OfferMarket

2533 School Ave, Memphis, TN 38112, USA

$82,500

Drag 'n' drop pictures here, or click to select from computer

Picture of undefined, number 0
Picture of undefined, number 1
Picture of undefined, number 2
Picture of undefined, number 3
Picture of undefined, number 4
Picture of undefined, number 5
Picture of undefined, number 6
Picture of undefined, number 7
Picture of undefined, number 8
Picture of undefined, number 9

Photos of the property

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

🔥 Flip / BRRR Opportunity – Memphis, TN (38112)

📍 2533 School Ave, Memphis, TN 38112

💰 Asking / Assignment Price: $82,500
📈 ARV: ~$249,000
🛠️ Estimated Rehab: ~$80,000
💵 Projected Gross Profit: ~$59,000+
🚚 Vacant | Ready to Close

3 Beds | 1 Bath | 1,242 SqFt
🏡 Single-Family | Built 1920
🌳 Lot Size: 9,757 SqFt
🚗 Carport + Attached Garage
🔥 Fireplace | Partial Basement

This vacant single-family home sits in a strong 38112 Memphis pocket and offers excellent upside for experienced investors. The property requires a full rehab and is ideal for a fix & flip or BRRR strategy. There’s also potential to convert to a 4-bedroom Section 8 rental, increasing long-term cash flow.

🏡 Property Highlights:

  • Large lot and solid footprint

  • Partial basement adds flexibility

  • Fireplace for resale appeal

  • Garage + carport

  • Crawlspace foundation in good condition

🛠️ Condition Overview:

  • Major / full rehab required

  • Roof approx. 4–10 years old

  • Central AC present

  • Solid foundation reported

💡 Why This Deal Works:

  • Strong ARV near $250K

  • Clear value-add through rehab

  • Multiple exit strategies (flip, BRRRR, Section 8)

  • Vacant → no delays

🔥 Solid numbers, strong upside, and ready to move — submit your offer and lock in this Memphis opportunity.

Need Financing

Get instant loan quote
 

⚠️ OfferMarket listings are third-party listings. For your safety, please use the "Talk to Seller" feature built into each listing. This allows our team to review communications and helps prevent scams on the platform.

Resources:

Ready to invest? OfferMarket is a real estate investing platform featuring off-market deals, private lending, investment property insurance. Get instant loan quote and pre-approval for this listing. Start exploring deals now!