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For sale
  • Price increase: $5.9K (8/30)
    $224,900

    1022 University St, Memphis, TN 38107

    6beds
    2,880sqft
    : 
    $1,535/mo
    Get pre-qualified
    Duplex
    Built in 1972
    -- sqft lot
    $128,200 Zestimate®
    $78/sqft
    $-- HOA

    What's special

    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.
    2 days
    107
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony Lavelle,

    BHHS McLemore & Co. Realty 901-701-7555

    Source: MAAR,MLS#: 10229346MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Separate Dining Room, Separate Living Room, Step-Saver Kitchen, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Wood Laminate Floors, Part Carpet, Tile
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 2,880 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 8,750 Square Feet
      • Dimensions: 70 x 125
      • Features: Level
      Details
      • Parcel number: 041034 00154

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex
      Materials
      • Wood/Composition
      • Foundation: Slab
      • Roof: Composition Shingles
      Condition
      • Year built: 1972

      Community & HOA

      Community
      • Subdivision: Vollentine Park
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $78/sqft
      • Tax assessed value: $151,800
      • Annual tax amount: $3,200
      • Date on market: 8/28/2026
      • Listing terms: Other (See Remarks)
      • Lease term: Other (Call LA)

        Estimated market value

        $128,200

        $103,000 - $156,000

        $1,201/mo

        Price history

        DateEventPrice
        8/30/2026Price change$224,900+2.7%$78/sqft
        Source: BHHS broker feed #10229346 Report a problem
        8/29/2026Price change$219,000-2.6%$76/sqft
        Source: BHHS broker feed #10229346 Report a problem
        8/28/2026Listed for sale$224,9000%$78/sqft
        Source: MAAR #10229346 Report a problem
        11/13/2025Listed for rent$1,300
        Source: Zillow Rentals Report a problem
        5/16/2025Listing removed$1,300
        Source: Zillow Rentals Report a problem
        12/16/2024Listed for rent$1,300
        Source: Zillow Rentals Report a problem
        11/23/2024Listing removed$1,300
        Source: Zillow Rentals Report a problem
        9/9/2024Listed for rent$1,300+79.3%
        Source: Zillow Rentals Report a problem
        8/13/2023Listing removed--
        Source: MAAR #10149338 Report a problem
        6/3/2023Listed for sale$225,000+200%$78/sqft
        Source: MAAR #10149338 Report a problem
        12/26/2018Sold$75,000+77.4%$26/sqft
        Source: MAAR #10038641 Report a problem
        1/4/2014Listing removed$725
        Source: Revid Investments, LLC #3285555 Report a problem
        11/17/2013Listed for rent$725
        Source: Revid Investments, LLC #3285555 Report a problem
        2/22/2013Listing removed$725
        Source: Revid Investments, LLC #3259424 Report a problem
        2/5/2013Price change$725-8.8%
        Source: Revid Investments, LLC #3259424 Report a problem
        12/6/2012Price change$795+14.4%
        Source: Revid Investments, LLC #3259424 Report a problem
        11/7/2012Listed for rent$695
        Source: Revid Property Management Report a problem
        10/16/2012Sold$42,270+5.9%$15/sqft
        Source: MAAR #3250956 Report a problem
        10/4/2012Pending sale$39,900$14/sqft
        Source: Crye-Leike #3250956 Report a problem
        8/14/2012Price change$39,900-20%$14/sqft
        Source: Crye-Leike #3250956 Report a problem
        7/4/2012Price change$49,900-31.2%$17/sqft
        Source: Crye-Leike #3250956 Report a problem
        5/1/2012Listed for sale$72,500+25%$25/sqft
        Source: Crye-Leike #3250956 Report a problem
        1/5/2006Sold$58,000-42.5%$20/sqft
        Source: Public Record Report a problem
        10/28/2005Sold$100,825+40%$35/sqft
        Source: Public Record Report a problem
        7/11/1997Sold$72,000$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,200 +63.5%$60,720 +104.3%
        2024$1,957 +8.1%$29,720
        2023$1,810 $29,720
        2022-- $29,720
        2021-- $29,720 +32%
        2020$720 $22,520
        2019$720 -21.1%$22,520
        2018$912 -45.1%$22,520
        2017$1,662 +31.6%$22,520 -39.4%
        2016$1,263 +20.1%$37,160
        2014$1,052 $37,160
        2013-- $37,160 +12.6%
        2012-- $33,000
        2011-- $33,000
        2010-- $33,000
        2009-- $33,000 +60.6%
        2008-- $20,550
        2007-- $20,550
        2006-- $20,550
        2005-- $20,550 -30.3%
        2004-- $29,500
        2003-- $29,500
        2002-- $29,500
        2001-- $29,500 -18.3%
        2000-- $36,120
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        44 / 100
        Car-Dependent
        31 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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