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.
For sale
$199,000
1457 S Cooper St, Memphis, TN 38114
4beds
1,579sqft
Duplex
Built in 1965
-- sqft lot
$-- Zestimate®
$126/sqft
$-- HOA
What's special
- 162 days |
- 86 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Eric Earles,
Fast Track Realty, LLC 901-767-8770,
Samantha Ward,
Fast Track Realty, LLC
Source: MAAR,MLS#: 10216892
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: 163 days
- Listing terms: Other (See Remarks)
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
$1,115/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
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Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Alcy Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Compass Community School Orange Mound CampusGrades: K-8Distance: 1.3 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1.5 mi
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