This is a rare opportunity to own a new duplex that is conveniently located in walkable neighborhood near the Cleveland Concourse. Each unit has an open floor plan with high ceilings ,spacious rooms , nice finishes and very high ceiling. The quality construction is evident with so much attention to detail. There is ample parking. This property is perfect for an owner occupant or an investor looking for turnkey units. Very attractive facade that blends well with the neighborhood. 4 bedrooms 2 baths up and 3 bedrooms 2 baths down. Great kitchens. Special financing is available for owner occupant with no income limit!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2024
Stories: 2
Listing Office:
Office Name: Sowell, Realtors
Interior Features
Interior Information:
Appliances: Range, Oven, Dishwasher, Range Hood, Microwave
Basement: Yes
Flooring Type: Tile, Vinyl Floor, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
Interior: All Window Treatments
Exterior Features
Exterior Information:
Exterior: Brick Veneer, Wood/Composition, Double Pane Window(s), Porch, Historic District
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Level, Fencing
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: From Poplar Avenue, turn north onto Garland St.. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $569,000
Tax Information:
Annual Amount: $1,043
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Memphis, TN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,907
Per Month
Principal & Interest
$2,840
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,772
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Bruce Elementary School
581 S Bellevue Blvd
Distance between this listing and this school1.24 miles
Public District Grades PK-5
8
/10
Idlewild Elementary School
1950 Linden Ave
Distance between this listing and this school1.31 miles
Public Magnet Grades PK-5
2
/10
Vollentine Elementary School
1682 Vollintine Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Snowden School
1870 N Parkway
Distance between this listing and this school0.97 miles
Public Magnet Grades PK-8
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school1.25 miles
Public Magnet Grades 6-8
3
/10
Believe Memphis Academy Charter School
1250 Vollintine Ave
Distance between this listing and this school1.26 miles
Public Charter Grades 4-7
Nearby Schools
5
/10
Crosstown High School
1365 Tower Ave
Distance between this listing and this school0.35 miles
Public Charter Grades 9-11
1
/10
Northwest Preparatory Academy
1266 Poplar Ave
Distance between this listing and this school0.36 miles
Public District Grades 9-12
4
/10
Memphis Academy of Science Engineering Middle/High
1254 Jefferson Ave
Distance between this listing and this school0.47 miles
The neighbors living near this home have an average income of $51,035. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 319 Garland St in Memphis, TN and zip code 38104 in the Evergreen Historic District neighborhood. This home was built in 2024. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $569,000.
In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.