949 S COX St, Memphis, TN 38104
- Added:
- Jun 11, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 15 at 10:06 am
Property Features for 949 S COX St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4
- Standard status
- Active
- Size
- 1,853 SF
Taxes and HOA fees
- Tax Annual Amount
- 1832
Building Details
- Year built
- 1922
- Architectural style
- Other
Listing agent Brooke Smith (901) 605-7879
Listing office REMAX Experts 1930 Exeter Rd, Germantown, TN (901) 685-6000
Listing date Jun 11, 2026
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.
HighLights
- Renovated duplex built in 1922 with two units, each with 2 bedrooms, a kitchen, a living room, and a laundry room
- Updated interior with original hardwood floors, trim, and doors
- New roof reported, helping minimize maintenance costs
- Includes an inviting front porch
- Property has a history of being always occupied
Overview
Located at 949 S COX St in Memphis, TN 38104, the home is described as being just minutes from the Cooper-Young district and within walking distance of local restaurants and entertainment. The listing positions the property in the heart of Midtown, with access to neighborhood retail and dining options.
For investors, this is a two-unit residential income property with a reported history of always being occupied, providing a straightforward duplex structure for ongoing rental operations. For owner-occupants considering a house-hack approach, the layout supports living in one unit while renting the other, using the existing two-unit design to create separate living arrangements under one ownership.
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 | $23.8k | $12.84 |
| − Vacancy | −$1.5k | −$0.79 |
| EGI | $22.3k | $12.05 |
| − OpEx | −$6.7k | −$3.61 |
| NOI | $15.6k | $8.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.988325
- Latitude
- 35.119728
