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For sale
    • $185,000

    996 University St, Memphis, TN 38107

    4beds
    2,709sqft
    : 
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    Duplex
    Built in 1967
    -- sqft lot
    $173,000 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.
    81 days
    |
    259
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Evans,

    Reedy & Company, REALTORS 901-842-0805

    Source: MAAR,MLS#: 10219661MLS Logo

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      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

        $173,000

        $163,000 - $182,000

        $986/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        43 / 100
        Car-Dependent
        31 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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