Two-Duplex Multifamily
For Sale
$144,900
1277 Smith Ave, Memphis, TN 38107
Four-unit configuration includes two month-to-month leases, one fixed-term lease, and one vacant unit.
Property SizeContact for details
Days on Market35
Property Features for 1277 Smith Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
1995
Listing Agency:
CrestCore Realty MphsBrokerage
Listed By:
Dean Harris
(901) 619-6170
Source:
Bryanrealty
Added: Jul 31
Changed: Aug 31
Last Checked: Sep 1 at 10:11PM
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 CrestCore Realty MphsBrokerage
Investment Insights
Based on property information with market context.
This multifamily property comprises two duplex buildings situated on one parcel, with four residential units at 1275, 1277, 1281, and 1283 Smith Ave. The property was built in 1995 and includes a mix of current occupancy and availability: 1275 Smith is vacant, 1277 Smith and 1281 Smith are leased on a month-to-month basis, and 1283 Smith is leased through October 21, 2026.
The property is located in Memphis, Tennessee, near commerce and industry. The four-unit configuration provides a clearly defined residential income asset with both existing tenancy and one vacant unit.
The property is located in Memphis, Tennessee, near commerce and industry. The four-unit configuration provides a clearly defined residential income asset with both existing tenancy and one vacant unit.
Key Highlights
- Two duplex buildings located on one parcel
- Four‑unit property at 1275, 1277, 1281, and 1283 Smith Ave
- Built in 1995
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 38107, TN
15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
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 - Four-unit configuration includes two month-to-month leases, one fixed-term lease, and one vacant unit.
Where is this duplex located?
The property is located at 1277 Smith Ave Memphis, TN.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Two duplex buildings located on one parcel; Four‑unit property at 1275, 1277, 1281, and 1283 Smith Ave; Built in 1995
