#10195126, Listing office: KAIZEN Realty, LLC
Property details
About 3468 Bowen Ave
Three of four occupied - current rents are $475+$100/month for rent and utilities. Unit 3 is $685+$123.25/month, and unit 1 is getting $650+$150 in utilities. 4 units total: 2 in front duplex and 2 in rear ADUs. 3 x 1/1s and 1 x Eff. Property has so much potential! The units can be brought up to area standard (getting better every year with flip/turnkey capital injection) and rented for more. You can separately meter utilities over the long haul, add minisplits to the ADUs, all to get those rents up and property really stabilized. It's doing okay now, but you can make it a great long-term hold with some creativity in your value-add.
Highlights
HeatingCentral, Wall Furnace
StatusActive
CoolingWall/Window Unit(s), Central Air
BasementYes
Year built1925
ParkingGravel
MLS #10200309
Summary
- Basement: Yes
- Flooring Type: Hardwood Throughout, Tile, Vinyl Floor
- Parking: Gravel
- Exterior: Sidewalks
- Heating: Central, Wall Furnace
- Cooling: Wall/Window Unit(s), Central Air
- List Price: $239,900
- Annual Tax Amount: $1,374
- Tax Year: 2024
- Directions: Travelling W on Summer Ave, take a right onto N Highland St, then a left onto Bowen Ave. The units will be on your right.
- Year Built: 1925
- Stories: 1
- MLS Number: 10200309
- Office Name: Memphis Metro Realty
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 03, 2023 | Home Sold | $268,000 |
| Oct 18, 2021 | Home Sold | $200,000 |
| Apr 16, 2021 | Home Sold | $30,000 |
| May 21, 2019 | Home Sold | $116,500 |
| Apr 12, 2002 | Home Sold | $32,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $22,560 | $1,374 |
| 2023 | $22,560 | $1,374 |
| 2022 | $22,560 | $612 |
| 2021 | $22,560 | $612 |
| 2020 | $42,600 | $2,092 |
| 2019 | $11,500 | $833 |
| 2018 | $11,500 | $472 |
| 2017 | $11,500 | $420 |
History based on county public records data.
Nearby schools
5
Treadwell Elementary School
Public Magnet PK-5
0.3 mi
•3538 Given Ave
6
Grahamwood Elementary School
Public Magnet PK-5
1.0 mi
•3950 Summer Ave
3
Cornerstone Preparatory - Lester Campus
Public Charter PK-5
1.3 mi
•320 Carpenter St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,776. The majority of Memphis, TN residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
34%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3468 Bowen Ave
The listing price of 3468 Bowen Ave property is $239,900.
The property 3468 Bowen Ave is a house located in Memphis, Tennessee, 38122.
Active Listing: 3468 Bowen Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3468 Bowen Ave are: Treadwell Elementary School (GreatSchools Rating 5/10), Grahamwood Elementary School (GreatSchools Rating 6/10), Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), Treadwell Middle School (GreatSchools Rating 4/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Kingsbury High School (GreatSchools Rating 2/10), Douglass High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $1,374 (source: MLS/based on county public records data).
The last sale was on April 3, 2023 for $268,000 (source: MLS/tax record).
The property at 3468 Bowen Ave has 0 bathroom.
The year of construction for 3468 Bowen Ave is 1925.
This home is located at 3468 Bowen Ave in Memphis, TN and zip code 38122 in the Highland Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $239,900.
Memphis, TN housing market in June 2025 saw over 73 listings sold above listed price, more than 107 sold at listed price and over 219 sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. The median list price of listings available in June 2025 was $224,900, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.