Sold for $125,000

$125,000

1637 Southern Ave, Memphis, TN 38114

2beds

3,012sqft

Duplex

Built in 1950

-- sqft lot

$122,800 Zestimate^®

$42/sqft

$1,255 Estimated rent

Home value

$122,800

$114,000 - $133,000

$1,255/mo

Zestimate^® history

Owner options

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$1,255/mo

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$1,255/mo

Rent Zestimate^®

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$628/mo

Est. payment

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$628/mo

Est. payment

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What's special

In the heart of a blossoming neighborhood, this "As-Is" duplex stands as a promising investment with untapped potential. Each unit offers a cozy 1-bedroom, 1-bath setup with a welcoming kitchen and spacious great room, generating about $750 in monthly rent per unit. The excitement builds with a partially framed third unit upstairs, perfectly suited for an easy conversion to a triplex. Imagine the added income and value as the neighborhood continues to evolve around you. Whether you're a seasoned investor or just stepping into the market, this property offers a rare blend of stability and potential. Answer the knock of opportunity—this could be the key to your next success.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Other (See Remarks)

Cooling

Other (See Remarks)

Features

Eat-in Kitchen, Great Room
Flooring: Part Hardwood, Tile
Windows: Window Treatments
Has fireplace: No

Interior area

Total interior livable area: 3,012 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 10,500 sqft
Dimensions: 70 x 150
Features: Level

Details

Parcel number: 031027 00018

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer, Wood/Composition
Roof: Composition Shingles

Condition

Year built: 1950

Utilities & green energy

Utilities for property: Cable Available

Community & neighborhood

Location

Region: Memphis
Subdivision: Kingfischer

HOA & financial

Other financial information

Total actual rent: 1500

Other

Other facts

Listing terms: Other (See Remarks)

Price history

Date	Event	Price
3/14/2025	Sold	$125,000-7.4%$42/sqft
Source: MAAR #10184873 Report a problem
3/3/2025	Pending sale	$135,000$45/sqft
Source: MAAR #10184873 Report a problem
2/5/2025	Price change	$135,000-6.9%$45/sqft
Source: MAAR #10184873 Report a problem
1/28/2025	Listed for sale	$145,000$48/sqft
Source: MAAR #10184873 Report a problem
1/9/2025	Pending sale	$145,000$48/sqft
Source: MAAR #10184873 Report a problem
11/8/2024	Listed for sale	$145,000+3.6%$48/sqft
Source: MAAR #10184873 Report a problem
4/30/2021	Sold	$140,000-6.7%$46/sqft
Source: MAAR #10091326 Report a problem
1/12/2021	Listed for sale	$149,999+275.9%$50/sqft
Source: MAAR #10091326 Report a problem
7/30/2020	Sold	$39,900$13/sqft
Source: MAAR #10080036 Report a problem