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Triplex with Detached Garage Apartment
For Sale
$279,900

2006 Felix Avenue, Memphis, TN 38104

Three separate living units include a detached garage apartment and distinct access arrangements.

Property Size7,536 SF
Price / SF$37.14
Days on Market173

Property Features for 2006 Felix Avenue

General Information

Standard status Active
Size 7,536 SF
Property subtype Residential / Detached Single Family / No

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,777

Amenities

Other (See REMARKS)
In Living Room
Laundry Room
2
2.0
Hardwood Throughout, Part Hardwood, Tile
Cable Available
12x15
Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
1 Bath, 3rd Bedroom
14x14
15x17
Separate Living Room, Separate Dining Room, Eat-In Kitchen
15x14
16x15
Primary Down
Composition Shingles
Porch, Garage Apartment
All Window Treatments
Wood/Composition, Wood Window(s), Double Pane Window(s)

Building Details

Year Built 1912
Buildings 2
Listing Agency: Keller Williams
Listed By: Jeffry Goff
Source: Compass
Added: Mar 13 Changed: Aug 31 Last Checked: Aug 31 at 1:43AM

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 Keller Williams

Investment Insights

Based on property information with market context.

This 7,536-square-foot triplex, built in 1912, contains three separate living units. The main-level residence has two bedrooms and one bathroom, while the upstairs unit provides one bedroom, one bathroom, and a private side entrance. A detached garage adds an apartment above with another bedroom and bathroom, creating a distinct configuration from the primary structure.

Interior finishes include tile and wood laminate flooring, and the exterior uses composition materials. The property is located near shopping, dining, and main commuter routes in Memphis, Tennessee.

Key Highlights

  • Three separate living units within a triplex configuration
  • 7,536 square feet; built in 1912
  • Main‑level 2‑bedroom, 1‑bath unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Accounting Firm Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate living units include a detached garage apartment and distinct access arrangements.
Where is this triplex located?
The property is located at 2006 Felix Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Three separate living units within a triplex configuration; 7,536 square feet; built in 1912; Main‑level 2‑bedroom, 1‑bath unit
More about this property
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