Fantastic investment opportunity in a convenient Memphis location! Situated just off Summer Avenue and Raleigh Lagrange Road, this tenant-occupied duplex offers immediate rental income and long-term potential. Both tenants would like to remain in place, providing a seamless transition for the new owner. Whether you're looking to expand your rental portfolio or add a cash-flowing property to your investments, this duplex is worth a look. Property is tenant occupied. Proof of funds required prior to showing approval. A minimum of 48 hours' notice is required for all showings, in addition to proof of funds. Do not disturb tenants.
For sale
$240,000
2233 Mangum Rd, Memphis, TN 38134
4beds
2,320sqft
Duplex
Built in 1989
-- sqft lot
$235,000 Zestimate®
$103/sqft
$-- HOA
What's special
- 5 days |
- 411 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Julie Burch,
eXp Realty 901-310-4363,
Melissa Thompson,
eXp Realty
Source: MAAR,MLS#: 10224365
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Sprayed Ceiling, Pantry in Kitchen, Separate Dining Room, Separate Living Room, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Tile
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,320 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.36 Acres
- Dimensions: 82 x 190
- Features: Corner Lot, Level, Some Trees
Details
- Parcel number: 088044 00050C
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Veneer, Vinyl Siding
- Roof: Composition Shingles
Condition
- Year built: 1989
Community & HOA
Community
- Subdivision: Woodfield Park
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $228,600
- Annual tax amount: $4,820
- Date on market: 6/19/2026
- Listing terms: Conventional
- Lease term: Month To Month
- Total actual rent: 2475
Estimated market value
$235,000
$223,000 - $247,000
$1,353/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $240,000$103/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,820 +66.6% | $91,440 +108.2% |
| 2024 | $2,892 +8.1% | $43,920 |
| 2023 | $2,675 | $43,920 |
| 2022 | -- | $43,920 |
| 2021 | -- | $43,920 +29.8% |
| 2020 | $1,082 | $33,840 |
| 2019 | $1,082 -21.1% | $33,840 |
| 2018 | $1,371 -45.1% | $33,840 |
| 2017 | $2,498 +108.7% | $33,840 -3.9% |
| 2016 | $1,197 | $35,200 |
| 2014 | -- | $35,200 +220% |
| 2013 | -- | $11,000 -36.8% |
| 2012 | -- | $17,400 |
| 2011 | -- | $17,400 |
| 2010 | -- | $17,400 |
| 2009 | -- | $17,400 |
| 2008 | -- | $17,400 |
| 2007 | -- | $17,400 |
| 2006 | -- | $17,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 4/10Shelby Oaks Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Kate Bond MiddleGrades: 6-8Distance: 3.4 mi
- 3/10Kingsbury High SchoolGrades: 9-12Distance: 3.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Shelby County
- Memphis
- 38134
- Raleigh
- 2233 Mangum Rd
Nearby cities
Nearby neighborhoods
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- Downtown Real estate
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- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
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