Side-by-Side Duplex with Central
New
For Sale
$224,900
1022 UNIVERSITY St, Memphis, TN 38107
Duplexes, Traditional, Memphis, TN
Property Size2,880 SF
Price / SF$78.09
Days on Market3
Property Features for 1022 UNIVERSITY St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 3
Subdivision
VOLLENTINE PARK
Standard status
Active
Size
2,880 SF
Taxes and HOA fees
Tax Annual Amount
1633
Building Details
Year built
1972
Architectural style
Other
Listing Agency:
BHHS McLemore & Co. Realty · Real Living
(901) 701-7555
Listed By:
Tony Lavelle
(901) 645-1057
Added: Aug 28
Changed: Aug 30
Last Checked: Aug 30 at 3:06PM
MLS# 10229346
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 2,880-square-foot duplex contains two side-by-side residential units, each arranged with a living room, dining area, one bedroom on the main level, and two additional bedrooms upstairs. Both units feature central heating and air conditioning, while separate driveways provide dedicated access for each side. Built in 1972, the property includes four bathrooms across the two residences.
One unit is currently leased, creating an existing rental stream, while the second unit provides additional leasing flexibility. The property is situated in the University/Midtown area with access to the University of Memphis, Rhodes College, Crosstown, Midtown, and Downtown. Nearby surroundings include restaurants, shopping, entertainment, employment centers, and the dining, retail, medical, and arts offerings at Crosstown Concourse.
One unit is currently leased, creating an existing rental stream, while the second unit provides additional leasing flexibility. The property is situated in the University/Midtown area with access to the University of Memphis, Rhodes College, Crosstown, Midtown, and Downtown. Nearby surroundings include restaurants, shopping, entertainment, employment centers, and the dining, retail, medical, and arts offerings at Crosstown Concourse.
Key Highlights
- 2,880‑square‑foot side‑by‑side duplex with 2 residential units
- Each unit includes 1 main‑level bedroom and 2 upstairs bedrooms
- Central heat and air conditioning in both units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 38107, TN
15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, separate driveways, and individual central heating and air conditioning.
Where is this duplex located?
The property is located at 1022 UNIVERSITY St Memphis, TN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 2,880‑square‑foot side‑by‑side duplex with 2 residential units; Each unit includes 1 main‑level bedroom and 2 upstairs bedrooms; Central heat and air conditioning in both units
