Renovation-Ready
New
For Sale
$30,000
1049 S WILLETT Ave, Memphis, TN 38114
MULTI_FAMILY - Memphis, TN
Property Size1,392 SF
Price / SF$21.55
Days on Market4
Property Features for 1049 S WILLETT Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Subdivision
NEELY RAYNER
Standard status
Active
Size
1,392 SF
Taxes and HOA fees
Tax Annual Amount
406
Building Details
Year built
1952
Architectural style
Other
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 756-8900
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Added: Aug 3
Last Checked: Aug 6 at 7:06AM
MLS# 10227498
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 1,392 square feet across a six-bedroom, four-bathroom configuration. Built in 1952, the property has received several improvements, including interior paint, repairs to rotted wood, and roof installation. The interior still requires major renovation, creating a clearly defined rehabilitation scope for a new owner.
Located at 1049 S WILLETT Ave in Memphis, Tennessee, the property is identified within ZIP code 38114. The sale is limited to cash offers, and inspections are required before proceeding.
Located at 1049 S WILLETT Ave in Memphis, Tennessee, the property is identified within ZIP code 38114. The sale is limited to cash offers, and inspections are required before proceeding.
Key Highlights
- Duplex with 1,392 square feet
- Six bedrooms and four bathrooms
- Built in 1952
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with completed exterior work and substantial interior renovation needs.
Where is this duplex located?
The property is located at 1049 S WILLETT Ave Memphis, TN.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Duplex with 1,392 square feet; Six bedrooms and four bathrooms; Built in 1952
