1320 Faxon Avenue
Memphis, TN 38104
$199,750
Price
4
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to investors & owner occupant buyers who want to live inside one unit & collect rent on the other side (House Hack). Each unit is 2 bedrooms 1 bath & Unit 1 is currently rented at $945 per month and Unit 2 is vacant and being marketed for rent. You can live in one of the units or do short term rentals for it and have long term sustained rent on the other unit. This is a wonderful...Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to investors & owner occupant buyers who want to live inside one unit & collect rent on the other side (House Hack). Each unit is 2 bedrooms 1 bath & Unit 1 is currently rented at $945 per month and Unit 2 is vacant and being marketed for rent. You can live in one of the units or do short term rentals for it and have long term sustained rent on the other unit. This is a wonderful long term area and is seeing a lot of growth & activity. Online video available upon request. Could be a great primary residence, AirBnb, or long term rental. FHA/VA/ Conventional offers welcome!
- Listed by Tyler Tapley • Crye-Leike, Inc., REALTORS
Property Details for 1320 Faxon Avenue
Area
744C
StyleTraditional
ParkingDriveway/Pad
MAAR Subdivision NameSPEEDWAY TERRACE BLK B
Legal Subdivision NameSPEEDWAY TERR BLK B
LISTING UPDATED: 11/22/2024 08:19 AM
Property Details for 1320 Faxon Avenue
| Status | Active |
|---|---|
| MLS # | 10176486 |
| Days on Market | 138 |
| Taxes | $1,258 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Duplexes / Built as Duplex |
| Year Built | 1920 |
| Lot Size | 0.18 AC / 8,000 SF |
| County | Shelby County |
Building Information for 1320 Faxon Avenue
Stories1Year Built1920Building Size-Lot Size0.18 AC / 8,000 SF
Property Information for 1320 Faxon Avenue
Summary
Location and General Information
- Address: 1320 FAXON AVE
- Address Search Number: 1320
- Directions: Traveling west on North Parkway, turn right onto N. Claybrook. Turn right onto Faxon. Property is on the left.
- Geo Match Code: 0
- Geo Matched Method: 0
- Geo Quality: .95
- Geo Update Timestamp: 07-09-2024
- Geo Zoom Level: 16.00
- Map Coordinate: C
- MLS Map Num: Overton Park
Parking
- Parking Display: 0
Taxes and HOA Information
- Hot Water: Electric, Gas
- LVT Date: 07-09-2024
Property
Lot Information
- Lot Size: 50X160
- Lot Num: 61
- Lot Description: Level
- Parcel ID: 021101 00032
Property and Assessments
- Foundation: Conventional, Partial Basement
- Service Type: Full Service Listing
Utilities
- Cooling: 2+ Window Units per Unit
Interior and Exterior Features
Exterior Features
- Pool Description: None
- Roof: Composition Shingles
Interior Features
- Num of Fireplaces: 1.0
- Floors/Ceilings: Part Hardwood
- Heating: Wall Heat
Multi Family
Unit 1
- Unit 1: Pantry in Kitchen
- Unit 1 Bedrooms: 2
- Unit 1 Den GR Dimensions: 0
- Unit 1 DR Dimension: 0
- Unit 1 Full Baths: 1
- Unit 1 Half Baths: 0
- Unit 1 LR Dimension: 0
- Unit 1 Total Baths: 1
Unit 2
- Unit 2: Pantry in Kitchen
- Unit 2 Bedrooms: 2
- Unit 2 Den GR Dimension: 0
- Unit 2 DR Dimension: 0
- Unit 2 Full Baths: 1
- Unit 2 Half Baths: 0
- Unit 2 LR Dimension: 0
- Unit 2 Total Baths: 1
Property History for 1320 Faxon Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1320 Faxon Avenue
Taxable ValueLand$3,200Additions$17,440Total$20,640
Tax Record2023$1,257 ($105 / month)
Home Facts
Baths2Total Finished SqFt1,760 SqFtAbove Grade Finished SqFt1,760 SqFtStories1Lot Size7,971 SqFtStyleDuplexYear Built1920ZoningRU-1CountySHELBYAPN021-101- - -00032Fireplace TypeHas Fireplace
Schools near 1320 Faxon Avenue
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 | |||
| Charter - | K to 4 |
Rating | School | Distance |
|---|---|---|
Snowden Elementary/Middle PublicPK to 8 | ||
Manassas High School Public9 to 12 | ||
Crosstown High School Charter9 to 12 | ||
Perea Elementary School CharterK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Crye-Leike, Inc., REALTORS