1335 FAXON AVE, Memphis, TN 38104 (MLS # 10206739)
Twitter
Facebook
Email
|
Value-Add Triplex Investment Opportunity Near Crosstown Concourse Located just blocks from the vibrant Crosstown Concourse, this 3-unit triplex offers the perfect blend of historic charm and value-add potential in the heart of 38104. Built in 1919 and spanning 2,667 sq ft, each unit features a 1 bed / 1 bath layout,ideal for long-term tenants or short-term rental strategies. The property is in livable condition and ready for immediate occupancy or renovations to significantly increase value. With several renovated and newly developed properties within a half-mile radius, the surrounding neighborhood is on a strong upward trend. ARV: $300,000(conservatively) This is a rare opportunity to acquire a classic Midtown Memphis triplex at a steep discount with plenty of upside potential. Whether you're a buy-and-hold investor or looking for your next flip, this property checks all the boxes.
| DAYS ON MARKET | 1 | LAST UPDATED | 9/30/2025 |
|---|---|---|---|
| TRACT | SPEEDWAY TERR BLK B | YEAR BUILT | 1919 |
| COMMUNITY | Overton Park | GARAGE SPACES | 2.0 |
| COUNTY | Shelby | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Overton Park |
| GARAGE | Yes |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Wooded |
| PARKING | Driveway |
| POOL | Yes |
| POOL DESCRIPTION | Community |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | SPEEDWAY TERR BLK B |
| TAXES | 2506 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Carey
Collins to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Renshaw Company, REALTORS
Copyright© 2025 Memphis Area Association of REALTORS®. The information provided is for the consumer’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
This IDX solution is (c) Diverse Solutions 2025.