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Updated Duplex with Conversion Flexibility

3097 WAYNOKA AVE Memphis, TN 38111

3097 WAYNOKA AVE, Memphis, TN, 38111
$219,500
Pending
For Sale
$219,500
Pending

Updated multi-unit duplex currently configured as three units with multiple entry points and stairs for easy reconfiguration.

Days on Market593

Property Features for 3097 WAYNOKA AVE

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1950
Listing agency Coldwell Banker Collins-Maury
Listed by Katie Davidson · License #331430
Source Exitrealty
Added: Dec 6, 2024 Updated: Jul 21 at 7:51PM Checked: Jul 22 at 7:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Collins-Maury


Investment Insights

Based on property information with market context.

This updated duplex includes over $60,000 in improvements since 2022 and is currently configured as three units. The downstairs level features two front entries, with two-bed, one-bath layouts on each side. The two upstairs units each include two bedrooms, one bathroom, living space, and a kitchen, with access provided via front and back stairways.

The property is positioned for flexible occupancy, whether for future tenants or an owner-occupant arrangement. It also offers the potential to be converted back to four units with minimal changes.

The current layout provides clear separation across the downstairs and upstairs levels, with multiple entries and stair access supporting independent living arrangements while maintaining adaptable use.

Key Highlights

  • Duplex built in 1950, updated with over $60,000 in improvements since 2022.
  • Currently configured as 3 units, with flexibility to operate as one household.
  • Option to convert back to 4 units with minimal changes.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Restaurant Pet Grooming Service Wine and Liquor Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Updated multi-unit duplex currently configured as three units with multiple entry points and stairs for easy reconfiguration.
Where is this triplex located?
The property is located at 3097 WAYNOKA AVE Memphis, TN.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: Duplex built in 1950, updated with over $60,000 in improvements since 2022.; Currently configured as 3 units, with flexibility to operate as one household.; Option to convert back to 4 units with minimal changes.
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