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279 W Person Ave

Memphis, TN 38109
  • $149,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 10209345
UPDATED: 48 min ago
$149,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Description

Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185 per month once fully occupied. This investment offers excellent cash flow and strong upside in an area with steady rental demand.

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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: 2026-01-20T22:03:13.7.
www.annasnyderhomes.com/homes/169730658
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279 W Person Ave Memphis, TN 38109

  • Price: $149,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 48 min ago
  • ID#: 10209345
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Riverside
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185 per month once fully occupied. This investment offers excellent cash flow and strong upside in an area with steady rental demand.
Exterior Features

Buildings 1 Construction Other (See Remarks) Foundation Conventional/Crawl Space Lot Size 42X106 Parking Facility Offsite/Street Roof Shingle/Shake

Interior Features

Cooling Systems Other (See Remarks) Floors And Ceilings Other (See Remarks) Heating Systems Other (See Remarks) Hot Water Other (See REMARKS) Laundry None

Property Features

1 Bedroom Units 2 2 Bedroom Units 1 3 Bedroom Units 0 Annual City Tax 269 Annual County Tax 286 Assumption Other (Call LA) Efficiency Studio Units 0 Existing Financing Other (See REMARKS) Legal Subdivision Name RIVERSIDE Lot Number 1 Multifamily Type Triplex New Financing Cash OnlyOther (Call LA) Operating Expenses Other (Call LA) Other Units 0 Possession At Closing Sale Includes Building and LandOther (See REMARKS) Source Of Info Owner Tenant Pays Other (Call LA) Type Of Leases MonthlyYear Type Of Units 1 BR - 1 Bath2 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of BEST Real Estate Company: 901-407-2177.



© 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: 2026-01-20T22:03:13.7.
 
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Anna Acosta Snyder | Centric Realty, LLC
813 Ridge Lake Blvd.
Memphis TN, 38120