, or more. Sold fully furnished, including appliances and move-in ready, this property is perfect as a personal home, an investment, or both. Currently operating as a successful Airbnb, the main home welcomes short-term guests, while the guest home is rented long-term. The main home features central HVAC, and the guest home is equipped with a mini-split system. Whether you’re looking for a personal home, profitable Airbnb, or chance to house-hack, this property is ready to meet your needs. Online video available.

Features & Amenities

Interior

Rooms:
6
Flooring:
Part Carpet
A/C:
Central
Heating:
Central

Exterior

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

Construction

Roofing:
Composition Shingles
General:
1

Location

County:
Central Gardens

Lot

Zoning:
029018 00008

This listing courtesy of:
Crye-Leike, Inc., REALTORS

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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