1335 Faxon Ave, Memphis, TN 38104

Value-Add Triplex Investment Opportunity Near Crosstown Concourse Located just blocks from the vibrant Crosstown Concourse, this 3-unit triplex offers the perfect blend of historic charm and value-add potential in the heart of 38104. Built in 1919 and spanning 2,667 sq ft, each unit features a 1-bed / 1-bath layout, ideal for long-term tenants or short-term rental strategies. The property is in need of renovations to significantly increase its value. With several renovated and newly developed properties within a half-mile radius, the surrounding neighborhood is on a strong upward trend. ARV: $300,000(conservatively). This is a rare opportunity to acquire a classic Midtown Memphis triplex at a steep discount with plenty of upside potential. Whether you're a buy-and-hold investor or looking for your next flip, this property checks all the boxes. Cash Only sold as-is. Do not disturb tenants. No showings without an accepted offer.