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234 W Person Ave, Memphis, TN 38109, USA


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Great opportunity for a flip or rental in the 38109 zipcode. 3 bed/2 bath at 1540 sqft has good bones but will need a full rehab. The home sits on a corner lot with surrounding properties in decent shape. Only 5 minutes from downtown. The property has been vacant for 3 years and the doors/ windows are boarded up as a precaution to squatters. This is an assignment of contract. For access to the property please give me a call at 720-281-4532. Address: 234 Person Ave Memphis TN 38109 Purchase price- $27k Repairs estimate-$61,000 ARV- $130,900 Comps: 1. 251 W Waldorf Ave Memphis, TN- sold on 2/16/23 for $122,100 at $84 per sqft. 3bed/2bath 1,452sqft 2. 263 Edsel Ave Memphis, TN- sold on 1/20/23 for $112,500 at $82 per sqft. 3 bed/2bath 1,370 sqft Blessings