Description
Cash-flowing duplex in the heart of Midtown Memphis. Both units occupied with long-standing tenants, generating income from day one of closing! Ideally suited for the out-of-state investor seeking a hands-off, asset. Unit 1 and Unit 2 are both leased, providing immediate, stabilized rental income with no lease-up period or vacancy risk. Located near Broad Avenue's shops and restaurants and just minutes from the Memphis Zoo and Overton Park, this Midtown location keeps tenant demand strong. Solid bones, established rental history, and consistent cash flow - everything an out-of-state buyer wants in an investment. Financials available upon request. Schedule your due diligence review today!
Details
| MLS # | 10230280 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 15 |
| Listing Provided By | Reedy & Company, REALTORS | Bradley Puckett |
Features
| Story(s) | 1 |
|---|---|
| Units | 2 |
| Building(s) | 1 |
Exterior
| Roof | Shingle/Shake |
|---|---|
| Construction | Brick, Vinyl Siding |
| Foundation | Slab |
Parking
| Parking Facility | Concrete |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744I |
| Community Name | MISSES HANSON |
| Listing VS Median (in MISSES HANSON) | |
Price: $150,000 low | high Med: $0 On site: 15 low | high Med: | |
Market Activity 38112
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744I |
| Community Name | MISSES HANSON |
| Listing VS Median (in MISSES HANSON) | |
Price: $150,000 low | high Med: $0 On site: 15 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $112K - $187K
sqft: 0 - 0
 | $225,0002440 Parkway PlMemphis, TN 38112 |
 | $110,0002405 Parkway PlMemphis, TN 38112 |
Listing Updated: September 23, 2026 at 8:15:36 AM PDT