Available
$45,000(ARV: $150,000)30% of ARV

Shelby County, Memphis, TN 38109

3 bd1 ba1,147 sfBuilt 1930

4 days ago

Gross spread$105,000

Description

Here’s a value-add opportunity for investors looking for a property with several major exterior improvements already completed. This 3-bedroom, 1-bathroom home offers approximately 1,147 SF and sits on a sizable residential lot. The roof, windows, siding, and exterior paint have been completed, while the interior framing is already in place. The remaining work includes plumbing, electrical, HVAC, insulation, drywall, flooring, kitchen, bathroom, trim, paint, fixtures, and final finish-out. 57 W Frank Ave, Memphis, TN 38109 Property Highlights: 3 Bed / 1 Bath Approx. 1,147 SF New Roof New Windows New Siding New Exterior Paint Interior Framing Completed Major Value-Add Opportunity Open for Inspections Assignment Available Ideal for Fix & Flip or Rental Financials: Asking Price: ~$45,000 Estimated Rehab: ~$60,000 Estimated ARV: ~$150,000 The property is currently marketed online with the major exterior work completed, and recent listing information describes the remaining scope as primarily the interior systems and finish-out. Nearby properties show a range of values, so I would recommend investors verify the $150K ARV carefully with renovated sold comps before relying on the projected spread. For fastest response: Cherrie – Dispo Manager Call/Text: [contact details hidden] NEED HELP MOVING YOUR OWN DEALS? We partner with investors and realtors on a non-exclusive basis to help dispo off-market properties through InvestorLift using our national cash-buyer network. We handle buyer communication, coordinate access and escrow, and offer competitive JV marketing terms, allowing our partners to stay focused on sourcing more inventory. Call/Text Cherrie: [contact details hidden] Email deals to: [contact details hidden]

$/sqft vs market

This deal$39/sqft
Market median$112/sqft
Difference65% below

Median of 39 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,147
Lot size3,311 sf
Year built1930
ConditionMajor Repair
OccupancyVacant
ParkingOff street

Systems & condition

HeatingOther · 20+ yrs
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing19
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