1457 S Cooper St, Memphis, TN 38114

$199,000
2
BD
1
BA

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List Price
$199,000
Price Change
▼ $6,000 1776571038
MLS#
10216892
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X204
Status
ACTIVE

Property Description

Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young Historic District, Overton Square and Downtown Memphis, the location benefits from strong, consistent rental demand. Whether you're expanding your portfolio or acquiring a stable income-producing asset in a high-demand rental corridor, this duplex presents a compelling opportunity. Tenant leases and financials available upon request. Showings coordinated with tenants with appropriate notice. Stove and fridges are currently provided in each unit.

Additional Information

Annual City Tax
1572
Annual County Tax
1639
Cooling
Central Cooling
Heating
Central
Hot Water
Gas
Legal Subdivision
West Magnolia Hgts
Lot
17
Lot Description
Level
Lot Size
50X204
New Financing
Other (See Remarks)
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
MAGNOLIA HEIGHTS (WEST)
Subtype
Built as Duplex
Year Built
1965

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Calculator source: Real Geeks

Listing courtesy of Fast Track Realty, LLC.

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