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1954 Manila Avenue, Memphis, TN, 38114
Renovated Triplex Investment

1954 Manila Avenue Memphis, TN 38114

For Sale
$499,000

Renovated triplex with three units, including two 2BD/1BA layouts and one 1BD/1BA unit.

Days on Market514

Property Features for 1954 Manila Avenue

General Information

Standard status
Active
Property subtype
Multi-Family / Converted House

Building Details

Year Built
1911
Listing Agency: Centric Realty LLC
Listed By: Anna Acosta Snyder
Source: Compass
Added: Feb 25, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:13AM

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 Centric Realty LLC


Investment Insights

Based on property information with market context.

This renovated triplex offers three residential units designed with full kitchens, living rooms, and dining areas. Two units are configured as 2BD/1BA, and the third unit is 1BD/1BA. Furnishings are available for purchase, which may support a turnkey setup for an operator.

The property is offered for sale and is currently described as a successful short-term rental operation. It also presents an opportunity to be used as long-term rentals and/or as an owner-occupied residence.

Each unit includes a complete functional layout for day-to-day living, with bedrooms and baths supported by kitchen, living, and dining space within the unit.

Key Highlights

  • Renovated triplex with 3 units: two 2BD/1BA layouts and one 1BD/1BA unit
  • Each unit includes a full kitchen, living room, and dining area
  • Built in 1911 with 9+ ft ceilings, drywall, and vinyl flooring

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Accounting Firm Dental Office (Bike/Boat/Book/etc) Store Home Appliance Store Pharmacy Nail Salon

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

FAQs

What type of property is this?
Triplex - Renovated triplex with three units, including two 2BD/1BA layouts and one 1BD/1BA unit.
Where is this triplex located?
The property is located at 1954 Manila Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Renovated triplex with 3 units: two 2BD/1BA layouts and one 1BD/1BA unit; Each unit includes a full kitchen, living room, and dining area; Built in 1911 with 9+ ft ceilings, drywall, and vinyl flooring
More about this property
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