3789 Jasmine Dr, Memphis, TN 38115

3 beds2 baths1,300 sqft

For Sale by Owner
$64,000
Zestimate®: $60,762
Est. Mortgage
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Estimated Monthly Payment

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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

If your home facts are wrong this will cause an incorrect Zestimate, click here to update them.

My Notes

Edit

Collect $1,300/month OR MORE on this
2-Unit Property in Memphis, TN!
? Are you looking for real passive income?
? Are you looking to multiply your returns in real estate?
? Tired of competing over single family units?
For less than the price of many Single Family Homes, you can have 2 income-producing units!
PRICED TO MOVE QUICKLY: $64,000
Don?t miss out!
This multifamily property offers multiple money-generating strategies:
? Pro Forma Cap Rate 13%
? Stable Property in hot rental area
? No repairs needed
? Priced to MOVE
? Great Community
? Fully occupied
? Both units are 2 bedroom / 1 bath
? Perfect multifamily deal
? Even more possible value plays!
This is an off-market deal.
For IMMEDIATE DELIVERY of the Property Package:
Option 1: Text your name & email to 901-290-1430 and a packet will be emailed within 10 minutes
Option 2: Dial the voice box at 901-290-1430 and speak ONLY your name & email ? a packet will be emailed within 10 minutes
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Facts

  • Lot: 9,583 sqft
  • Single Family
  • Built in 1979
  • Less than 1 day on Zillow
  • Views: 3,053 all time views
  • 3 shoppers saved this home
  • Cooling: Other
  • Heating: Forced air
  • Last sold: Nov 2012 for $63,000
  • Last sale price/sqft: $48

Features

  • Fireplace

      Additional Features

      • Heat - gas

      Room Types

      • Laundry room

      Construction

      • Exterior material: Brick
      • Roof type: Shake Shingle
      • Room count: 12
      • Stories: 1
      • Structure type: Other

      Other

      • Floor size: 1,300 sqft
      • Lot depth: 130 ft
      • Lot width: 75 ft
      • Parcel #: 093417 F00006
      • Zillow Home ID: 42337056

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $60,762
      +$1,782 Last 30 days
      $53K
      $69K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $910/mo
      -$4 Last 30 days
      $764
      $1.1K
      Zestimate range

      Comparable Homes

      Homes like this sold for $37-95K.

      $30K
      $100K

      Popularity on Zillow

      Trending! This home is one of the top 10% most visited in the neighborhood this week.

      84 views since listing
      3,053 all-time (chart)
      3 shoppers saved
      this home to their list of favorites

      Mortgages

      Neighborhood: Hickory Ridge-South Riverdale

      Zillow predicts Hickory Ridge-South Riverdale home values will increase 2.2% next year, compared to a 2.5% increase for Memphis as a whole. Among Hickory Ridge-South Riverdale homes, this home is 17.4% less expensive than the midpoint (median) home, but is priced 2.1% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Hickory Ridge-South Riverdale, the number of foreclosures waiting to be sold is 104.9% greater than in Memphis, and 337.1% higher than the national average. This higher local number may prevent Hickory Ridge-South Riverdale home values from rising as quickly as other regions in Memphis.
        read more Less 

      Nearby

        For Sale

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        Rentals

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        Nearby Schools in Memphis

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org