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$99,000   Price Analysis
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3581 Rockwood Ave
Memphis, TN 38122
2 bed 2 bath unknown SqFt ($0/SqFt)
0.25 acre lot. Built 1940
Listed 2024-02-01, Taxes $808
Ⓧ USDA Ineligible
due to location

near Memphis

Income-producing duplex!

Great Cap Rate. Perfect addition to your Portfolio! 100% Occupid w/ leases. A Total of $1150 rental income($550 and $600).

Tenants pay all of their own utilities. No sign in yard. DO NOT DISTURB TENANTS. No showings without accepted offer.


Presented by Fara Captain at
Captain & Company Real Estate.
Listing Agent Photo

Property MLS #10164940 from Memphis

Bedrooms: 2

Full Bathrooms: 2

Interior Amenities: Part Hardwood, Tile, Vinyl Floor, Heated SqFt Range: 1200-1399

Heating Features: Wall Heat
Water Heaters: Gas

Separate Meters

Lot Description: Some Trees, Level, Chain Fenced
Lot Size Acres: 0.25
Lot Size Dimensions: 75X150
Lot Size Square Feet: 10890

Parking Features: Driveway/Pad

Lease Term: Year
Tenant Pays: All Utilities

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: W/D Connection in Kitchen, Separate Living Room
Unit-2 Description: Eat-in Kitchen, Separate Living Room
Unit 1 Total Actual Rent: 550
Unit 2 Total Actual Rent: 600

Annual Tax Amount: 450
Source Listing Status: Active
County: Shelby
Directions: Take N Highland St. Pass Summer Ave. All The Way Down To Rockwood Ave. Make A Right. The Duplex Will Be On Your Right.
Source Property Type: Duplexes
Area: Kingsbury
Source Neighborhood: E O BAILEY BLK 11
Subdivision: E O BAILEY BLK 11
Property Subtype: Built as Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$9,960 + $3,320
$13,280
$808
2021$6,225 + $2,075
$8,300
$511
2020$11,080 + $2,760
$13,840
$1,002
2019$11,080 + $2,760
$13,840
$1,002
2018$11,080 + $2,760
$13,840
$1,002
2017$11,080 + $2,760
$13,840
$568
2016$12,720 + $2,040
$14,760
$645
2015$12,720 + $2,040
$14,760
$645
2014$12,720 + $2,040
$14,760
$645
2013$12,720 + $2,040
$14,760
$646
2012$11,300 + $1,625
$12,925
$519
2010$11,300 + $1,625
$12,925
$519
2007$17,400 + $2,600
$20,000
$1,494
2006$17,400 + $2,600
$20,000
$1,494

Listed 2024-02-01
$99,000
Memphis
Listing removed 2022-12-29
$0
TenantTurner
Listed for rent 2022-11-02
$650
TenantTurner
Sold 2021-08-04
$67,500
Memphis
Sold 1998-01-01
$27,500
Public Record

Year Built: 1940
Building Exterior Type: Aluminum/Steel Siding, Aluminum Window(s)
Property Age: 84
Roof: Composition Shingles
Levels or Stories: 1
House Style: Traditional
SqFt Maximum: 1399
SqFt Minimum: 1200

Treadwell Middle School is a public middle school located approximately 0.5 miles away.
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Treadwell Elementary School is a public elementary school located approximately 0.5 miles away.
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Kingsbury High School is a public high school located approximately 1 miles away.
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Brinkley Heights Urban Academy is a private elementary, middle and high school located approximately 0.6 miles away.
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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.