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3468 BOWEN AVE, Memphis, TN 38122

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
3468 BOWEN AVE,Memphis, TN 38122
$199,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: randall weatherall
Office: memphis metro realty
MLS#:10224308
Source:TN_MAAR

Price summary

  • Price:$199,900

About this home

3 of 4 units rented! Rent is $650/month for all units, plus each tenant pays $150/month towards utilities. The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed and is ready for leasing now. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone!

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Home facts

  • Year built:1925
  • Subdivision & Development:HIGHLAND HEIGHTS BLK 14
  • Listing ID #:10224308
  • Added:42 day(s) ago
  • Updated:July 29, 2026 at 11:38 AM

Rooms and interior

  • Flooring:Tile, Vinyl Floor, Wood Laminate Floors
  • Basement Description:Conventional/Crawl Space

Heating and cooling

  • Cooling:1 Window Unit per Unit, 2+ Window Units per Unit, Central

Structure and exterior

  • Roof:Shingle/Shake
  • Year built:1925
  • Foundation Description:Conventional/Crawl Space

Finances and disclosures

  • Price:$199,900
  • Tax amount:$1,790
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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