Great investment for the savvy landlord. Four units. Two units up and two units down. Unit 3 is vacant and is used as an Air BNB. Each unit has one bedroom, one full bath, eat in kitchen and a laundry room. Showings need to be scheduled 24 hours in advance if unit 1, 2, and 4 are to be seen. Unit 3 can be seen anytime. The two units upstairs has a small balcony to the outside. Off the laundry room is a back door that leads downstairs to the rear parking lot.
Property Details
Property Features
Property Information:
Architectural Style: Soft Contemporary
Year Built: 1922
Stories: 2
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Interior Features
Interior Information:
Appliances: Range, Oven, Gas Range, Refrigerator, Washer, Dryer
Exterior: Wrought Iron Security Drs, Porch, Balcony, Sidewalks
Parking Information:
Parking: Driveway/Pad, Parking Lot
Lot Features
Lot Information:
Lot: Few Trees, Level, Fencing
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air, Ceiling Fan(s)
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: From the intersection of Sam Cooper Blvd and North Parkway, Head North on North Parkway, then turn right onto Forrest Avenue. The property will be on the right side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $399,000
Tax Information:
Annual Amount: $4,813
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school3.21 miles
Public District Grades 6-12
Nearby Schools
5
/10
Brewster Elementary School
2605 Sam Cooper Blvd
Distance between this listing and this school0.44 miles
Public Magnet Grades PK-5
5
/10
Springdale Elementary School
880 N Hollywood St
Distance between this listing and this school0.72 miles
Public Magnet Grades PK-5
3
/10
Cornerstone Preparatory - Lester Campus
320 Carpenter St
Distance between this listing and this school1.10 miles
Public Charter Grades PK-5
Nearby Schools
3
/10
Snowden School
1870 North Pw
Distance between this listing and this school1.01 miles
Public Magnet Grades PK-8
3
/10
Kipp Memphis Middle Academy
2110 Howell Ave
Distance between this listing and this school1.28 miles
Public Charter Grades 5-6
5
/10
Kipp Memphis Collegiate Middle School
2110 Howell Ave
Distance between this listing and this school1.28 miles
Public Charter Grades 5-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school3.21 miles
Public District Grades 6-12
Nearby Schools
3
/10
Kipp Memphis Collegiate High School
2110 Howell Ave
Distance between this listing and this school1.28 miles
Public Charter Grades 9-11
7
/10
Middle College High School
750 E Parkway S
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $17,273. Most Memphis, TN residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2391 Forrest Ave
What is the listing price of this property?
The listing price of 2391 Forrest Ave property is $399,000.
What type of property is this?
The property 2391 Forrest Ave is a house located in Memphis, Tennessee, 38112.
Is this property for sale now?
Active Listing: 2391 Forrest Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2391 Forrest Ave are: Memphis Virtual School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,813 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 27, 2006 for $94,700. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2391 Forrest Ave has 4 bedrooms and 4 bathrooms.
Which year was this property built?
The year of construction for 2391 Forrest Ave is 1922.
This home is located at 2391 Forrest Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1922, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $399,000.
In April 2024 more than 75 listings in Memphis, TN were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 272 were sold below. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.
From Rocket Homes Real Estate and based on county public records data.