Duplex with Long-Term
For Sale
$125,000
3803-3805 Hyacinth Dr, Memphis, TN 38115
Two residential units carry leases extending into 2027 and 2028, supporting continuity of occupancy.
Property Size2,134 SF
Price / SF$58.58
Days on Market32
Property Features for 3803-3805 Hyacinth Dr
General Information
Standard status
Active
Size
2,134 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
hard-surface flooring
shaker-style kitchen cabinets
central HVAC
fenced backyard
Building Details
Year Built
1973
Listing Agency:
Harris Realty Services
(901) 212-2414
Listed By:
The Eric Crutcher Sales Team
(901) 212-2414
Source:
Doorstep-realty
Added: Jul 30
Changed: Aug 29
Last Checked: Aug 29 at 1:17PM
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 Harris Realty Services
Investment Insights
Based on property information with market context.
This duplex contains 2,134 square feet and was built in 1973. One residence is described as a well-maintained 3BR/2BA home with hard-surface floors, shaker-style cabinetry, a bright living room, central HVAC, and a fenced backyard. The property is professionally managed in-house, and the two sides have lease terms extending through 02/18/2028 and 02/28/2027.
The property is located near FedEx and Memphis International Airport, with access to I-240 and nearby everyday destinations including Kroger, Hickory Ridge Mall, St. Francis Hospital, Lichterman Nature Center, Hickory Ridge Elementary, and Power Center Academy. The address is 3803-3805 Hyacinth Dr, Memphis, TN 38115.
The property is located near FedEx and Memphis International Airport, with access to I-240 and nearby everyday destinations including Kroger, Hickory Ridge Mall, St. Francis Hospital, Lichterman Nature Center, Hickory Ridge Elementary, and Power Center Academy. The address is 3803-3805 Hyacinth Dr, Memphis, TN 38115.
Key Highlights
- 2,134 SF duplex built in 1973
- Lease terms extend through 02/18/2028 and 02/28/2027
- One residence features 3BR/2BA, central HVAC, and hard‑surface flooring
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 38115, TN
40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units carry leases extending into 2027 and 2028, supporting continuity of occupancy.
Where is this duplex located?
The property is located at 3803-3805 Hyacinth Dr Memphis, TN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2,134 SF duplex built in 1973; Lease terms extend through 02/18/2028 and 02/28/2027; One residence features 3BR/2BA, central HVAC, and hard‑surface flooring
