Just Listed
Address
3017 Gulf Ave, Memphis, TN
Price
$ 65,000
Property Attributes
  • MLS#10231259
  • TypeCondos
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaPendleton-Park
  • NeighborhoodCHEROKEE
  • Zip38114
  • StyleTraditional
  • Year Built1950
  • Taxes$ 1415
  • Price$ 65,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage576
  • Lot Size5.93 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $750/ month in rental income, with the current lease running through 04/30/2027. OWNER FINANCING AVAILABLE! Terms available upon request. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale or assignment offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Price History
9/28/2026 Listed $65,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name CHERRY PARK CONDOMINIUMS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Attached Single Family
Condo Yes
Area 757F
Unit Number 7
Parcel Number 059016 00177
Status Active
Annual City Tax 693
Annual County Tax 722
Monthly Maintenance Fee 60
Sale/Rent For Sale
Area Pendleton/Park
Service Type Full Service Listing
Condominium Association Yes
Year Built 1950
Directions From Kimball Ave head South on Semmes St; property on right.
City Memphis

Interior Features

Living Room Separate Dining Room
Beds 1
Total Baths 1
Number of Rooms 3
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor
Condo Amenities Other (See REMARKS)

Exterior Features

Pool None
Lot UNIT 7
Lot Size Area 5.93
Lot Size 749
Parking Display No
PARKING/STORAGE Street Parking Only
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 38114

Price
AVG $70K
$70K
Taxes
AVG $864
$1,415
Year Built
AVG 1950
1950

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