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$85,000   Price Analysis
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111 Lucy Ave
Memphis, TN 38106
2 bed 2 bath unknown SqFt ($0/SqFt)
3,049SqFt lot. Built 2008
Listed 2024-01-30, Taxes $647
Ⓧ USDA Ineligible
due to location

near Memphis

Investment opportunity!

2-bed, 2-bath house with long-trm paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged.

All homes are on the same street next door to each other. 97, 103, 111, 119 and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance. . Call for now b efore it's sold.


Presented by Larrian Currie at
One Stop Global Realty.
Listing Agent Photo

Property MLS #10164766 from Memphis

Bedrooms: 2
Primary Bedroom Dimensions: 12 x 12
Bedroom 2 Dimensions: 12 x 12

Total Rooms: 4
Great Room Dimensions: 10 x 20
Living Room Dimensions: 10 x 20

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Cooling Features: Ceiling Fan(s), Central
Heating Features: Central, Electric

Interior Amenities: Eat-In Kitchen, Pantry, Separate Den, Separate Living Room, Washer/Dryer Connections, 1 or More BR Down, 2 Full Primary Baths, All Bedrooms Down, Split Bedroom Plan, Heated SqFt Range: 1200-1399
Flooring: Part Carpet, Textured Ceiling, Vinyl/Luxury Vinyl Floor

Kitchen Dimensions: 8 x 16

Porch

Lot Description: Level
Lot Size Acres: 0.07
Lot Size Dimensions: 30X102
Lot Size Square Feet: 3049

Parking Features: Driveway/Pad, On-Street Parking

Annual Tax Amount: 360
Source Listing Status: Active
County: Shelby
Directions: Take I-240 W to US-61 N/S 3rd St. Take exit 7 from I-55 N and continue to US-61 N/S 3rd St. Merge onto US-61 N/S 3rd St. Turn left onto E McLemore Ave. Turn left onto S Main St. Turn left onto Lucy Ave. The Destination will be on the right.
Source Property Type: Residential
Area: South Memphis/61 Hwy
Source Neighborhood: RANDOLPHS
Subdivision: RANDOLPHS
Property Subtype: Detached Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$10,175 + $450
$10,625
$647
2021$10,175 + $450
$10,625
$654
2020$8,050 + $450
$8,500
$615
2019$8,050 + $450
$8,500
$615
2018$8,050 + $450
$8,500
$615
2017$8,050 + $450
$8,500
$349
2016$8,050 + $450
$8,500
$371
2015$8,050 + $450
$8,500
$371
2014$8,050 + $450
$8,500
$371
2013$8,050 + $450
$8,500
$372
2012$9,625 + $600
$10,225
$411
2010$9,625 + $600
$10,225
$411
2007$unknown + $600
$600
$44

Listed 2024-01-30
$85,000
Memphis
Listing removed 2013-12-03
$75,000
Memphis
Listed 2013-06-18
$75,000
Memphis

Year Built: 2008
Building Exterior Type: Vinyl Siding, Wood/Composition
Property Age: 16
Levels or Stories: 1
Structure Type: General Residential
House Style: Soft Contemporary, Traditional
Year Built Details: Existing Property
SqFt Maximum: 1399
SqFt Minimum: 1200

Riverview Middle School is a public elementary and middle school located approximately 1.4 miles away.
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Hamilton High School is a public high school located approximately 2.6 miles away.
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Creative Life Preparatory School is a private elementary, middle and high school located approximately 0.9 miles away.
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Click Thumbnail Images To View Full Size
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yardhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.