4511 Sumners Wells Rd Memphis, TN 38118 - Available

Updated: Aug 12

Single Family - Investment Property



1,199 SF I 3 Bedroom I 2 Bath I Built 1973


This real estate investment opportunity is currently owner occupied and is in fair condition. Property will need rent ready reno updates to raise rents or re-sale. ARV for this Property is $118,000 Market Rents are $950.


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Turn Key & As-Is Comps

1. 4593 Sumners Wells Rd I Sold 6/01/2022 for $89,900 I 3Bd 1Ba I Built 1972

2. 4544 Sugar Creek Rd I Sold 7/08/2022 for $100,000 I 3Bd 1Ba I Built 1972

3. 3479 Beech Grove Rd I Sold 4/27/2022 for $70,000 I 3Bd 1Ba I Built 1972

4. 4622 Sugar Creek Rd I Sold 3/31/2022 for $65,000 I 3Bd 1Ba I Built 1972

5. 3390 Kenie Ave I Sold 1/21/2022 for $127,900 I 3Bd 1.5Ba I Built 1978

6. 4712 Lofts Rd I Sold 2/25/2022 for $115,000 I 3Bd 1.5Ba I Built 1978

7. 3452 Meier Dr I Sold 4/29/2022 for $119,500 I 3Bd 1.5Ba I Built 1974


Rental Comps

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A&R Development & Acquisitions

Anderson and Ryan, LLC

Office: 615-802-5509

rickey@andersonandryan.com

www.andersonandryan.com


*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact rickey@andersonandryan.com directly to discuss. This is an off market investment opportunity.

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