About This Home

This 4-bedroom, 2-bathroom multi-family at 1320 FAXON Ave in Memphis, TN is listed for $170,000 ($93 per sqft). Built in 1920, the home offers 1,819 sqft of living space on a N/A lot.

Key Features

  • Built in 1920

Property Details

2 full
1920
Listing Description

Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to savvy investors. Each unit is 2 bedrooms 1 bath. Unit 1 is currently rented at $945 per month and Unit 2 is currently rented for $850 per month.

Interior photos are from before tenants moved in, some are virtually staged as well. This is a wonderful long term area and is seeing a lot of growth & activity. Could be a great AirBnb, or long term rental. This property features newer AC units, updated electrical and newer windows on the larger side. FHA/VA/ Conventional offers welcome! No owner financing, no creative financing, no owner financing offers please.

Monthly Cost Estimate

$909/mo

20% down · 6.5% · 30 years

Principal$123
Interest$737
Insurance$50

Estimates only. Actual payments may vary.

Location

1320 FAXON Ave

Memphis, TN 38104

SPEEDWAY TERR BLK B

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 1320 FAXON Ave is listed at $170,000 ($93/sqft). The estimated monthly payment is $910 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920.

This property is listed by William Haynes.

WH

William Haynes

Agent at Crye-Leike Realtors

Listed by Crye-Leike Realtors · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10232465· Source: Memphis Area Association of Realtors®· 18 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1320 FAXON Ave, Memphis, TN 38104

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