new - 5 days on rocket

2312-2314 Norman Ave, Memphis, TN, 38108

$120,000

Home List Price

$1,425*

Closing Credit

0 Baths
Multi

Location

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2312-2314 Norman Ave, Memphis$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #10185303
StatusActive

About 2312-2314 Norman Ave

Great Occupied Investment Opportunity! This Duplex property is 2 bed 1 bath per side, fully occupied, $1250 per month, $650 and $600 per month until 9/22/2026 and 4/14/2025 with multi-year tenant. This property was newly renovated in 2024, new LVP flooring, kitchen upgrades including new appliances on one side, fresh painted cabinets, new counter tops, bathroom updated and fresh paint. Your cash flowing investment opportunity awaits. Do not disturb tenants, No wholesale or creative financing offers. No showings without an accepted offer. Freshly renovated, updates include new HVAC system, new hot water heater, granite kitchen countertops, new cabinets, new flooring, and freshly painted throughout.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See REMARKS)
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Foundation Property Management

Interior Features

Interior Information:

  • Flooring Type: Vinyl Floor

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-40 E and Chelsea Ave to Boxwood St 9 min Head east on Poplar Ave toward N B.B. King Blvd 197 ft Turn left onto N B.B. King Blvd 0.2 mi Turn right to merge onto I-40 E toward Nashville Continue on Boxwood St. Drive to Norman Ave 1 min

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

2312-2314 Norman Ave vs Memphis

5 DAYS ON ROCKET

$120,000

-$70.4K Less

KEY TAKEAWAY

This property is $70.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185303

Listing Office:

  • Office Name: Foundation Property Management

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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NMLS#3030

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.

Nearby Schools

school-card-donut-193056
4
/10

  • Promise Academy

  • 1346 Bryan St

  • 0.14 miles

  • Public Charter Grades KG-5

school-card-donut-193057
4
/10

  • Kipp Memphis Academy Elementary School

  • 2248 Shannon Ave

  • 0.73 miles

  • Public Charter Grades PK-4

school-card-donut-193058
5
/10

  • Springdale Elementary School

  • 880 N Hollywood St

  • 0.85 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,273. 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

Rocket Homes›Tennessee›Shelby County›Memphis›38108›2312-2314 Norman Ave

This home is located at 2312-2314 Norman Ave in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home was built in 1950. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $120,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

From Rocket Homes Real Estate and based on county public records data.

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