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3468 BOWEN AVE, 
Memphis, TN 38122

$239,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Randall Weatherall

Memphis Metro Realty

901-352-6200

Last updated:

July 5, 2025, 10:42 AM

MLS#

10200309

Source:

TN MAAR

About This Home

3468 BOWEN AVE

Three of four occupied - current rents are $475+$100/month for rent and utilities. Unit 3 is $685+$123.25/month, and unit 1 is getting $650+$150 in utilities. 4 units total: 2 in front duplex and 2 in rear ADUs. 3 x 1/1s and 1 x Eff. Property has so much potential! The units can be brought up to area standard (getting better every year with flip/turnkey capital injection) and rented for more. You can separately meter utilities over the long haul, add minisplits to the ADUs, all to get those rents up and property really stabilized. It's doing okay now, but you can make it a great long-term hold with some creativity in your value-add.

Home Facts

Multi-Family

Built in 1925

Price Summary

239,900

MLS #:

10200309

Last Updated:

July 5, 2025, 10:42 AM

Added:

4 day(s) ago


Structure

Structure

Year Built:

1925


Finances & Disclosures

Finances

Price:

$239,900

Source:TN MAAR
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®. The information provided is for the consumer’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

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