Very solid multi-family investment opportunity in 38104!

1531 COURT AVE, Memphis, TN

$375,000

5 Beds

4 Baths

4 full

2,580 SqFt

Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don’t come around often—don’t miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today!

Property Details

Property Type Residential Multi Family
Mls # 10215994
LotSize 0.18 acres
Property Subtype Triplex
Year Built 1910
Num Of Floors 0

When do you plan to buy?
We can help!

Enter your zip code below to get ALL the information in less than 60 Seconds! And download my ‘Ultimate Guide to Buying a Home’ and get educated about the homebuying process!

What type of property do you plan to buy?

When do you plan to buy?

How would you rate your credit score?

Is this your first property purchase?

How will this property be used?

What is the estimated purchase price of your next home?

$120,000   to   $500,000

What is your estimated down payment?

5% Down

Zero Down

More Than 50% Down

What is your gross annual household income?

$25,000 to $45,000

More Than $250,000

$0 to $25,000

What is your employment status?

Are you working with a real estate agent?

What is your full name and email?

Please enter your full name.
Please enter your Email.
Please enter a valid email address.
or use your Facebook instead

What is your phone number?

Please enter your phone.
Please enter a valid phone number.
Jordan Ray
Jordan Ray
REALTOR®
eXp Realty, LLC
  • Bartlett, TN
  • Phone: 662-642-1458
  • Office : 901-505-0756
Thank you

I'll be reaching out to you shortly. In the meantime, please feel free to call or text me with any questions.
Visit me online at https://jordanray.exprealty.com/

Photos

Get Top Dollar for Your Home

With Our 100+ Point Marketing Plan!

Learn how we will get your home:

  • In front of and shown to more buyers
  • Sold faster and for more money
  • Sold on your terms without the hassle and stress

Real Estate Resource Center

Real Estate Reports for Home Owners, Sellers & Buyers!

Maps & Local

Schools

Print Brochure

Reviews

Google review

Jordan was excellent to work with from the beginning of the process to the closing on the house. If you are looking for a realator that is honest, great communicator and one who understands the in...

Read more 03/21/2026 - Marques Dyer
Google review

I’ve gotten known Jordan through a board up project, although we never met in person due to I am an out of state owner, he’s been efficient and great help immediately list out my fixipper with...

Read more 03/10/2026 - Jackie Lee
Google review

Working with Jordan has been an absolute pleasure. He is professional, organized, responsive, and truly dedicated to delivering a great experience for his clients. Communication is always clear,...

Read more 03/02/2026 - Profile Compliance
Google review

Jordan consistently goes above and beyond to make sure they feel supported, informed, and confident throughout the entire process. He’s committed to providing exceptional care from start to finish,...

Read more 02/25/2026 - Whitney Berre
Google review

Jordan is an incredible Realtor who truly puts his clients first. He is knowledgeable, responsive, and always willing to go the extra mile to make sure the process is smooth and successful. His...

Read more 02/24/2026 - Eden Serrano
Google review

02/23/2026 - Kervin Bryant
View more reviews

View More Listings

Click the property below to view the virtual tour of each listing.