Investors only! This brick Duplex is already fully rented, 100% occupied. The addresses are 1580 and 1582 Marjorie. The units are both 2BED, 1BATH each. 1580 is rented for $450 per month and 1582 is rented for $445 per month. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1623/1625 Galveston ($120k), and 2250 Oldfield ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers). Property is professionally managed. No sign in the yard.
Closed
$90,117
1580 Marjorie St, Memphis, TN 38106
4beds
2baths
1,537sqft
Multi Family
Built in 1966
-- sqft lot
$90,300 Zestimate®
$59/sqft
$905 Estimated rent
Home value
$90,300
$85,000 - $96,000
$905/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tyler Tapley 901-871-1290,
Crye-Leike, Realtors
Bought with:
William Haynes
Crye-Leike, Realtors
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3084055
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,537
- Total interior livable area: 1,537 sqft
Property
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 0.28 Acres
- Dimensions: 50 x 240
Details
- Parcel number: 034053 00016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1966
Community & HOA
Community
- Subdivision: Barton & Lamb Blk 5
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $49,300
- Annual tax amount: $856
- Date on market: 8/20/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $90,117-9.9%$59/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3084055 Report a problem | ||
| 10/3/2025 | Pending sale | $100,000$65/sqft |
Source:  MAAR #10203939 Report a problem | ||
| 8/20/2025 | Listed for sale | $100,000+122.2%$65/sqft |
Source: MAAR #10203939 Report a problem | ||
| 4/30/2021 | Sold | $45,000-2.2%$29/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3024522 Report a problem | ||
| 2/12/2021 | Sold | $46,000+2.4%$30/sqft |
Source: Public Record Report a problem | ||
| 1/10/2021 | Listed for sale | $44,900-18.4%$29/sqft |
Source: KAIZEN Realty, LLC #10091533 Report a problem | ||
| 4/7/2010 | Listing removed | $55,000$36/sqft |
Source: Mem1, LLC dba Keller Williams Realty #3172564 Report a problem | ||
| 6/6/2009 | Listed for sale | $55,000+44.7%$36/sqft |
Source: Mem1, LLC dba Keller Williams Realty #3172564 Report a problem | ||
| 8/31/2004 | Sold | $38,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,039 +21.4% | $19,720 +51.7% |
| 2024 | $856 +8.1% | $13,000 |
| 2023 | $792 | $13,000 |
| 2022 | -- | $13,000 |
| 2021 | -- | $13,000 -25.3% |
| 2020 | $556 | $17,400 |
| 2019 | $556 -21.1% | $17,400 |
| 2018 | $705 -45.1% | $17,400 |
| 2017 | $1,284 +90% | $17,400 -12.5% |
| 2016 | $676 -12.6% | $19,880 |
| 2014 | $773 | $19,880 |
| 2013 | -- | $19,880 -3.5% |
| 2012 | -- | $20,600 -15% |
| 2011 | -- | $24,240 -29.1% |
| 2010 | -- | $34,200 |
| 2009 | -- | $34,200 +45.9% |
| 2008 | -- | $23,440 |
| 2007 | -- | $23,440 |
| 2006 | -- | $23,440 |
| 2005 | -- | $23,440 +4.3% |
| 2004 | -- | $22,480 |
| 2003 | -- | $22,480 |
| 2002 | -- | $22,480 |
| 2001 | -- | $22,480 +84.3% |
| 2000 | -- | $12,200 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 3/10A B Hill Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Hamilton High SchoolGrades: 9-12Distance: 1.1 mi
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- Shelby County
- Memphis
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- Downtown
- 1580 Marjorie St
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