Duplex Requiring Interior
For Sale
$30,000
1049 S WILLETT Ave, Memphis, TN 38114
Duplexes, Traditional, Memphis, TN
Property Size1,392 SF
Price / SF$21.55
Days on Market21
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 6, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 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
Changed: Aug 23
Last Checked: Aug 23 at 4:06PM
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 1392 square feet and was constructed in 1952. Work completed during the current ownership includes roof installation, repairs to deteriorated wood, and fresh interior paint. The interior still requires major rehabilitation, making the property a project-oriented residential income asset.
The property is located at 1049 S WILLETT Ave in Memphis, Tennessee 38114. Its six listed bedrooms and four listed bathrooms provide the existing residential configuration, subject to verification during inspection. The seller requires cash offers and requests that inspections be completed in advance.
The property is located at 1049 S WILLETT Ave in Memphis, Tennessee 38114. Its six listed bedrooms and four listed bathrooms provide the existing residential configuration, subject to verification during inspection. The seller requires cash offers and requests that inspections be completed in advance.
Key Highlights
- Duplex with 1392 square feet of building area
- Built in 1952
- Roof installation completed
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
399
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 - The property includes completed roof work, wood repairs, and interior paint, while substantial interior renovation remains necessary.
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 1392 square feet of building area; Built in 1952; Roof installation completed
