Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, two bedrooms, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.
For sale
$150,000
1621 Oakwood St, Memphis, TN 38108
4beds
1,151sqft
:
Get pre-qualified$1,044/mo
Duplex
Built in 1950
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
New front porchSpacious great roomNew roofNew water heatersStorm doorsModern updates throughoutNew kitchen cabinets
- 32 days |
- 468 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Thompson,
eXp Realty 901-310-4363,
Cristina C Calzadilla,
eXp Realty
Source: MAAR,MLS#: 10224990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other (See Remarks)
Cooling
- Other (See Remarks)
Appliances
- Included: Disposal, Electric Water Heater
Features
- Sprayed Ceiling, Updated/Renovated Kit, Great Room, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
- Doors: Storm Door(s)
- Windows: Window Treatments
- Basement: Crawl Space
- Attic: Attic Access
- Has fireplace: No
Interior area
- Total interior livable area: 1,151 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 6,000 Square Feet
- Dimensions: 40 x 150
- Features: Some Trees, Level
Details
- Parcel number: 042006 00007
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Wood/Composition
- Roof: Composition Shingles
Condition
- Year built: 1950
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Norwood
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $49,200
- Annual tax amount: $1,037
- Date on market: 6/29/2026
- Cumulative days on market: 33 days
- Listing terms: Other (See Remarks)
- Lease term: None
Estimated market value
Not available
Estimated sales range
Not available
$1,014/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $150,000+435.7%$130/sqft |
Source:  MAAR #10224990 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/7/2016 | Listing removed | $28,000$24/sqft |
Source: Owner Report a problem | ||
| 8/9/2016 | Listed for sale | $28,000+300%$24/sqft |
Source: Owner Report a problem | ||
| 6/6/2008 | Sold | $7,000-74.3%$6/sqft |
Source: Public Record Report a problem | ||
| 5/16/2007 | Sold | $27,200-58.8%$24/sqft |
Source: Public Record Report a problem | ||
| 10/27/2005 | Sold | $66,000+17.9%$57/sqft |
Source: Public Record Report a problem | ||
| 7/30/2004 | Sold | $56,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,037 +323.4% | $19,680 +429% |
| 2024 | $245 +73% | $3,720 +60% |
| 2023 | $142 | $2,325 |
| 2022 | -- | $2,325 |
| 2021 | -- | $2,325 -8.8% |
| 2020 | $82 | $2,550 |
| 2019 | $82 -61.7% | $2,550 -51.4% |
| 2018 | $213 -45.1% | $5,250 |
| 2017 | $388 +83.8% | $5,250 -15.3% |
| 2016 | $211 +14.5% | $6,200 |
| 2014 | $184 | $6,200 |
| 2013 | -- | $6,200 +7.4% |
| 2012 | -- | $5,775 |
| 2011 | -- | $5,775 |
| 2010 | -- | $5,775 -23.5% |
| 2009 | -- | $7,550 -41% |
| 2008 | -- | $12,800 |
| 2007 | -- | $12,800 -25.2% |
| 2006 | -- | $17,120 |
| 2005 | -- | $17,120 +25.1% |
| 2004 | -- | $13,680 |
| 2003 | -- | $13,680 |
| 2002 | -- | $13,680 |
| 2001 | -- | $13,680 +20.4% |
| 2000 | -- | $11,360 |
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.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Douglass Elementary SchoolGrades: PK-8Distance: 1.4 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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