Closed

$115,000

1611 S Parkway Ave, Memphis, TN 38106

5beds

4baths

2,464sqft

Multi Family

Built in 1927

-- sqft lot

$113,200 Zestimate^®

$47/sqft

$1,371 Estimated rent

Home value

$113,200

$105,000 - $121,000

$1,371/mo

Zestimate^® history

Owner options

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$1,371/mo

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$1,371/mo

Rent Zestimate^®

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$578/mo

Est. payment

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$578/mo

Est. payment

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What's special

Investor’s Dream! Duplex with Strong Potential – 3BR/1.5BA + 2BR/1.5BA Opportunity knocks with this income-producing duplex offering great bones and major potential! Located in a convenient area, this property features two spacious units—one side with 3 bedrooms and 1.5 baths, and the other with 2 bedrooms and 1.5 baths. Each unit offers a functional layout, separate entrances, and individual utility meters.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Other

Cooling

Wall/Window Unit(s)

Features

Flooring: Wood, Tile

Interior area

Total structure area: 2,464
Total interior livable area: 2,464 sqft

Property

Features

Levels: Three Or More
Stories: 2

Lot

Size: 0.4 Acres
Dimensions: 50 x 348

Details

Parcel number: 031013 00005
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1927

Community & HOA

Community

Subdivision: Austin

Location

Region: Memphis

Financial & listing details

Price per square foot: $47/sqft
Annual tax amount: $1,737
Date on market: 10/17/2025

Price history

Date	Event	Price
7/18/2025	Sold	$115,000-14.8%$47/sqft
Source: RealTracs MLS as distributed by MLS GRID #3019075 Report a problem
6/12/2025	Pending sale	$135,000$55/sqft
Source: MAAR #10197828 Report a problem
5/30/2025	Listed for sale	$135,000$55/sqft
Source: MAAR #10197828 Report a problem