Investor Special – Prime Duplex Opportunity at 486–488 Burlington!
Unlock serious potential with this nearly-finished duplex being sold AS-IS — the heavy lifting is DONE, and the upside is all yours. Perfect for the savvy fix & flip investor looking for a quick turnaround or long-term rental income play.
Renovation Progress Includes:
• Brand New Windows
• Central Heat Units already installed
• Rough-In Plumbing, Electrical, and Mechanical fully complete
• Fresh Exterior Paint gives instant curb appeal
• Insulation & Sheetrock install
This is your chance to grab a solid asset with high ROI potential — all that’s left is your finishing touch. Located in an up-and-coming area with strong comps and rental demand.
Buy. Finish. Flip or Hold. Either way — this one makes dollars and sense.,
Sold for $90,000
$90,000
486 Burlington Cir, Memphis, TN 38127
2beds
1,100sqft
MultiFamily
Built in 1960
-- sqft lot
$90,200 Zestimate®
$82/sqft
$914 Estimated rent
Home value
$90,200
$85,000 - $96,000
$914/mo
Zestimate® history
Owner options
List your home for rent
$914/mo
Rent Zestimate®
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$914/mo
Rent Zestimate®
Refinance and save
$452/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$452/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Brick
Lot
- Size: 10,715 Square Feet
Details
- Parcel number: 06901800038
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1960
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $72,400
- Annual tax amount: $954
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $90,000+15.4%$82/sqft |
Source: Public Record Report a problem | ||
| 8/12/2025 | Price change | $78,000+20%$71/sqft |
Source: Owner Report a problem | ||
| 7/24/2025 | Price change | $65,000-20.7%$59/sqft |
Source: Owner Report a problem | ||
| 7/23/2025 | Pending sale | $82,000$75/sqft |
Source: Owner Report a problem | ||
| 7/16/2025 | Listed for sale | $82,000$75/sqft |
Source: Owner Report a problem | ||
| 7/11/2025 | Pending sale | $82,000$75/sqft |
Source: Owner Report a problem | ||
| 7/9/2025 | Listed for sale | $82,000$75/sqft |
Source: Owner Report a problem | ||
| 7/9/2025 | Pending sale | $82,000$75/sqft |
Source: Owner Report a problem | ||
| 7/5/2025 | Listed for sale | $82,000+228%$75/sqft |
Source: Owner Report a problem | ||
| 4/15/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/13/2025 | Listed for sale | $25,000$23/sqft |
Source: Owner Report a problem | ||
| 2/27/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/18/2025 | Listed for sale | $25,000$23/sqft |
Source: Owner Report a problem | ||
| 2/11/2025 | Pending sale | $25,000$23/sqft |
Source: Owner Report a problem | ||
| 2/10/2025 | Listed for sale | $25,000$23/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $954 | $18,100 |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | $10,150 |
| 2021 | -- | $10,150 +12.2% |
| 2020 | $289 | $9,050 |
| 2019 | $289 -21.1% | $9,050 |
| 2018 | $367 -45.1% | $9,050 |
| 2017 | $668 +123.3% | $9,050 +2.8% |
| 2016 | $299 -20.8% | $8,800 |
| 2014 | $378 | $8,800 -9.5% |
| 2013 | -- | $9,725 -17.9% |
| 2012 | -- | $11,850 |
| 2011 | -- | $11,850 |
| 2010 | -- | $11,850 |
| 2009 | -- | $11,850 -8.8% |
| 2008 | -- | $13,000 |
| 2007 | -- | $13,000 |
| 2006 | -- | $13,000 |
| 2005 | -- | $13,000 +11.3% |
| 2004 | -- | $11,675 |
| 2003 | -- | $11,675 |
| 2002 | -- | $11,675 |
| 2001 | -- | $11,675 +54.6% |
| 2000 | -- | $7,550 |
Find assessor info on the county website
Neighborhood: Shelby Forest-Frayser
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Nearby schools
GreatSchools rating
- 4/10Westside Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 3.4 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 4 mi
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- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 486 Burlington Cir
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate