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Recently Renovated Duplex

1270 Marechalneil St, Memphis, TN 38114

For Sale
New
$116,000

Both residences are occupied, with nearby schools and community destinations within walking distance.

Property SizeContact for details
Days on Market2

Property Features for 1270 Marechalneil St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Financials

Gross Income $18,000
Average Monthly Rent $750

Site & Location

Neighborhood Kingdom Community Builders

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: Kaizen Realty, LLC
Listed By: Stacia Rosatti
Source: Staciarosatti
Added: Nov 12 Last Checked: Nov 12 at 2:26PM

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 Kaizen Realty, LLC

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Investment Insights

Based on property information with market context.

This duplex contains two occupied residences and was built in 1950. Recent rehabilitation work has been completed, providing an updated condition for the existing two-unit property.

Dunbar Elementary, Melrose Stadium and Orange Mound Community Center are all within walking distance. The property is in the Orange Mound area of Memphis.

Key Highlights

  • Two occupied residential units
  • Rehabilitation work completed recently
  • Built in 1950

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

559
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Memphis, TN

$106 Jul
$100 Aug
$105 Sep
$107 Oct

Properties on Market for Duplexes in Memphis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with nearby schools and community destinations within walking distance.
Where is this duplex located?
The property is located at 1270 Marechalneil St Memphis, TN.
What is the asking price?
The asking price for this property is $116,000.
What are key features of this property?
This property features: Two occupied residential units; Rehabilitation work completed recently; Built in 1950
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