484-486 High Point Ter, Memphis, TN 38122

$625,000
4
BD
2
BA
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List Price
$625,000
MLS#
10225137
Property Type
Multifamily
Bedrooms
4
Bathrooms
2
Lot Size
65X100
Status
ACTIVE
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Property Description

HOUSE HACK OPPORTUNITY in sought after High Point Terrace neighborhood!! This updated duplex offers 8 beds, 4 baths, and 2,876 sq. ft. of living space across two income-producing units. Unit 486 is currently tenanted, generating rental income at $2,200/mo thru 12/31/26, while the other side is ready for an owner-occupant to move right in and offset their mortgage. Enjoy hard-surface flooring, bright living areas, and shaker-style kitchen cabinetry throughout. Additional highlights include central heat and air, a 2-car garage, and a large fenced backyard. DO NOT DISTURB TENANT Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Additional Information

Annual City Tax
5893
Annual County Tax
6142
Appliances Equipment
Refrigerator, Dishwasher, Microwave
Cooling
Central Cooling
Exterior
Porch, Patio
Heating
Central
Hot Water
Other (See REMARKS)
Legal Subdivision
Nolens
Lot
2
Lot Description
Level
Lot Size
65X100
New Financing
Other (See Remarks)
Parking
Driveway/Pad, Front-Load Garage
Stories
1.5
Style
Traditional
Subdivision
HIGH POINT TERRACE
Subtype
Built as Duplex
Year Built
1998
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Listing courtesy of Foundation Property Management.

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