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For sale
    • $139,900

    1507 Oakwood St, Memphis, TN 38108

    4beds
    1,357sqft
    : 
    $974/mo
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    Duplex
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $103/sqft
    $-- HOA

    What's special

    Recently updated duplex
    1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.
    143 days
    |
    73
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Nunez,

    Fast Track Realty, LLC 901-767-8770

    Source: MAAR,MLS#: 10215834MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Other (See Remarks)
      Cooling
      • Central Air, Other (See Remarks)
      Features
      • Updated/Renovated Kit
      Interior area
      • Total interior livable area: 1,357 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 6,000 Square Feet
      • Dimensions: 40 x 150
      • Features: Other (See Remarks)
      Details
      • Parcel number: 042009 00005

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex
      Materials
      • Brick Veneer
      Condition
      • Year built: 1964

      Community & HOA

      Community
      • Subdivision: Norwood
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $103/sqft
      • Tax assessed value: $49,100
      • Annual tax amount: $1,035
      • Date on market: 3/3/2026
      • Cumulative days on market: 144 days
      • Listing terms: Other (See Remarks)
      • Lease term: Other (Call LA)

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $852/mo

        Price history

        DateEventPrice
        4/8/2026Price change$139,900-6.1%$103/sqft
        Source: MAAR #10215834 Report a problem
        3/3/2026Listed for sale$149,000+8.4%$110/sqft
        Source: MAAR #10215834 Report a problem
        6/17/2022Sold$137,500+38.9%$101/sqft
        Source: MAAR #10118086 Report a problem
        2/22/2022Pending sale$99,000$73/sqft
        Source: MAAR #10118086 Report a problem
        2/22/2022Listed for sale$99,000+296%$73/sqft
        Source: MAAR #10118086 Report a problem
        9/10/2012Sold$25,000+50.2%$18/sqft
        Source: Public Record Report a problem
        9/11/2008Sold$16,650-61.3%$12/sqft
        Source: Public Record Report a problem
        12/16/2005Sold$43,000$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,035 +63.7%$19,640 +104.6%
        2024$632 +8.1%$9,600
        2023$585 $9,600
        2022-- $9,600
        2021-- $9,600 -7.3%
        2020$331 $10,360
        2019$331 -21.1%$10,360
        2018$420 -45.1%$10,360
        2017$765 +124.9%$10,360 +3.6%
        2016$340 -43.3%$10,000
        2014$600 $10,000 -4.6%
        2013-- $10,480 -44.3%
        2012-- $18,800
        2011-- $18,800
        2010-- $18,800
        2009-- $18,800 +31.7%
        2008-- $14,280
        2007-- $14,280
        2006-- $14,280 -17.9%
        2005-- $17,400 +27.9%
        2004-- $13,600 -27.4%
        2003-- $18,720
        2002-- $18,720
        2001-- $18,720 +98.3%
        2000-- $9,440
        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.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        57 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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