Memphis Duplex Investment
1055 TREADWELL St Memphis, TN 38122
1055 TREADWELL St, Memphis, TN, 38122
$160,000
For Sale
$160,000
MULTI_FAMILY - Memphis, TN
Property Size1,738 SF
Price / SF$92.06
Days on Market72
Property Features for 1055 TREADWELL St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,738 SF
Taxes and HOA fees
- Tax Annual Amount
- 648
Building Details
- Year built
- 1967
- Architectural style
- Other
Listing Agency
Crye-Leike, Inc., REALTORS
(901) 756-8900
6525 N Quail Hollow Rd, Memphis, TN
Listed by
Jimmie Tapley
(901) 336-7898
Added: May 10 Updated: Jul 19 at 8:37 am Checked: Jul 20 at 8:06 pm
MLS# 10221230
Listing URL
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 Memphis duplex features two units, each containing 2 bedrooms and 1 bathroom. Constructed with painted brick, the property includes central air and heat. Both units are currently occupied by tenants, each paying $795 per month. The property is professionally managed, presenting an opportunity for investment or owner-occupancy with rental income potential. The property size is 1,738 square feet.
Key Highlights
- 1967‑built painted brick duplex with two 2‑bedroom, 1‑bath units
- Each unit is occupied by a tenant paying $795/mo
- Central air and heat in each side
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 | $22.3k | $12.84 |
| − Vacancy | −$1.4k | −$0.79 |
| EGI | $20.9k | $12.05 |
| − OpEx | −$6.3k | −$3.61 |
| NOI | $14.7k | $8.43 |
1,738 SF · lease $12.84/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$209.4K
$183.2K – $244.3K
NOI $14,657 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,977 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 22.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit property in Memphis, Tennessee, generating rental income.
Where is this duplex located?
The property is located at 1055 TREADWELL St Memphis, TN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1967‑built painted brick duplex with two 2‑bedroom, 1‑bath units; Each unit is occupied by a tenant paying $795/mo; Central air and heat in each side
