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Renovated Duplex with In-Unit Laundry
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805 N Avalon St, Memphis, TN 38107

Renovated duplex with washer/dryer in each unit and central heating and cooling.

Property SizeContact for details
Days on Market122

Property Features for 805 N Avalon St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

washer/dryer in each unit
central heating and cooling
gas and water heater

Building Details

Year Renovated 2010
Stories 2
Tenancy Multi
Listing Agency: Woodyard Realty Corporation
Listed By: Steve Woodyard · License #TN 217464
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 11:53PM

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 Woodyard Realty Corporation

Investment Insights

Based on property information with market context.

This renovated duplex offers a value-add setup with month-to-month leases currently set well below market. The property was renovated in 2010 and includes washer/dryer in each unit. The downstairs unit features a large living room/den measuring 23 x 17, with central heating and cooling and gas and water heater.

The upstairs unit is also equipped with central heating and cooling and shares the same gas and water heater setup. Current rents are $795 for the downstairs unit and $695 for the upstairs unit.

With in-unit laundry and central HVAC in both units, this duplex is designed for straightforward residential income operation and offers flexibility given the month-to-month lease structure.

Key Highlights

  • Renovated duplex completed in 2010, offering a value‑add setup on month‑to‑month leases
  • Washer/dryer in each unit
  • Downstairs unit has a large living/den area measuring 23 x 17

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Accounting Firm Building Supply

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

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

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

What type of property is this?
Duplex - Renovated duplex with washer/dryer in each unit and central heating and cooling.
Where is this duplex located?
The property is located at 805 N Avalon St Memphis, TN.
What are key features of this property?
This property features: Renovated duplex completed in 2010, offering a value‑add setup on month‑to‑month leases; Washer/dryer in each unit; Downstairs unit has a large living/den area measuring 23 x 17
(901) 767-1998 Call to check price and availability
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