For sale

$236,000

155-157 N Merton St, Memphis, TN 38112

--beds

--baths

1,725sqft

$1,594/mo

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Multi Family

Built in 1947

-- sqft lot

$230,600 Zestimate^®

$137/sqft

$-- HOA

What's special

Updated with modern finishes

Fully renovated duplex offering an excellent turnkey investment opportunity. Renovated in 2023, this property features two 2-bedroom, 1-bath units with a total of 1,725 SF. Providing immediate rental income totaling $2,235 per month. Built in 1947 and updated with modern finishes while maintaining its character. A great opportunity to add a cash-flowing property to your investment portfolio.

10 days

37

2

Facts & features

Interior

Heating

Central

Cooling

Central Air

Appliances

Laundry: Connections

Features

Flooring: Concrete

Interior area

Total interior livable area: 1,725 sqft

Property

Parking

Parking features: Concrete

Lot

Size: 0.28 Acres
Dimensions: 75 x 160

Details

Parcel number: 033012 00022

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other
Foundation: Slab
Roof: Shingle/Shake

Condition

Year built: 1947

Community & HOA

Community

Subdivision: Barton & Lamb Poplar St Re Of Part Lots

Location

Region: Memphis

Financial & listing details

Price per square foot: $137/sqft
Annual tax amount: $1,477
Date on market: 7/18/2026
Listing terms: Conventional,FHA/VA
Lease term: Month To Month
Tenant pays: All Utilities

Estimated market value

$230,600

$219,000 - $242,000

$1,046/mo

Price history

Date	Event	Price
7/18/2026	Listed for sale	$236,000$137/sqft
Source: MAAR #10226455 Report a problem
12/19/2024	Listing removed	$1,250$1/sqft
Source: Zillow Rentals Report a problem
11/9/2024	Listed for rent	$1,250$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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