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Sold for $224,900
  • Zillow Home logoZestimate®
    $224,900

    1022 University St, Memphis, TN 38107

    6beds
    2,880sqft
    Duplex
    Built in 1972
    -- sqft lot
    $224,900 Zestimate®
    $78/sqft
    $1,240 Estimated rent

    Home value

    $224,900

    $214,000 - $236,000

    $1,240/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tony Lavelle,

    BHHS McLemore & Co. Realty

    Bought with:

    Walter Jones

    BEST Real Estate Company

    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
    • Step-Saver Kitchen, Separate Living Room, Separate Dining Room, 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
    • Cumulative days on market: 4 days
    • Listing terms: Other (See Remarks)
    • Lease term: Other (Call LA)

    Price history

    DateEventPrice
    9/30/2026Sold$224,900$78/sqft
    Source: MAAR #10229346 Report a problem
    9/14/2026Listing removed$1,300
    Source: Zillow Rentals Report a problem
    9/2/2026Pending sale$224,900$78/sqft
    Source: MAAR #10229346 Report a problem
    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

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $224,900
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    +$4,498
    With Zillow Showcase(estimated)
    $229,398
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $224,900
    2% more
    +$4,498
    With Zillow Showcase(estimated)
    $229,398