Updated Contemporary
For Sale
$190,000
2525 ROZELLE Rd, Memphis, TN 38114
Duplexes, Soft Contemporary, Memphis, TN
Property Size2,280 SF
Price / SF$83.33
Days on Market300
Property Features for 2525 ROZELLE Rd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3
Subdivision
ALCY HILLS SEC A FIRST ADDN
Standard status
Active
Size
2,280 SF
Taxes and HOA fees
Tax Annual Amount
2163
Building Details
Year built
2005
Architectural style
Contemporary
Listing Agency:
Real Broker
(844) 591-7325
Listed By:
Brittan Robbins
(901) 494-6401
Added: Dec 11, 2025
Changed: Sep 16
Last Checked: Oct 7 at 9:06AM
MLS# 10211237
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This contemporary duplex contains two residential units totaling 2,280 square feet. Each unit offers three bedrooms and one-and-a-half bathrooms, with an open arrangement that connects the living and dining areas to the kitchen. The property was built in 2005 and has updated interior finishes, including luxury vinyl flooring and subway tile backsplashes in the kitchens.
Located at 2525 ROZELLE Rd in Memphis, Tennessee, the property is identified by ZIP Code 38114. The unit layouts include generously sized living rooms, dining areas, kitchens, and bedrooms, providing a consistent configuration across both residences.
Located at 2525 ROZELLE Rd in Memphis, Tennessee, the property is identified by ZIP Code 38114. The unit layouts include generously sized living rooms, dining areas, kitchens, and bedrooms, providing a consistent configuration across both residences.
Key Highlights
- Two‑unit duplex with 2,280 square feet
- Each unit includes 3 BR/1.5 BA
- Built in 2005 with Contemporary architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,025
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,500
$340.5K
Cap Rate 7%
$243,214
$243.2K
Cap Rate 9%
$189,167
$189.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$33.1K $14.52/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$31.0K $13.58/SF
− OpEx
−$13.9K −$6.11/SF
NOI
$17.0K $7.47/SF
Area
Memphis, TN
Vacancy
6.50%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,500
Cap Rate 7%
$243,214
Cap Rate 9%
$189,167
Alternative Uses
Best Use
Multifamily LT 5
$274.7K
$240.4K – $320.5K
NOI $19,228 @ 7.0% cap · market cap 10.12%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,025 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$673.8K
$589.6K – $786.2K
NOI $47,169 @ 7.0% cap · market cap 24.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature refreshed interiors, open living areas, and contemporary kitchen finishes.
Where is this duplex located?
The property is located at 2525 ROZELLE Rd Memphis, TN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,280 square feet; Each unit includes 3 BR/1.5 BA; Built in 2005 with Contemporary architectural style
