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Listing Detail - Nashville Home and Farms

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Memphis, TN 38104 1531 COURT AVE

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Presented By: eXp Realty, LLC
  • MLS# 10215994
  • 03/05/2026
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • SQFT • 2,580

Home Details

Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don’t come around often—don’t miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today!
Presented By: eXp Realty, LLC

Interior Features for 1531 COURT AVE

Bedrooms

# 1 Bedroom Units1
# 2 Bedroom Units2
# 3 Bedroom Units

Other Interior Features

Total # of Units3
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGSDry Wall, Hardwood Throughout, Tile, Vinyl Floor
Hot WaterPublic Sewer, Public Water

General for 1531 COURT AVE

AmenitiesBalcony/Patio, Drapes/Curtains, Maid Service, Wallpaper
Annual City Tax3809
Annual County Tax3970
Area746B
AreaCentral Gardens
COOLING SYSTEMS2+ Window Units per Unit, Central
CityMemphis
ClassMulti-Family
ConstructionVinyl Siding
CountyShelby
DOM69
DirectionsTurn left toward Stage Hill Rd. Turn right onto Stage Hill Rd. Turn right onto N Germantown Rd. Take ramp onto I-40 W. Continue on Sam Cooper Blvd. Turn left onto E Parkway N. Turn right onto Poplar
HEATING SYSTEMSCentral
Laundry Y/NWasher in Unit
Legal Subdivision NameCOURTLAND PL
OPERATING EXPENSESAccounting/Legal, Advertising, All Utilities, Insurance, License/Permits, Management, Other (Call LA), Payroll, Repairs/Maintenance, Services, Taxes, Trash Collection
Parcel Number017031 00011
RoofComposition, Pitched
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2.5
TypeTriplex
Year Built1910

Exterior for 1531 COURT AVE

FoundationConventional/Crawl Space, Partial Basement
Land SqFt7710
Lot13
Lot Size50X155
MISCELLANEOUS EXTERIORCeiling Fan(s), Historic District, Professional Landscaping, Sidewalks
Number of Buildings1
Parking FacilityGravel

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $373,000
MLS#10215994
List Date 03/05/2026
Property Type Multi-Family
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