19 S MERTON ST, Memphis, TN 38112

$260,000 Asking Price

4 beds
2 baths
Built in 1940

Amazing Midtown Opportunity! Main house is 3/1 with new appliances, roof, & HVAC in '21 & separate studio apartment that has bedroom, kitchen, & bath plus its being sold FULLY FURNISHED! Currently an AirBnb this could be sold to an owner occupant buyer or investor. Live in Main House & rent apartment to guests & have them pay your mortgage! New sewer line '22, ONLINE VIDEO WALK-THRU AVAILABLE. Excellent House Hack Option; grossed $59K in rental income in 2023! Seller selling other Airbnbs too!

Features & Amenities

Interior

Rooms:
6
Flooring:
Part Hardwood,Wood Laminate Floors,Tile
A/C:
Central
Heating:
Central

Exterior

General:
Brick Veneer,Wood/Composition,Aluminum/Steel Siding, Porch,Patio,Garage Apartment,Wood Fence,Sidewalks
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Central Gardens

Lot

Zoning:
028047 00050

Utilities

Water:
Public Water,Public Sewer
Sewer:
Public Water,Public Sewer

Financial

Listing Agent Compensation:
3 Percent

This listing courtesy of:
Crye-Leike, Inc., REALTORS

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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