Description
Turnkey investment opportunity in Memphis's 38111 corridor, less than a mile and a half from the University of Memphis. This townhouse-style duplex features two spacious 2-bedroom, 1.5-bath units. The property is in good condition and rent ready, delivered fully vacant at closing. With a market rent of $850+ per side, the property offers $1,700+/mo ($20,400+/year) in gross scheduled income potential. Lockbox at property, but call agent for appointments and info. Closing agent for seller Bailey Dorsey, Foundation Title.
Details
| MLS # | 10227725 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1965 |
| Days On Site | 32 |
| Listing Provided By | Woodyard Realty Corp | Worth Woodyard |
Features
| Story(s) | 2 |
|---|---|
| Property View | Other (See Remarks) |
Interior
| Cooling | Other (See Remarks) |
|---|---|
| Heating | Other (See Remarks) |
Exterior
| Lot Description | Other (See Remarks) |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Pendleton | Park |
| Subarea | 757B |
| Community Name | TAYLOR |
| Listing VS Median (in TAYLOR) | |
Price: $150,000 low | high Med: $0 On site: 32 low | high Med: | |
Market Activity 38111
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Pendleton | Park |
| Subarea | 757B |
| Community Name | TAYLOR |
| Listing VS Median (in TAYLOR) | |
Price: $150,000 low | high Med: $0 On site: 32 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $112K - $187K
sqft: 0 - 0
 | $230,0003280 Carnes AveMemphis, TN 38111 |
Listing Updated: August 27, 2026 at 11:09:41 AM PDT