For sale

$185,000

996 University St, Memphis, TN 38107

4beds

2,709sqft

$1,300/mo

Get pre-qualified

Duplex

Built in 1967

-- sqft lot

$-- Zestimate^®

$68/sqft

$-- HOA

What's special

Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

132 days
207
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Updated/Renovated Kit, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Wood Laminate Floors

Interior area

Total interior livable area: 2,709 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 2
Pool features: None

Lot

Size: 7,500 Square Feet
Dimensions: 60 x 125
Features: Level

Details

Parcel number: 041034 00150

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

Year built: 1967

Community & HOA

Community

Subdivision: Vollentine Park

Location

Region: Memphis

Financial & listing details

Price per square foot: $68/sqft
Tax assessed value: $149,700
Annual tax amount: $3,156
Date on market: 4/20/2026
Listing terms: Other (See Remarks)
Lease term: Other (Call LA)

Estimated market value

Not available

Estimated sales range

Not available

$1,354/mo

Price history

Date	Event	Price
4/20/2026	Listed for sale	$185,000+139.6%$68/sqft
Source: MAAR #10219661 Report a problem
4/11/2026	Listing removed	$935
Source: Zillow Rentals Report a problem
2/3/2026	Listed for rent	$935
Source: Zillow Rentals Report a problem
1/10/2019	Sold	$77,200-9.2%$28/sqft
Source: MAAR #10038447 Report a problem
10/11/2018	Listed for sale	$85,000-10.4%$31/sqft
Source: Keller Williams Realty Memphis Central #10038447 Report a problem
1/1/2017	Listing removed	$94,900$35/sqft
Source: Crestcore Realty, LLC #9974069 Report a problem
4/3/2016	Listed for sale	$94,900-1%$35/sqft
Source: Crestcore Realty, LLC #9974069 Report a problem
9/29/2015	Listing removed	$95,900$35/sqft
Source: Propertyware Inc Report a problem
6/26/2015	Price change	$95,900-4.1%$35/sqft
Source: Propertyware Inc Report a problem
2/12/2015	Listed for sale	$100,000$37/sqft
Source: Propertyware Inc Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,156 +60%	$59,880 +99.9%
2024	$1,973 +8.1%	$29,960
2023	$1,825	$29,960
2022	--	$29,960
2021	--	$29,960 +37.4%
2020	$697	$21,800
2019	$697 -21.1%	$21,800
2018	$883 -45.1%	$21,800
2017	$1,609 +118.7%	$21,800 +0.7%
2016	$736 -17.6%	$21,640 -20.1%
2014	$893	$27,080 -30%
2013	--	$38,680 +38.1%
2012	--	$28,000
2011	--	$28,000 -13.2%
2010	--	$32,240
2009	--	$32,240 -9.8%
2008	--	$35,760
2007	--	$35,760
2006	--	$35,760
2005	--	$35,760 -0.9%
2004	--	$36,080
2003	--	$36,080
2002	--	$36,080 -11.5%
2001	--	$40,760 +48.3%
2000	--	$27,480