For sale

Price cut: $6K (4/18)

$199,000

1457 S Cooper St, Memphis, TN 38114

4beds

1,579sqft

Get pre-qualified

Duplex

Built in 1965

-- sqft lot

$-- Zestimate^®

$126/sqft

$-- HOA

What's special

Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young Historic District, Overton Square and Downtown Memphis, the location benefits from strong, consistent rental demand. Whether you're expanding your portfolio or acquiring a stable income-producing asset in a high-demand rental corridor, this duplex presents a compelling opportunity. Tenant leases and financials available upon request. Showings coordinated with tenants with appropriate notice. Stove and fridges are currently provided in each unit.

115 days

76

5

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Water Heater

Features

Separate Living Room, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet

Interior area

Total interior livable area: 1,579 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 10,200 Square Feet
Dimensions: 50 x 204
Features: Level

Details

Parcel number: 031138 00006

Construction

Type & style

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

Materials

Roof: Composition Shingles

Condition

Year built: 1965

Community & HOA

Community

Subdivision: West Magnolia Hgts

Location

Region: Memphis

Financial & listing details

Price per square foot: $126/sqft
Tax assessed value: $152,300
Annual tax amount: $3,211
Date on market: 3/16/2026
Cumulative days on market: 116 days
Listing terms: Other (See Remarks)
Lease term: 12 Months

Estimated market value

Not available

Estimated sales range

Not available

$1,069/mo

Price history

Date	Event	Price
4/18/2026	Price change	$199,000-2.9%$126/sqft
Source: MAAR #10216892 Report a problem
3/16/2026	Listed for sale	$205,000+28.9%$130/sqft
Source: MAAR #10216892 Report a problem
10/3/2025	Listing removed	$745
Source: Zillow Rentals Report a problem
9/17/2025	Price change	$745-6.3%
Source: Zillow Rentals Report a problem
8/28/2025	Listed for rent	$795+6.7%$1/sqft
Source: Zillow Rentals Report a problem
9/10/2024	Listing removed	$745
Source: Zillow Rentals Report a problem
9/6/2024	Price change	$745-6.3%
Source: Zillow Rentals Report a problem
8/23/2024	Price change	$795-3.6%$1/sqft
Source: Zillow Rentals Report a problem
8/6/2024	Price change	$825-2.4%$1/sqft
Source: Zillow Rentals Report a problem
5/29/2024	Listed for rent	$845$1/sqft
Source: Zillow Rentals Report a problem
9/18/2023	Sold	$159,000-3.6%$101/sqft
Source: RealTracs MLS as distributed by MLS GRID #3021435 Report a problem
8/26/2023	Contingent	$164,900$104/sqft
Source: MAAR #10151895 Report a problem
7/10/2023	Listed for sale	$164,900+13.7%$104/sqft
Source: MAAR #10151895 Report a problem
3/24/2021	Sold	$145,000+173.6%$92/sqft
Source: Public Record Report a problem
8/31/2020	Sold	$53,000-11.5%$34/sqft
Source: RealTracs MLS as distributed by MLS GRID #3088427 Report a problem
8/10/2020	Listed for sale	$59,900$38/sqft
Source: Crye-Leike, Inc., REALTORS #10082445 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,211 +202.5%	$60,920 +277.9%
2024	$1,062 +8.1%	$16,120
2023	$982	$16,120
2022	--	$16,120
2021	--	$16,120 +1.8%
2020	$506	$15,840
2019	$506 -21.1%	$15,840
2018	$642 -45.1%	$15,840
2017	$1,169 +145.6%	$15,840 +13.1%
2016	$476 -27%	$14,000 -36.4%
2014	$652	$22,000
2013	--	$22,000 +7.6%
2012	--	$20,440
2011	--	$20,440
2010	--	$20,440
2009	--	$20,440 +39.2%
2008	--	$14,680
2007	--	$14,680
2006	--	$14,680 -13.6%
2005	--	$17,000 +82.4%
2004	--	$9,320
2003	--	$9,320
2002	--	$9,320
2001	--	$9,320
2000	--	$9,320

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified