1333 Harbert AveMemphis, TN 38104

Property Details for 1333 Harbert Ave

Year built

1927

Lot size

0.14 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This stunning 1927 historic duplex located at 1333 Harbert Ave, Memphis, TN 38104, presents a fantastic investment opportunity. Situated on a 0.137-acre lot, this two-unit apartment building boasts extensive renovations throughout. Each spacious unit offers three bedrooms and one bathroom, featuring updated kitchens and bathrooms, along with private patios or balconies. Recent upgrades include a brand-new roof, central air and heat systems, and new appliance packages including washers and dryers in each unit. The units showcase original charm with built-ins, separate dining rooms, and large living areas. The ground floor unit is currently occupied, generating a monthly rental income of $1295. The property also includes a convenient rear parking pad. This exceptional property is ideally located where the desirable Annesdale and Central Gardens neighborhoods meet, offering a prime location for both residents and investors. The asking price is $365,000, representing a price per unit of $182,500. This is a rare opportunity to acquire a meticulously renovated, high-income-producing duplex in a highly sought-after Memphis neighborhood.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1295

Longitude

-90.0173

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