Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the second unit leases up. The property is professionally managed, making it an ideal fit for hands-off and out-of-state investors who want a stabilized asset without the day-to-day operational burden. No showings without accepted offer. No creative/seller finance
8 days
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101
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10
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Caleb Parr,
Renshaw Company, REALTORS901-820-4367
Source: MAAR,MLS#: 10228410
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Heating
Central
Cooling
Central Air
Features
Updated/Renovated Kit, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)