743 Shotwell Street Memphis, TN 38111

Building Details

Year Built

1945

Listing agency Sowell, Realtors l***@sowellrealtors.com Show Phone

Listed by Linda Sowell Show Phone

Source Compass

Added: Feb 11 Updated: Jul 21 at 7:13PM Checked: Jul 21 at 7:13PM

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Investment Insights

Based on property information with market context.

This fully renovated triplex has been completed by a licensed general contractor within the past year. Improvements include a roof approximately 10 years old, new tankless water heaters, and updated HVAC in the 3BR unit. The property features new kitchen cabinets with granite counters, updated electrical outlets and switches throughout (with panels brought up to code), and new lighting throughout. Bathrooms have been updated with pedestal sinks and solid tub surrounds. Plumbing improvements include all new plumbing and a new main water supply to the meter, along with washer/dryer hookups for all units.

The 3BR unit includes nail-down hardwood floors, while the efficiency units have vinyl plank or stained concrete flooring. Interior and exterior paint and new window treatments are also in place, and the property has a fenced yard with mature trees.

All three units benefit from the property-wide updates to electrical, lighting, plumbing, and finishes, supporting a turnkey residential income setup.

Key Highlights

• Triplex near University of Memphis, recently renovated by a licensed general contractor 1 year ago
• Newer roof: composition roof approx. 10 years old
• New tankless water heaters and new plumbing, including main water supply to the meter

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FAQs

What type of property is this?

Triplex - Recently renovated triplex with updated kitchens, new mechanicals, fenced yard, and washer/dryer hookups for all units.

Where is this triplex located?

The property is located at 743 Shotwell Street Memphis, TN.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Triplex near University of Memphis, recently renovated by a licensed general contractor 1 year ago; Newer roof: composition roof approx. 10 years old; New tankless water heaters and new plumbing, including main water supply to the meter