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6 Beds
2 Baths
2,588 sqft

$299,499

1517 COURT AVE, Memphis TN, 38104

Price per sqft$115.73
Built in1910
Property size2,588 sqft
Property typeMulti-family

Overview

Active

Listed Aug 17, 2026

Updated 8 days ago

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.

$1,993/mo

Est. mortgage payment based on a $299,499 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10228595

Interior Features

Bedrooms
6
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listed by Erica Martin with Real Estate Agency
Listing Contact: 901-359-8976 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 10/6/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

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Data last updated on 10/6/2026 at 3:43 AM UTC

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