Memphis, TN 38118,4447 SUMNERS WELLS RD
$118,000
$132,500
10.9%
Est.Price: ?

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4 BD
2 BA
1,799 SqFt

4447 SUMNERS WELLS RD Memphis, TN 38118

Est. payment /mo
SOLD DATE : 03/03/2025

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Key Details

Sold Price $118,000

Property Type Multi-Family

Sub Type Built as Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,799 sqft

Price per Sqft $65

Subdivision East Whitehaven Park

MLS Listing ID 10182586

Sold Date 03/03/25

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 1973

Annual Tax Amount $1,055

Property Sub-Type Built as Duplex

Property Description

This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market.

Location

State TN

County Shelby

Area Whitehaven/Tchulahoma

Rooms

Dining Room 0x0

Interior

Heating Central

Cooling Central Cooling

Flooring Other (See REMARKS)

Exterior

Exterior Feature Brick Veneer, Aluminum Window(s)

Parking Features Driveway/Pad

Pool None

Roof Type Composition Shingles

Building

Lot Description Level, Some Trees

Story 1

Water Gas, Individual System

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Randall C Weatherall • Memphis Metro Realty
Bought with Thomas Zettergren • Premier Realty Group, LLC

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agent

Jeff Jones

REALTOR | License ID: MS: B22247 / TN: 348971

+1(662) 736-5456

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