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Four-Duplex Multifamily Property
For Sale
$53,750

1070 Overton Park Ave, Memphis, TN 38105

Four duplexes provide residential income units with two-bedroom layouts and cosmetic renovation needs.

Property SizeContact for details
Days on Market52

Property Features for 1070 Overton Park Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence in need of cosmetic upgrades

Additional Details

Multifamily Units 8

Building Details

Year Built 1923
Buildings 4
Listing Agency: Lawrence Johnson, Realtors
Listed By: John Quinn
Source: Johnquinnrealestate
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 29 at 8:57AM

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 Lawrence Johnson, Realtors

Investment Insights

Based on property information with market context.

This multifamily property includes four duplexes, each described with a great room, two bedrooms, one bathroom, and a kitchen. The homes were built in 1923 and require cosmetic upgrades, presenting a renovation-focused residential income asset with existing layouts in place.

Set on Overton Park Ave in Memphis, the property is located in a cove and minutes from downtown and midtown. Its configuration offers multiple duplex buildings within one residential income property, with the existing floor plans providing a defined starting point for future improvements.

Key Highlights

  • Four duplexes included in one multifamily property
  • Great room, two bedrooms, one bathroom, and kitchen layouts
  • Built in 1923

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,960
Businesses Nearby

Demographics for 38105, TN

6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
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 - Four duplexes provide residential income units with two-bedroom layouts and cosmetic renovation needs.
Where is this duplex located?
The property is located at 1070 Overton Park Ave Memphis, TN.
What is the asking price?
The asking price for this property is $53,750.
What are key features of this property?
This property features: Four duplexes included in one multifamily property; Great room, two bedrooms, one bathroom, and kitchen layouts; Built in 1923
More about this property
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