1517 COURT AVE Memphis, TN $ 299,499
1517 COURT AVE
$ 299,499
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1517 COURT AVE

Memphis, TN, 38104
$ 299,499
Bedrooms6 Baths2.0 Sq 2,588

Monthly Estimate*

$ 2,069

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Multi-Family Home for sale in Memphis, TN

for $299,499 with 6 bedrooms and 2 full baths. This 2,588 square foot home was built in 1910.

PRICED BELOW MARKET!! Rare Multifamily Investment Opportunity!! Priced to sell! Fully leased Midtown duplex in Central Gardens generating $2,900/month in combined rent, with tenants in place through spring 2027. Skip the vacancy and renovation headaches: the downstairs unit is freshly renovated with all-new appliances, an updated kitchen and bath, new flooring, and fresh paint, while the upstairs features an updated bath, new dishwasher, energy-efficient windows, and fresh paint. Two 3BR/1BA units, approx. 2,588 SF, built in 1910, each with combined living/dining and a separate kitchen. Owner-owned appliances, including washer and dryer, convey. Fenced yard, driveway parking, and annual termite treatment in place. A walkable, high-demand rental location. Investment opportunities like this move fast.

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Multi-Family Active

Price

$ 299,499

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,918

Style

Traditional

Year Built

1910

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10228595

Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name COURTLAND PL
Style Traditional
Stories Count 2.5
County Shelby
Class Duplexes
Type Built as Duplex
Area 746B Central Gardens
Parcel Number 017031 00008
Sale/Rent For Sale
Status Detail 0
Year Built 1910
Directions Heading West on Poplar Avenue Turn Left on North Avalon St Right on Court Avenue and the property is on the left hand side of the street.
City Memphis
DOM 52
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Exterior
Foundation Partial Basement
Pool None
Lot 16
Lot Size 50X153
Lot Description Level Some Trees
Misc. Exterior Porch
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Interior
Hot Water Gas
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* Excluded Features
List By
Real Estate Agency

Broker

Affordability Calculator

$2,478
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,069
Monthly Property Taxes
$410
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/5/2026$299,499 -0.17% Price Down
9/21/2026$299,999 -7.69% Price Down
9/8/2026$324,999 -5.80% Price Down
8/18/2026$345,000 Listed Price

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1517 COURT AVE, Memphis, TN, 38104 is a Multi-Family Home for sale at $299,499 with 2,588 sqft. 1517 COURT AVE has 6 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 38104 which is in Memphis, TN