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.
For sale
Price increase: $5.9K (8/30)
$224,900
1022 University St, Memphis, TN 38107
6beds
2,880sqft
Duplex
Built in 1972
-- sqft lot
$128,200 Zestimate®
$78/sqft
$-- HOA
What's special
- 2 days
- 107
- 13
Zillow last checked:
Listing updated:
Listed by:
Tony Lavelle,
BHHS McLemore & Co. Realty 901-701-7555
Source: MAAR,MLS#: 10229346
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
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $224,900+2.7%$78/sqft |
Source: BHHS broker feed #10229346 Report a problem | ||
| 8/29/2026 | Price change | $219,000-2.6%$76/sqft |
Source: BHHS broker feed #10229346 Report a problem | ||
| 8/28/2026 | Listed for sale | $224,9000%$78/sqft |
Source: | ||
| 11/13/2025 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 5/16/2025 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 12/16/2024 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 9/9/2024 | Listed for rent | $1,300+79.3% |
Source: Zillow Rentals Report a problem | ||
| 8/13/2023 | Listing removed | -- |
Source: | ||
| 6/3/2023 | Listed for sale | $225,000+200%$78/sqft |
Source: | ||
| 12/26/2018 | Sold | $75,000+77.4%$26/sqft |
Source: | ||
| 1/4/2014 | Listing removed | $725 |
Source: Revid Investments, LLC #3285555 Report a problem | ||
| 11/17/2013 | Listed for rent | $725 |
Source: Revid Investments, LLC #3285555 Report a problem | ||
| 2/22/2013 | Listing removed | $725 |
Source: Revid Investments, LLC #3259424 Report a problem | ||
| 2/5/2013 | Price change | $725-8.8% |
Source: Revid Investments, LLC #3259424 Report a problem | ||
| 12/6/2012 | Price change | $795+14.4% |
Source: Revid Investments, LLC #3259424 Report a problem | ||
| 11/7/2012 | Listed for rent | $695 |
Source: Revid Property Management Report a problem | ||
| 10/16/2012 | Sold | $42,270+5.9%$15/sqft |
Source: | ||
| 10/4/2012 | Pending sale | $39,900$14/sqft |
Source: Crye-Leike #3250956 Report a problem | ||
| 8/14/2012 | Price change | $39,900-20%$14/sqft |
Source: Crye-Leike #3250956 Report a problem | ||
| 7/4/2012 | Price change | $49,900-31.2%$17/sqft |
Source: Crye-Leike #3250956 Report a problem | ||
| 5/1/2012 | Listed for sale | $72,500+25%$25/sqft |
Source: Crye-Leike #3250956 Report a problem | ||
| 1/5/2006 | Sold | $58,000-42.5%$20/sqft |
Source: Public Record Report a problem | ||
| 10/28/2005 | Sold | $100,825+40%$35/sqft |
Source: Public Record Report a problem | ||
| 7/11/1997 | Sold | $72,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






