2059 Oliver Ave - Multi-Family FOR SALE


Memphis, TN 38104- Cooper Young
$320,000 USD
901-273-6648
2059 Oliver Ave, Memphis, TN for Sale
$320,000 USD
Multi-Family - FOR SALE
1/24
null | Request Cap Rate

2059 Oliver Ave
Memphis, TN 38104
Cooper Young


OVERVIEW

Located in the heart of the Cooper Young Historic District, this beautifully renovated duplex blends modern updates with classic Midtown charm. Both units feature updated kitchens and bathrooms while retaining original architectural details that capture the character of the neighborhood. Just steps from Cooper Young’s vibrant restaurants, bars, and arts scene, the property is currently operating as a successful short-term rental, generating approximately $44,500 in income last year. The duplex includes: A spacious 1-bedroom, 1-bath unit A larger 3-bedroom, 2-bath unit Ideal for both short-term and long-term rental strategies, this property benefits from strong area demand and walkable amenities.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

2

PRICE/UNIT

$160,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

03-1125-0-0030

ASK ABOUT THIS PROPERTY

Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.