For sale

$65,000

3017 Gulf Ave #7, Memphis, TN 38114

1beds

576sqft

$479/mo

Get pre-qualified

Condominium

Built in 1950

-- sqft lot

$-- Zestimate^®

$113/sqft

$-- HOA

What's special

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 1-bedroom, 1-bath single-family home is currently generating $750/ month in rental income, with the current lease running through 04/30/2027. OWNER FINANCING AVAILABLE! Terms available upon request. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale or assignment offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

1 day
21
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl
Has fireplace: No
Common walls with other units/homes: End Unit

Interior area

Total interior livable area: 576 sqft

Property

Parking

Parking features: Street Parking Only

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Size: 5.93 Acres
Dimensions: 749

Details

Parcel number: 059016 00177

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick Veneer

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Features: Other (See REMARKS)
Subdivision: Cherry Park Condominiums

Location

Region: Memphis

Financial & listing details

Price per square foot: $113/sqft
Annual tax amount: $1,415
Price range: $65K - $65K
Date on market: 9/28/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/28/2026	Listed for sale	$65,000-7.1%$113/sqft
Source: MAAR #10231259 Report a problem
11/14/2025	Listing removed	$70,000$122/sqft
Source: MAAR #10187414 Report a problem
5/6/2025	Price change	$70,000-17.6%$122/sqft
Source: MAAR #10187414 Report a problem
1/2/2025	Listed for sale	$85,000+21.4%$148/sqft
Source: MAAR #10187414 Report a problem
11/21/2022	Sold	$70,000$122/sqft
Source: MAAR #10138047 Report a problem