Pending

$139,900

2043 Lamar Ave, Memphis, TN 38114

4beds

2,005sqft

$1,032/mo

Get pre-qualified

Duplex

Built in 1960

-- sqft lot

$139,900 Zestimate^®

$70/sqft

$-- HOA

What's special

INVESTORS ONLY! Wonderful 4 bedroom 2 bathroom brick duplex that was fully rehabbed in 2021! Each unit is a 2/1 with central heat and air. ONLINE VIDEO AVAILABLE UPON REQUEST. This property is on a corner lot and has covered parking and would be a great addition to your investment portfolio. The right side unit (2043 Lamar) is leased at $920/mo. & the left side unit (2045 Lamar) is currently vacant but it has been rehabbed in 2026 & it is being marketed for rent. Property is professionally managed (lease, ledger, repair history available upon request). This duplex is estimated at over 2,000 square feet so it is quite large and appears to be in overall nice condition. Total rent is estimated at over $1800 once fully leased. Seller is also selling 39 E. Frank, Memphis, TN (can buy individually or in bulk). No wholesalers, no assignments, no sign in the yard. Make offers contingent on interior inspection.

87 days
24
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Water Heater

Features

Pantry in Kitchen, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile
Has fireplace: No

Interior area

Total interior livable area: 2,005 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 5,525 Square Feet
Dimensions: 85 x 65
Features: Some Trees

Details

Parcel number: 031099 00002

Construction

Type & style

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

Materials

Brick Veneer
Roof: Composition Shingles

Condition

Year built: 1960

Community & HOA

Community

Subdivision: Worthington Pl

Location

Region: Memphis

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $180,600
Annual tax amount: $3,807
Date on market: 7/27/2026
Cumulative days on market: 88 days
Listing terms: Other (See Remarks)
Lease term: 12 Months
Total actual rent: 920

Estimated market value

$139,900

$133,000 - $147,000

$1,445/mo

Price history

Date	Event	Price
8/8/2026	Pending sale	$139,900$70/sqft
Source: MAAR #10227063 Report a problem
7/27/2026	Listed for sale	$139,900-15.2%$70/sqft
Source: MAAR #10227055 Report a problem
6/26/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/1/2024	Listed for rent	$880
Source: Zillow Rentals Report a problem
9/17/2021	Sold	$164,900+163.8%$82/sqft
Source: Public Record Report a problem
1/29/2021	Sold	$62,500+90%$31/sqft
Source: Public Record Report a problem
2/1/2008	Sold	$32,900-44.7%$16/sqft
Source: Public Record Report a problem
5/24/2007	Sold	$59,480-49.2%$30/sqft
Source: Public Record Report a problem
8/10/2006	Sold	$117,000$58/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,808 +71.5%	$72,240 +114.2%
2024	$2,221 +8.1%	$33,720
2023	$2,054	$33,720
2022	--	$33,720
2021	--	$33,720 +36.4%
2020	$790	$24,720
2019	$790 -21.1%	$24,720
2018	$1,001 -45.1%	$24,720
2017	$1,825 +106.4%	$24,720 -4.9%
2016	$884 +54%	$26,000 -9.1%
2014	$574	$28,600
2013	--	$28,600 +58.9%
2012	--	$18,000
2011	--	$18,000 -30.8%
2010	--	$26,000 -50.2%
2009	--	$52,240 +67.2%
2008	--	$31,240
2007	--	$31,240
2006	--	$31,240
2005	--	$31,240 -6.1%
2004	--	$33,280
2003	--	$33,280
2002	--	$33,280
2001	--	$33,280 +67.4%
2000	--	$19,880