BEDS6
BATHS2.2
MLS#10220528
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHERITAGE COLONY 1ST ADD BLK B
Property Description
Attention Investors: Secure a high-potential asset with this turn-key duplex at 3762-3764 Ironwood Dr, perfectly positioned for immediate cash flow or a strategic "buy and hold" addition to your Memphis portfolio. This low-maintenance property features two spacious, well-maintained units with functional layouts and durable finishes designed to minimize turnover costs. Located in a high-demand rental pocket with easy access to major employment hubs and transit, this property offers a strong historical occupancy rate and significant upside potential for market rent adjustments. With ample off-street parking and a large lot, this is a rare opportunity to acquire a stabilized multi-family asset in an area showing consistent growth?don't miss out on this high-yield performer! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. 3762 - Leased thru 3/11/2027 at $899/m. 3764 - Leased thru 9/28/2027 at $895/m.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Heating: Central
Stories: 2.0
Year Built: 1972
Feature Descriptions
Days on Site: 32
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Part Carpet, Tile
Lot: Level
Parking: Driveway/Pad
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agency Title: Local Agency Realty Group
Agency Phone: 662-253-0808
Estimate Your Payment
Estimated Payment
$ 1,010.67 per month $961.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $49.29 Homeowner's Insurance
3762-3764 Ironwood Dr | MLS# 10220528
This multi-family property located at 3762-3764 Ironwood Dr, Memphis, TN 38115 is currently listed for sale with an asking price of $169,000. Search Memphis real estate on www.localagencyrealty.com today.