New Construction
3025 WAYNOKA Ave Memphis, TN 38111
3025 WAYNOKA Ave, Memphis, TN, 38111
$269,900
For Sale
$269,900
MULTI_FAMILY - Memphis, TN
Property Size1,738 SF
Price / SF$155.29
Days on Market17
Property Features for 3025 WAYNOKA Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
- Size
- 1,738 SF
Taxes and HOA fees
- Tax Annual Amount
- 74
Building Details
- Year built
- 2026
Listing agency
KAIZEN Realty, LLC
(901) 221-4041
Listed by
Joshua Moss · License #341627
(901) 590-8636
Added: Jul 6 Updated: Jul 19 at 8:37AM Checked: Jul 22 at 6:06PM
MLS# 10225501
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 new construction duplex includes two separate residential units. Each unit is designed with two bedrooms and one bathroom, offering a practical layout for both renters and owner-occupants. Interior finishes are modern and durable, with LVP flooring throughout, granite countertops in the kitchen area, and thoughtfully selected bathroom vanities. The configuration supports straightforward operations as a low-maintenance residential income property.
The property is located in Memphis, Tennessee, at 3025 Waynoka Ave in Shelby County (ZIP 38111). The address reflects a two-unit structure identified as 3023–3025 Waynoka Ave, allowing for clear ownership and management of both sides under one property.
For investors, the duplex format can appeal to those seeking a manageable, two-unit portfolio addition with consistent unit amenities across both sides. For an owner-occupant, the layout supports a house-hack approach by living in one unit while renting the other, using the same interior finish package to maintain uniformity. If you’re looking for a turnkey duplex designed for practical occupancy and day-to-day manageability, this 2-and-1 configuration on Waynoka Ave is worth a close look.
The property is located in Memphis, Tennessee, at 3025 Waynoka Ave in Shelby County (ZIP 38111). The address reflects a two-unit structure identified as 3023–3025 Waynoka Ave, allowing for clear ownership and management of both sides under one property.
For investors, the duplex format can appeal to those seeking a manageable, two-unit portfolio addition with consistent unit amenities across both sides. For an owner-occupant, the layout supports a house-hack approach by living in one unit while renting the other, using the same interior finish package to maintain uniformity. If you’re looking for a turnkey duplex designed for practical occupancy and day-to-day manageability, this 2-and-1 configuration on Waynoka Ave is worth a close look.
Key Highlights
- New construction duplex (3023–3025 Waynoka Ave) currently under construction, built in 2026
- Duplex features 2 units, each with 2 bedrooms and 1 bathroom
- Each unit includes durable LVP flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.3k | $12.84 |
| − Vacancy | −$1.4k | −$0.79 |
| EGI | $20.9k | $12.05 |
| − OpEx | −$6.3k | −$3.61 |
| NOI | $14.7k | $8.43 |
1,738 SF · lease $12.84/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$209.4K
$183.2K – $244.3K
NOI $14,657 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,977 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey new-build duplex with two 2-bedroom, 1-bath units, featuring LVP floors and granite countertops.
Where is this duplex located?
The property is located at 3025 WAYNOKA Ave Memphis, TN.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: New construction duplex (3023–3025 Waynoka Ave) currently under construction, built in 2026; Duplex features 2 units, each with 2 bedrooms and 1 bathroom; Each unit includes durable LVP flooring
