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Duplex With Recent Roof Work
For Sale
$30,000

1049 S Willett St, Memphis, TN 38114

Two-unit residential property with completed roof installation and substantial interior rehabilitation needs.

Property Size1,392 SF
Price / SF$21.55
Days on Market21

Property Features for 1049 S Willett St

General Information

Standard status Active
Size 1,392 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence interior will need major repairs

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Tyler Tapley · License #296080
Source: Exprealty
Added: Aug 3 Changed: Aug 22 Last Checked: Aug 23 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This 1,392-square-foot duplex offers a two-unit residential configuration with a substantial interior rehabilitation requirement. Improvements completed during current ownership include interior painting, repairs to rotted wood, and installation of a roof. The interior remains in need of major repairs, creating a clearly defined renovation scope for the next owner.

The property is located at 1049 S Willett St in Memphis, Tennessee. The transaction requires cash offers, and inspections are to be completed up front.

Key Highlights

  • 1,392‑square‑foot duplex at 1049 S Willett St, Memphis, TN
  • Roof installed during current ownership
  • Interior paint completed

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with completed roof installation and substantial interior rehabilitation needs.
Where is this duplex located?
The property is located at 1049 S Willett St 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: 1,392‑square‑foot duplex at 1049 S Willett St, Memphis, TN; Roof installed during current ownership; Interior paint completed
More about this property
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