4340 Fayette Road
Memphis, TN 38128
$170,000
Price
—
Beds
2
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Rental opportunity! Only the building is for sale. Currently, a long-term tenant is paying $1500 per month and is month to month operating a successful daycare. The property was previously used as a dental business; could also be a medical or office in a thriving commercial area of Raleigh near Stage and Austin Peay Hwy. The tenant pays all utilities, licensing, insurance, lawn maintenance & interior repairs. The owner pays taxes & liability insurance. The property is in good condition with recent...Rental opportunity! Only the building is for sale. Currently, a long-term tenant is paying $1500 per month and is month to month operating a successful daycare. The property was previously used as a dental business; could also be a medical or office in a thriving commercial area of Raleigh near Stage and Austin Peay Hwy. The tenant pays all utilities, licensing, insurance, lawn maintenance & interior repairs. The owner pays taxes & liability insurance. The property is in good condition with recent improvements: the architectural roof was replaced 2018; HVAC was replaced 2021; the water heater in 2024; fresh exterior paint in 2024. Interior features include 2 large half bathrooms, with an open interior that could create 4-6 office spaces, plus additional space to create a kitchenette. Currently, there are 4 parking spaces on this corner lot with the potential for additional parking spaces. Call for details or to answer any questions.
- Listed by Cheryl Brogdon • KAIZEN Realty, LLC
Property Details for 4340 Fayette Road
Area
735A
StyleSoft Contemporary
MAAR Subdivision NameRALEIGH BLOCK I
Legal Subdivision NameRALEIGH
LISTING UPDATED: 11/02/2024 08:04 AM
Property Details for 4340 Fayette Road
| Status | Active |
|---|---|
| MLS # | 10182279 |
| Days on Market | 53 |
| Taxes | $1,998 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Detached Single Family / No |
| Year Built | 1973 |
| Lot Size | 0.15 AC / 6,534 SF |
| County | Shelby County |
Building Information for 4340 Fayette Road
Stories1Year Built1973Building Size-Lot Size0.15 AC / 6,534 SF
Property Information for 4340 Fayette Road
Summary
Location and General Information
- Address: 4340 FAYETTE RD
- Address Search Number: 4340
- Cross Street: Cela Rd
- Directions: From Covington Pike, head east on Stage Rd to Cela Rd, turn left. Property will be first building on the right. From Jackson, heading north from I-40, take old Austin Peay Hwy exit, turn right onto Fayette, before Stage, turn right to 4340 @ Cela Rd.
- Geo Match Code: 0
- Geo Matched Method: 0
- Geo Quality: .95
- Geo Update Timestamp: 09-30-2024
- Geo Zoom Level: 16.00
- Map Coordinate: A
- MLS Map Num: Covington Pike - South
- Neighborhood Association: None
Parking
- Attached Detached Parking: Detached
- Parking Display: 0D
- Parking/Storage: Parking Lot
Taxes and HOA Information
- LVT Date: 09-30-2024
Property
Lot Information
- Lot Size: 70 X 98
- Acreage: .15
- Lot Num: 2 & PT
- Lot Description: Level, Corner, Wood Fenced
- Parcel ID: 088005 00005
Property and Assessments
- Detached Unit Type: General Residential
- Flood Insurance Required: No
- Foundation: Slab
- Prop Construction Status: Existing Property
- Security: Dead Bolt Lock(s), Smoke Detector(s)
- Service Type: Full Service Listing
- Syndicate Listing To: Zillow Group
Utilities
- Cooling: Central
- Water & Sewer: Electric Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
- Exterior/Windows: Brick Veneer, Wood/Composition
- Misc Exterior: Porch, Wood Fence, Sidewalks
- Pool Description: None
- Roof: Composition Shingles
Interior Features
- Num of Fireplaces: 0.0
- Additional Br/Bath Info: Half Bath Down
- Apprx Heated Sq Ft Range: 1200-1399
- Bedrooms Down: 0.0
- Den Great Room Dimensions: 0x0
- Dining Room Dimensions: 0x0
- Floors/Ceilings: Tile
- Heating: Central, Gas
- Living Room Dimensions: 0x0
- Living/Dining/Kitchen: Other (See Remarks)
- Office Description: Level 1, Private Half Bath, Tile Floor
- Total Baths: 0
Property History for 4340 Fayette Road
| 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 4340 Fayette Road
Taxable ValueLand$7,040Additions$25,760Total$32,800
Tax Record2023$1,998 ($167 / month)
Home Facts
Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtStories1Lot Size6,839 SqFtStyleSchoolYear Built1973Year Renovated1982ZoningCMU-3CountySHELBYAPN088-005- - -00005Fireplace TypeHas Fireplace
Schools near 4340 Fayette Road
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 2 to 5 |
Rating | School | Distance |
|---|---|---|
Journey Coleman School CharterPK to 8 | ||
Craigmont Middle School Public6 to 8 | ||
Craigmont High School Public9 to 12 | ||
Spring Hill Elementary School Public2 to 5 |
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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Listing Courtesy of KAIZEN Realty, LLC