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Duplex with Separate Meters
For Sale
$90,000

3581 ROCKWOOD Ave, Memphis, TN 38122

Duplexes, Traditional, Memphis, TN

Property Size1,277 SF
Price / SF$70.48
Days on Market8

Property Features for 3581 ROCKWOOD Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Subdivision E O BAILEY BLK 11
Standard status Active
Size 1,277 SF

Taxes and HOA fees

Tax Annual Amount 728

Building Details

Year built 1940
Architectural style Other
Listing Agency: Zach Taylor Real Estate
Listed By: Tara Woodley
Added: Sep 28 Last Checked: Oct 5 at 11:06PM
MLS# 10231246

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 1,277-square-foot duplex, built in 1940, contains two units, each arranged with two bedrooms and one bathroom. Separate meters serve the two sides. The property is being offered in its current condition.

One unit is occupied under a month-to-month lease, and the resident has been there for approximately 4 years. The other unit is vacant and requires repairs or updates before it is ready for occupancy.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,277 square feet; built in 1940
  • Separate meters for each side

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each side has a two-bedroom, one-bath layout, with one unit vacant and in need of updates.
Where is this duplex located?
The property is located at 3581 ROCKWOOD Ave Memphis, TN.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,277 square feet; built in 1940; Separate meters for each side
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