Tenant-Occupied
For Sale
$215,000
3743 GIVEN Ave, Memphis, TN 38122
Duplexes, Traditional, Memphis, TN
Property Size1,956 SF
Price / SF$109.92
Days on Market342
Property Features for 3743 GIVEN Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Subdivision
TUTWILER TERRACE BLK B
Standard status
Active
Size
1,956 SF
Taxes and HOA fees
Tax Annual Amount
629
Building Details
Year built
1947
Architectural style
Other
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 854-5050
Listed By:
Flor Bernal · License #S-57398
(901) 270-2857
Added: Oct 29, 2025
Changed: Sep 23
Last Checked: Oct 5 at 1:06PM
MLS# 10208734
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 duplex contains 1,956 square feet across two tenant-occupied units. The room schedule includes four bedrooms and two bathrooms, supporting a straightforward residential income property layout. Built in 1947, the property offers an established building configuration rather than new construction.
Located at 3743 Given Ave in Memphis, Tennessee, the property is within ZIP Code 38122 and Shelby County. Its duplex format and existing occupancy are the primary physical and operational characteristics identified for the asset.
Located at 3743 Given Ave in Memphis, Tennessee, the property is within ZIP Code 38122 and Shelby County. Its duplex format and existing occupancy are the primary physical and operational characteristics identified for the asset.
Key Highlights
- Two tenant‑occupied units
- 1,956 square feet of building area
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,496
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,920
$329.9K
Cap Rate 7%
$235,657
$235.7K
Cap Rate 9%
$183,289
$183.3K
Market Conditions
NOI Build-Up for 1,956 SF
Gross rent
$25.1K $12.84/SF
− Vacancy
−$1.5K −$0.79/SF
EGI
$23.6K $12.05/SF
− OpEx
−$7.1K −$3.61/SF
NOI
$16.5K $8.43/SF
Area
Memphis, TN
Vacancy
6.17%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,920
Cap Rate 7%
$235,657
Cap Rate 9%
$183,289
Alternative Uses
Best Use
Multifamily LT 5
$235.7K
$206.2K – $274.9K
NOI $16,496 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$208.6K
$182.6K – $243.4K
NOI $14,605 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$578.1K
$505.8K – $674.4K
NOI $40,466 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units create an established residential income property configuration.
Where is this duplex located?
The property is located at 3743 GIVEN Ave Memphis, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two tenant‑occupied units; 1,956 square feet of building area; Four bedrooms and two bathrooms
