Sold for $40,000

Zestimate^®

$40,000

1081 Talley Pl, Memphis, TN 38106

2beds

1,224sqft

Duplex

Built in 1940

-- sqft lot

$40,000 Zestimate^®

$33/sqft

$999 Estimated rent

Home value

$40,000

$38,000 - $42,000

$999/mo

Zestimate^® history

Owner options

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$999/mo

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$999/mo

Rent Zestimate^®

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$201/mo

Est. payment

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$201/mo

Est. payment

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What's special

Separate entranceChain fenced backyardGreat roomPrivate bedroom layoutWrought iron security doorsIndividual front entries

Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong rental potential in a high-demand Memphis market near Downtown, Midtown and major employers. Perfect for long-term tenants or Section 8 investment. With updates, this duplex could generate solid cash flow. Don’t miss this affordable multifamily opportunity in South Memphis! CASH OFFERS ONLY.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Other (See Remarks)

Cooling

Other (See Remarks)

Appliances

Included: Gas Water Heater

Features

Step-Saver Kitchen, Separate Dining Room, Great Room, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Vinyl
Windows: Window Treatments
Has fireplace: No

Interior area

Total interior livable area: 1,224 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Pool features: None
Fencing: Chain Link

Lot

Size: 0.29 Acres
Dimensions: 50 x 257
Features: Level

Details

Parcel number: 026022 00050C

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Wood/Composition
Roof: Composition Shingles

Condition

Year built: 1940

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Talley

Location

Region: Memphis

Financial & listing details

Price per square foot: $33/sqft
Annual tax amount: $517
Date on market: 2/12/2026
Cumulative days on market: 137 days
Listing terms: Other (See Remarks)
Lease term: None

Price history

Date	Event	Price
7/14/2026	Sold	$40,000-19.8%$33/sqft
Source: MAAR #10214466 Report a problem
6/29/2026	Pending sale	$49,900$41/sqft
Source: MAAR #10214466 Report a problem
4/1/2026	Price change	$49,900-9.3%$41/sqft
Source: MAAR #10214466 Report a problem
2/23/2026	Price change	$55,000-8.3%$45/sqft
Source: MAAR #10214466 Report a problem
2/12/2026	Listed for sale	$60,000$49/sqft
Source: MAAR #10214466 Report a problem