$95,000

Estimated payment $515/month

Total Views 97,348
2 Beds
2 Baths
1,080 Sq Ft
$88 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • Great Room

About This Home

Excellent investment opportunity! This fully occupied duplex features two 1BR/1BA units, each with long-term tenants and steady rental income. Recent improvements include a new roof, offering peace of mind for years to come. Conveniently located just minutes from Downtown Memphis and with easy access to major expressways and amenities, this property is positioned for continued growth and value. Don’t miss the chance to add this income-producing asset to your portfolio, call today to schedule your private tour!

Listing Agent

Rasheedah Jones

Dreamteam Realty Co License #299503 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 56x120

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Great Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Churchwood Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027013 00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: CHURCHWOOD TERRACE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1080
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Heating: Gas
  • Hot Water: Gas

Lot Info

  • Lot Number: 27
  • Acreage: 0.18
  • Lot Size: 56X120
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 027013 00018

Multi Family

  • Perc Occ: 100

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 $198 $14,640 $3,000 $11,640
2024 $198 $5,840 $1,200 $4,640
2023 $356 $5,840 $1,200 $4,640
2022 $356 $5,840 $1,200 $4,640
2021 $360 $5,840 $1,200 $4,640
2020 $693 $9,560 $1,200 $8,360
2019 $693 $9,560 $1,200 $8,360
2018 $693 $9,560 $1,200 $8,360
2017 $393 $9,560 $1,200 $8,360
2016 $332 $7,600 $0 $0
2014 $332 $11,440 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2025 08/21/25 For Sale $95,000 0.0% $88 / Sq Ft
10/18/2021 10/18/21 Rented $395 -7.1% --
09/28/2021 09/28/21 For Rent $425 0.0% --
01/10/2014 01/10/14 Sold $19,000 -4.5% $18 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $19,900 -- $18 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $19,000 None Available
Source: Public Records

About the Listing Agent

Rasheedah Jones

Dreamteam Realty Co

(901) 621-8159

Section Image

At RM Jones Property Advisors, we are more than just a real estate firm; we are a beacon of innovation and integrity in the real estate investment industry. With a tagline that resonates with our core values, "A Community-Centric Real Estate Investment Firm," we stand as a testament to our commitment towards fostering community growth and nurturing long-lasting relationships.

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Source: Memphis Area Association of REALTORS®

MLS Number: 10204320

Memphis Area Association of REALTORS®

APN: 02-7013-0-0018