INVESTORS ONLY! Terrific opportunity to own a great duplex that is steps away from U of M (fully rented--100% occupancy)! Each tenant is paying $840/month (total rent of $1680) in one of the best areas of Memphis! Each unit is 2 beds 1 bath with Central HVAC! ONLINE VIDEO AVAILABLE UPON REQUEST! Owner self manages it & exterior was painted and wood replaced in 2020. All appliances remain with the property except for washers & dryers. Excellent ROI! No wholesalers or creative/owner financing.
Closed
$183,000
3577 Clayphil Ave, Memphis, TN 38111
4beds
2baths
1,612sqft
Multi Family
Built in 1968
-- sqft lot
$181,200 Zestimate®
$114/sqft
$1,050 Estimated rent
Home value
$181,200
$167,000 - $196,000
$1,050/mo
Zestimate® history
Owner options
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$1,192/mo
Est. payment
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$1,192/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Tyler Tapley 901-871-1290,
Crye-Leike, Realtors
Bought with:
Jimmie Tapley
Crye-Leike, Realtors
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3084849
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,612
- Total interior livable area: 1,612 sqft
Property
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 7,250 sqft
- Dimensions: 50 x 145
Details
- Parcel number: 046016 00015
- 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: 1968
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Washington Heights
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2024 | Sold | $183,000+1.7%$114/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3084849 Report a problem | ||
| 7/24/2024 | Pending sale | $179,950$112/sqft |
Source:  MAAR #10177042 Report a problem | ||
| 7/22/2024 | Listed for sale | $179,950$112/sqft |
Source: MAAR #10177042 Report a problem | ||
| 7/19/2024 | Pending sale | $179,950$112/sqft |
Source: MAAR #10177042 Report a problem | ||
| 7/16/2024 | Listed for sale | $179,950+102.2%$112/sqft |
Source: MAAR #10177042 Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/10/2020 | Listing removed | $770 |
Source: Owner Report a problem | ||
| 2/15/2020 | Price change | $770-1.9% |
Source: Owner Report a problem | ||
| 2/3/2020 | Listed for rent | $785 |
Source: Owner Report a problem | ||
| 12/23/2019 | Sold | $89,000+34.4%$55/sqft |
Source: MAAR #10067846 Report a problem | ||
| 3/13/2002 | Sold | $66,198$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,156 +78.1% | $78,840 +122.5% |
| 2024 | $2,334 +8.1% | $35,440 |
| 2023 | $2,159 | $35,440 |
| 2022 | -- | $35,440 |
| 2021 | -- | $35,440 +29.9% |
| 2020 | $872 | $27,280 |
| 2019 | $872 -21.1% | $27,280 |
| 2018 | $1,105 -45.1% | $27,280 |
| 2017 | $2,014 +120% | $27,280 +1.3% |
| 2016 | $915 -13.3% | $26,920 |
| 2014 | $1,056 | $26,920 |
| 2013 | -- | $26,920 +4.3% |
| 2012 | -- | $25,800 -22.1% |
| 2011 | -- | $33,120 |
| 2010 | -- | $33,120 -20.2% |
| 2009 | -- | $41,520 +105.5% |
| 2008 | -- | $20,200 |
| 2007 | -- | $20,200 |
| 2006 | -- | $20,200 |
| 2005 | -- | $20,200 +36.3% |
| 2004 | -- | $14,825 |
| 2003 | -- | $14,825 |
| 2002 | -- | $14,825 -16.7% |
| 2001 | -- | $17,800 +7.1% |
| 2000 | -- | $16,625 |
Find assessor info on the county website
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 1.4 mi
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$181,200
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$184,824
- Tennessee
- Shelby County
- Memphis
- 38111
- East Memphis-Colonial-Yorkshire
- 3577 Clayphil Ave
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