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1844 Cowden Rd

Memphis, TN 38104
  • $475,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: 10214593
UPDATED: 51 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

$47,000 in gross net income from this property alone. Downstairs unit is beautifully updated 3 bedroom, 2 baths, with gorgeous kitchen, large dining room, living room with non function but cozy fireplace. Downstairs is fully occupied with Lease until May 2027 paying $2650 per month. Upstairs is large one bedroom *could be 2, and one bath, enormous kitchen. Upstairs occupied with one year lease (Feb 2037) at $1300. Replaced roof 2023 as well. This property (both units) has not ever been vacant. Great turnover. Landlord pays for water and yard but each unit has their own meter and tenants pay for gas and electric. Seller has 525 Rienzi for sale as well and can sell both as portfolio for $$850k

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© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-08T10:03:19.227.
www.annasnyderhomes.com/homes/173034932
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1844 Cowden Rd Memphis, TN 38104

  • Price: $475,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 51 min ago
  • ID#: 10214593
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1915
Built
Neighborhood:
Central Gardens
County:
Shelby
Area:
Central Gardens
Property Description
$47,000 in gross net income from this property alone. Downstairs unit is beautifully updated 3 bedroom, 2 baths, with gorgeous kitchen, large dining room, living room with non function but cozy fireplace. Downstairs is fully occupied with Lease until May 2027 paying $2650 per month. Upstairs is large one bedroom *could be 2, and one bath, enormous kitchen. Upstairs occupied with one year lease (Feb 2037) at $1300. Replaced roof 2023 as well. This property (both units) has not ever been vacant. Great turnover. Landlord pays for water and yard but each unit has their own meter and tenants pay for gas and electric. Seller has 525 Rienzi for sale as well and can sell both as portfolio for $$850k
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Wood/CompositionStuccoWood Window(s) Foundation Partial Basement Lot Description Other (See Remarks) Lot Size 60X120 Misc Exterior Porch Parking Driveway/Pad Parking Display N0 Pool Description None Roof Composition Shingles Style Bungalow

Interior Features

Appliances Equipment RefrigeratorRange/Oven (Freestanding)DisposalDishwasherMicrowave Cooling 220 WiringCentral Cooling Fireplaces 1 Floors And Ceilings Hardwood ThroughoutSmooth Ceiling9 or more Ft. Ceiling Heating CentralGas Hot Water Gas Unit1 Dining AreaEat-in KitchenPantry in KitchenSeparate Dining RoomSeparate Living RoomUpdated/Renovated Kit Unit1 Bedroom2 Dimension 13x13 Unit1 Bedroom3 Dimension 15x10 Unit1 Bedrooms 3 Unit1 Bedrooms Down 3 Unit1 Den Dimensions 14x12 Unit1 Dining Room Dimension 13x11 Unit1 Full Baths 2 Unit1 Half Baths 0 Unit1 Living Room Dimension 0x0 Unit1 Primary Dimension 17x10 Unit1 Sq Ft Heated 1800-1999 Unit1 Total Baths 2 Unit2 Eat-in KitchenPantry in KitchenSeparate Living Room Unit2 Bedrooms 1 Unit2 Bedrooms Down 0 Unit2 Den Dimension 0x0 Unit2 Dining Room Dimension 0x0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Living Room Dimension 17x10 Unit2 Primary Dimension 13x15 Unit2 Sq Ft Heated 1200-1399 Unit2 Total Baths 1

Property Features

Annual City Tax 4028 Annual County Tax 4199 Annual Insurance Expenses 1772 Cross Street McLean Duplex Type Single Family Conversion Flood Insurance Required No Historic District Annesdale-Snowden HP Legal Subdivision Name E ANNESDALE Lot Number E PT 2 New Financing ConventionalFHAVA Percent Occupancy 100 Tenants Pay All Utilities Termite Contract Yes Type Of Leases Year Unit1 Monthly Rent 2650 Unit2 Monthly Rent 1300 Warranty And Possession Addendums LA to Hold Earnest MoneyTenants Rights

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Ware Jones, REALTORS: 901-450-4011.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-08T10:03:19.227.
 
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Anna Acosta Snyder | Centric Realty, LLC
813 Ridge Lake Blvd.
Memphis TN, 38120