Clean and nice property in Memphis (38118) 20k equity

Investor · San Francisco, CA · Member since 2013 · 147 posts · 97 votes

Contract for sale for:

4849 Blanding Ave. Memphis, TN 38118

Purchase Price: 46.9k.

4 Bedrooms

2 bathroom

1432 sqft

Built in 1961.

Property in EXCELLENT condition and need very minor work. See pictures and video links below. My Rough Estimate 5-10k (I'm not a contractor)

Rent Range: 800-$850.

After Repair Value: 72-80k

Comparable Sales:

-4765 Scottsdale Ave, Memphis, TN 38118 Sold on 07/23/15 for $72,700

-4660 Scottsdale Ave, Memphis, TN 38118 3 beds 2 baths 1,490 sqft Sold on 07/31/15 for $77,700

- 4710 Chuck Ave, Memphis, TN 38118 3 beds 2 baths 1,563 sqft Sold on 08/25/15 for $80,200

Access: Please call (901) 602-7874 or email to [email protected]

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