Property profile

241 Edgewood Ave Memphis, MO 63555

OFF-MARKET
Land
Property ID
US48-2468464
7.4 ac lot
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Property summary

AI-generated overview

This exceptional 7.4-acre property in Memphis, Missouri, presents a unique opportunity to own a charming home nestled amidst a picturesque landscape. The two-story home, built in 1900 and boasting 1,798 square feet of living space, has undergone tasteful updates throughout the years. These improvements include vinyl windows and siding, a remodeled kitchen and bathrooms, updated flooring, and a new front porch (April 2022) and two new garage doors (2024). The home features five bedrooms and two bathrooms, providing ample space for family and guests. A two-car detached garage offers convenient parking and storage. The property's 7.4 acres offer a blend of open fields and timber, providing privacy and potential for various uses, including livestock or additional structures. The home includes propane heat with a wood-burning option and central air conditioning. Enjoy stunning southern views from the upstairs bedrooms, overlooking crop fields and the North Fabius River bottom. Located in the heart of Memphis, Missouri, this property offers the tranquility of country living while being close to amenities such as Scotland County Hospital, Scotland County R1 schools, and various local businesses. The property's location in Scotland County provides easy access to a thriving community with a small-town feel. This rare opportunity combines the charm of a beautifully updated home with the spaciousness of a sizable, versatile lot.

Property profile

Verified
Property type Land
Lot 7.4 ac (322,344 SF)
UPID US48-2468464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

241 Edgewood Ave Memphis, MO 63555
Memphis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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