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Image 1 - 2391 Forrest Ave, Memphis, Tennessee, 38112 - House for sale
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Home For Sale In Memphis, Tennessee
2391 Forrest Ave, Memphis, Tennessee, 38112

Home For Sale In Memphis, Tennessee

house for sale
Listed: 06/23/24

2391 Forrest Ave, Memphis, Tennessee, 38112

4 Bed:
4 Bath:
Save
Price
$ 399,000

About This House

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.

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Binghampton Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Binghampton, Memphis, United States averaged $218,890, staying on the same level compared to the previous month.
Median price trends for properties for sale in Binghampton, Memphis, United States as of May 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.