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3468 BOWEN AVE Memphis, TN $ 199,900
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3468 BOWEN AVE
$ 199,900
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3468 BOWEN AVE

Memphis, TN, 38122
$ 199,900
Bedrooms4 Baths4.0 Sq 1,296

Monthly Estimate*

$ 1,231

3468 BOWEN AVE, Memphis, TN 38122 - Image 1
3468 BOWEN AVE, Memphis, TN 38122 - Image 2
3468 BOWEN AVE, Memphis, TN 38122 - Image 3
3468 BOWEN AVE, Memphis, TN 38122 - Image 4
3468 BOWEN AVE, Memphis, TN 38122 - Image 5
3468 BOWEN AVE, Memphis, TN 38122 - Image 6
3468 BOWEN AVE, Memphis, TN 38122 - Image 7

Multi-Family Home for sale in Memphis, TN

for $199,900 with 4 bedrooms and 4 full baths. This 1,296 square foot home was built in 1925.

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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Multi-Family Active

Price

$ 199,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,790

Style

Year Built

1925

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10224308
Features
General
Roof Shingle/Shake
Zoning RU-1
Construction Wood/Composition
Status Active Active
Legal Subdivision Name HIGHLAND HEIGHTS BLK 14
Stories Count 1.1
County Shelby
Class Multi-Family
Laundry Y/N Common Laundry
Type Other (See REMARKS)
Area 751B Midtown/Holmes
Parcel Number 038040 00022
Sale/Rent For Sale
Status Detail 0
Year Built 1925
Directions Driving W on Summer Ave. take a right onto National then a left onto Bowen. The property is on the right.
City Memphis
DOM 0
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Exterior
Foundation Conventional/Crawl Space
Lot W PT 13
Number of Buildings 3
Lot Size 50X200
Parking Facility Asphalt/Blacktop Offsite/Street
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Interior
Hot Water Gas Public Sewer Public Water
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* Excluded Features
List By
Memphis Metro Realty

Broker

Affordability Calculator

$1,380
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
6/18/2026$199,900 Listed Price

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3468 BOWEN AVE, Memphis, TN, 38122 is a Multi-Family Home for sale at $199,900 with 1,296 sqft. 3468 BOWEN AVE has 4 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 38122 which is in Memphis, TN

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