For sale

Price cut: $26K (5/26)

$199,000

1577 N Pkwy, Memphis, TN 38112

4beds

2,854sqft

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Single Family Residence

Built in 1930

10,018 Square Feet Lot

$188,500 Zestimate^®

$70/sqft

$-- HOA

What's special

Functional layoutsComfortable living spaces

Fully leased duplex offering immediate cash flow in a prime Midtown Memphis location. This well-maintained property features two income-producing units with strong rental history and stable tenants in place. Each unit offers functional layouts with comfortable living spaces, making it an attractive and reliable addition to any portfolio. Located along N Parkway with convenient access to Overton Park, Crosstown Concourse, and Downtown, the property benefits from consistent rental demand and long-term upside. A turnkey investment opportunity with minimal downtime and solid income from day one. Property is occupied do not disturb tenant. Seller's closing attorney and EM to be held @ Murphy DeZonia & Webb 6389 N. Quail Hollow Rd. Ste. 102, Memphis, TN 38120

115 days

186

19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Width: 0

Dining room

Width: 0

Kitchen

Features: Washer/Dryer Connections

Living room

Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Features

Split Bedroom Plan, Renovated Bathroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood
Has fireplace: No

Interior area

Total interior livable area: 2,854 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Stories: 2
Patio & porch: Porch
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 64 x 155
Features: Level

Details

Parcel number: 020040 00013

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood/Composition

Condition

New construction: No
Year built: 1930

Community & HOA

Community

Subdivision: Woodland

Location

Region: Memphis

Financial & listing details

Price per square foot: $70/sqft
Annual tax amount: $6,899
Price range: $199K - $199K
Date on market: 3/27/2026
Cumulative days on market: 116 days

Estimated market value

$188,500

$179,000 - $198,000

$2,211/mo

Price history

Date	Event	Price
5/26/2026	Price change	$199,000-11.6%$70/sqft
Source: MAAR #10217824 Report a problem
3/27/2026	Listed for sale	$225,000+17.6%$79/sqft
Source: MAAR #10217824 Report a problem
6/5/2016	Sold	$191,250$67/sqft
Source: Agent Provided 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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