279 W PERSON AVE Memphis, TN $ 149,000
279 W PERSON AVE
$ 149,000
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279 W PERSON AVE

Memphis, TN, 38109
$ 149,000
Bedrooms4 Baths3.0 Sq 1,512

Monthly Estimate*

$ 930

279 W PERSON AVE, Memphis, TN 38109 - Image 1
279 W PERSON AVE, Memphis, TN 38109 - Image 2
279 W PERSON AVE, Memphis, TN 38109 - Image 3
279 W PERSON AVE, Memphis, TN 38109 - Image 4
279 W PERSON AVE, Memphis, TN 38109 - Image 5
279 W PERSON AVE, Memphis, TN 38109 - Image 6
279 W PERSON AVE, Memphis, TN 38109 - Image 7
279 W PERSON AVE, Memphis, TN 38109 - Image 8
279 W PERSON AVE, Memphis, TN 38109 - Image 9

Multi-Family Home for sale in Memphis, TN

for $149,000 with 4 bedrooms and 3 full baths. This 1,512 square foot home was built in 1913.

Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185 per month once fully occupied. This investment offers excellent cash flow and strong upside in an area with steady rental demand.

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Multi-Family Active

Price

$ 149,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 555

Style

Triplex

Year Built

1913

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10209345

Features
General
Roof Shingle/Shake
Construction Other (See Remarks)
Status Active Active
Legal Subdivision Name RIVERSIDE
Stories Count 1
County Shelby
Class Multi-Family
Laundry Y/N None
Type Triplex
Area 747A South Memphis/61 Hwy
Parcel Number 035017 00009
Sale/Rent For Sale
Status Detail 0
Year Built 1913
Directions From South Parkway West. Turn south on Kansas Street. Drive .4 miles turn right on West Person. Property is .4 miles on left
City Memphis
DOM 32
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Exterior
Foundation Conventional/Crawl Space
Lot 1
Number of Buildings 1
Lot Size 42X106
Parking Facility Offsite/Street
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
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Best Real Estate Company

Broker

Affordability Calculator

$976
Per Month
95%
5%
0%
Monthly Principal & Interest
$930
Monthly Property Taxes
$46
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$149,000 Listed Price

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279 W PERSON AVE, Memphis, TN, 38109 is a Multi-Family Home for sale at $149,000 with 1,512 sqft. 279 W PERSON AVE has 4 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 38109 which is in Memphis, TN