$225,999
$34K PRICE DROP

Estimated payment $1,347/month

Total Views 25,213
4 Beds
3 Baths
2,227 Sq Ft
$101 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Wood Fence
  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot

About This Home

Large duplex in Midtown that is for sale! Would be wonderful for an owner occupant home buyer wanting to live in one side and rent the other unit out, or for an investor wanting to rent both units. Top unit is currently rented to a tenant paying $1040 per month, bottom unit is available to live in or rent it out! Could be an excellent primary residence, investment property, or Airbnb! ONLINE VIDEO AVAILABLE UPON REQUEST. Property has washer/dryer hookups, large front porch, wood floors, and a basement. No sign, please do not disturb or approach tenants, please make your offer contingent on inspections.

Listing Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 01/05/2025

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x154
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partial Basement

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Wellford Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 017036 00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,879

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: WELLFORD PLACE
  • Freestanding: Yes
  • Number Of Stories: 2
  • Estimated Sq Ft: 2227
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile
  • Number Of Fireplaces: 1

Exterior Features

  • Exterior Windows: Vinyl Siding
  • Foundation: Partial Basement

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: N PT 12
  • Acreage: 0.17
  • Lot Size: 50X154
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 017036 00005

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,879 $83,320 $17,360 $65,960
2024 $1,879 $55,440 $10,520 $44,920
2023 $3,377 $55,440 $10,520 $44,920
2022 $3,377 $55,440 $10,520 $44,920
2021 $1,913 $55,440 $10,520 $44,920
2020 $3,391 $46,800 $10,520 $36,280
2019 $1,496 $46,800 $10,520 $36,280
2018 $1,496 $46,800 $10,520 $36,280
2017 $1,531 $46,800 $10,520 $36,280
2016 $2,206 $50,480 $0 $0
2014 $2,206 $50,480 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Price Changed $225,999 -13.0% $101 / Sq Ft
01/05/2025 01/05/25 For Sale $259,900 -- $117 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Southern Trust Title Company
Warranty Deed $98,250 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $78,600 Purchase Money Mortgage
Previous Owner $87,375 Balloon
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10187558

Memphis Area Association of REALTORS®

APN: 01-7036-0-0005