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3 Beds
1,296 sqft

$198,900

3468 BOWEN AVE, Memphis TN, 38122

Price per sqft$153.47
Built in1925
Property size1,296 sqft
Property typeMulti-family

Overview

Active

Listed Jun 18, 2026

Updated 10 days ago

ALL 4 units rented! Total monthly income right now is $3200! The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed prior to lease. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone! Owner pays utilities; rents include utilities payments by tenants. Do not disturb tenants.

$1,323/mo

Est. mortgage payment based on a $198,900 home price.

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

Additional information

MLS® ID
10224308

Interior Features

Bedrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres
MLS provider logo

Listed by Randall Weatherall with Memphis Metro Realty
Listing Contact: 731-487-5843 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 9/29/2026. 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 9/29/2026 at 8:48 PM UTC

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