1022 University St Memphis, TN 38107
Hyde Park NeighborhoodEstimated payment $1,371/month
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Some Wood Windows
- 1 Fireplace
- Formal Dining Room
- 3-minute walk to University Park
About This Home
DUPLEX in the University/Midtown area with 1 side currently leased at $1,500 pr mnth. This side-by-side duplex has separate driveways and 2 residential units.Each side offers a practical layout with a living room, dining area, 1 bed on the main level and 2 bedrooms up. Both units have central heat and air.The existing monthly rent provides an immediate income stream, while the second unit offers additional rental upside. For an investor, the property offers the opportunity to increase rental income. For an owner-occupant, live in 1 side and use the income from the other side to offset the monthly cost of ownership. The property is within reach of the UOM, Rhodes College, Crosstown, Midtown and Downtown, with restaurants, shopping, entertainment and employment centers nearby. The University area has a strong concentration of restaurants and services, while Crosstown Concourse offers dining, retail, medical and arts uses under one roof.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 70x125
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 2,880 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Some Wood Windows
- Separate Formal Living Room
- Formal Dining Room
- Step Saver Kitchen Design
Flooring
- Partially Carpeted
- Laminate
- Tile
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- Vollentine Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 041034 00154
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,633 | $60,720 | $5,400 | $55,320 |
| 2024 | $1,008 | $29,720 | $2,000 | $27,720 |
| 2023 | $1,810 | $29,720 | $2,000 | $27,720 |
| 2022 | $1,810 | $29,720 | $2,000 | $27,720 |
| 2021 | $1,025 | $29,720 | $2,000 | $27,720 |
| 2020 | $1,632 | $22,520 | $2,000 | $20,520 |
| 2019 | $720 | $22,520 | $2,000 | $20,520 |
| 2018 | $720 | $22,520 | $2,000 | $20,520 |
| 2017 | $737 | $22,520 | $2,000 | $20,520 |
| 2016 | $1,624 | $37,160 | $0 | $0 |
| 2014 | $1,624 | $37,160 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2026 09/01/26 | Pending | -- | -- | -- | |
| 08/28/2026 08/28/26 | Price Changed | $224,900 | +2.7% | $78 / Sq Ft | |
| 08/28/2026 08/28/26 | For Sale | $219,000 | +192.0% | $76 / Sq Ft | |
| 12/26/2018 12/26/18 | Sold | $75,000 | -11.8% | $26 / Sq Ft | View Prior Sale |
| 11/08/2018 11/08/18 | Pending | -- | -- | -- | |
| 10/11/2018 10/11/18 | For Sale | $85,000 | +101.1% | $30 / Sq Ft | |
| 10/16/2012 10/16/12 | Sold | $42,270 | -15.3% | $15 / Sq Ft | View Prior Sale |
| 10/02/2012 10/02/12 | Pending | -- | -- | -- | |
| 07/01/2012 07/01/12 | For Sale | $49,900 | -- | $17 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Stewart Title | |
| Warranty Deed | $72,000 | None Available | |
| Warranty Deed | $42,270 | Multiple | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $58,000 | -- | |
| Trustee Deed | $100,825 | -- | |
| Quit Claim Deed | -- | Equity Title & Escrow Co | |
| Warranty Deed | $72,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,000 | New Conventional | |
| Previous Owner | $54,000 | New Conventional | |
| Previous Owner | $121,500 | No Value Available |
About the Listing Agent
Real estate decisions can cost you—or make you—tens of thousands of dollars. You don’t need hype, you need clarity, strategy, and someone who knows how to navigate problems when they show up.
I’ve been buying, selling, and negotiating real estate for over 30 years. My approach is simple and direct: protect your money, eliminate surprises, and put you in the strongest possible position whether you’re buying, selling, or investing.
I operate as a true one-stop shop. From pricing and
Tony's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10229346
APN: 04-1034-0-0154
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Ask me questions while you tour the home.