Tenant-Occupied Brick Duplex in
3793 HELEN ANN Dr Memphis, TN 38127
3793 HELEN ANN Dr, Memphis, TN, 38127
$135,000
For Sale
$135,000
MULTI_FAMILY - Memphis, TN
Property Size1,634 SF
Price / SF$82.62
Days on Market124
Property Features for 3793 HELEN ANN Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,634 SF
Taxes and HOA fees
- Tax Annual Amount
- 760
Building Details
- Year built
- 1973
- Architectural style
- Other
Listing Agency
Crye-Leike, Inc., REALTORS
(901) 756-8900
6525 N Quail Hollow Rd, Memphis, TN
Listed by
Tyler Tapley · License #296080
(901) 871-1290
Added: Mar 16 Checked: Jul 17 at 8:06 am
MLS# 10216873
Listing URL
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 is a fully tenant-occupied brick duplex, presenting an opportunity for investors. The total rent collected is $1,250. Leases and ledgers are available upon request. The property is located in Memphis, TN, within the 38127 postal code area, and is situated in Shelby County. The property size is 1,634 square feet.
Key Highlights
- Fully tenant occupied brick duplex
- Total rent is $1,250
- Great addition to a rental portfolio
Local Financial Insights For Apartment 5plus
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 | $22.5k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.1k | $12.90 |
| − OpEx | −$9.5k | −$5.81 |
| NOI | $11.6k | $7.10 |
1,634 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$185.8K
$162.6K – $216.8K
NOI $13,008 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,596 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 22.48%
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 - Fully occupied duplex, ideal for investors seeking rental income.
Where is this duplex located?
The property is located at 3793 HELEN ANN Dr Memphis, TN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Fully tenant occupied brick duplex; Total rent is $1,250; Great addition to a rental portfolio
