Courtesy of Real Estate Agency, Erica Martin , 901-359-8976

1517 COURT AVE, Memphis, Tennessee, 38104

Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new appliances, updated kitchen, new flooring, fresh paint, and updated bath; upstairs unit received fresh paint, new dishwasher, energy-efficient windows, and updated bath. All owner-owned appliances (refrigerator, range/oven, dishwasher, washer, dryer, vent hood) convey. Fenced yard, driveway parking, walkable location near Midtown. Currently producing $2,900/month combined rental income with active leases in place. Annual termite treatment maintained. Listing agent must accompany all showings; tenant-occupied, advance notice required, mornings preferred.

Active

$345,000

Multi-family

MLS

10228595

2.5 Stories

Built in 1910

COURTLAND PL

2408 ()

Disclaimer: The information contained in this listing has not been verified by Real Estate Agency and should be verified by the buyer.

Information provided by MAAR

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ADDRESS & DIRECTIONS

  • Street Address: 1517 COURT AVE
  • City: Memphis
  • State: Tennessee
  • County: Shelby
  • Subdivision: COURTLAND PL
  • Directions:
    Heading West on Poplar Avenue, Turn Left on North Avalon St, Right on Court Avenue and the property is on the left hand side of the street.

PROPERTY FEATURES

General Information

  • Style: Traditional

Heating /Cooling Features

  • Heating : Central
  • Hot Water : Gas
  • Cooling : Central Cooling

Rooms Information

  • Unit 1 Type : Separate Dining Room,Separate Living Room
  • Unit 1 Total Bathrooms : 1
  • Unit 1 Full Bathrooms : 1
  • Unit 1 Total Bedrooms : 3
  • Unit 2 Type : Separate Dining Room,Separate Living Room
  • Unit 2 Total Bathrooms : 1
  • Unit 2 Full Bathrooms : 1
  • Unit 2 Total Bedrooms : 3

Interior Features

  • Floors/Ceilings : Part Hardwood,Wood Laminate Floors,Part Carpet,Tile,Vinyl Floor

Parking Features

  • Parking Description : Driveway/Pad
  • Parking Display : N

Construction Features

  • Foundation : Partial Basement

SCHOOLS NEAR 1517 COURT AVE

  • Courtesy of Real Estate Agency, Erica Martin
  • Property last updated on MAAR : 8/18/2026 3:45:22 AM