$152,000
$160,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
2,354 SqFt
SOLD DATE : 07/31/2025
Key Details
Sold Price $152,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,354 sqft
Price per Sqft $64
Subdivision Jackson Terrace
MLS Listing ID 2900208
Sold Date 07/31/25
HOA Y/N No
Year Built 1948
Annual Tax Amount $1,148
Lot Dimensions 67X130
Property Description
Instant Cash Flow Opportunity – Turnkey Brick Duplex in Prime Memphis Location!
Investor's dream! This beautiful all-brick duplex offers immediate income with both units currently leased on 12-month terms. Start collecting rent from day one—no vacancy, no hassle.
Each side features spacious layouts with solid rental history, making this a reliable addition to any portfolio. Located just minutes from Midtown and Downtown Memphis, tenants enjoy quick access to vibrant dining, shopping, entertainment, and major highways.
Well-maintained and full of charm, this property is nestled in a growing area with strong rental demand. Whether you're expanding your portfolio or stepping into real estate investing, this duplex delivers stable, positive cash flow from the start.
Don't miss your chance to own a performing asset in one of Memphis's most accessible and evolving neighborhoods!
Location
State TN
County Shelby County
Zoning RU-1
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Treadwell Elementary
Middle Schools Treadwell Middle School
High Schools Douglass High
Others
Senior Community false
Special Listing Condition Standard
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