Memphis Duplex Investment
1327 PEACH Ave, Memphis, TN 38104
- Added:
- Apr 21, 2026
- Days on Market:
- 40
- Last Refresh:
- May 30 at 11:06 pm
Property Features for 1327 PEACH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
- Standard status
- Active
- Size
- 1,340 SF
Taxes and HOA fees
- Tax Annual Amount
- 1263
Building Details
- Year built
- 1946
- Architectural style
- Other
Listing agent Chastity Hardin (901) 281-6367
Listing office Moss Real Estate 4597 William Arnold Road, Memphis, TN (901) 480-7195
Listing date Apr 21, 2026
MLS# 10219779
Listing URL
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Package deal: 3 tenant‑occupied duplexes (6 units total) for $412,000.
- Long‑term tenants with leases through 12/31/26.
- Located in a high‑demand area near Crosstown Concourse, shopping, dining, transportation, and downtown Memphis.
- Each unit is a 1 bedroom, 1 bath.
- Well‑maintained properties with strong rental appeal and long‑term growth potential.
- Fenced backyards.
Overview
This is a prime investment opportunity in Memphis, featuring three tenant-occupied duplexes offered as a package deal. The properties include six units, each with one bedroom and one bathroom. Long-term tenants are currently under lease through December 31, 2026. The well-maintained properties are located near Crosstown Concourse. Each property includes fenced backyards. Situated in a high-demand location, the duplexes are close to shopping, dining, transportation, and downtown amenities. The total property size is 1340 square feet. These income-producing properties offer strong rental appeal and long-term growth potential. The package includes properties at 1327, 1329, 1323, 1325, 1319, and 1321 Peach Ave.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.2k | $12.84 |
| − Vacancy | −$1.1k | −$0.79 |
| EGI | $16.1k | $12.05 |
| − OpEx | −$4.8k | −$3.61 |
| NOI | $11.3k | $8.43 |
1,340 SF · lease $12.84/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$161.4K
$141.3K – $188.4K
NOI $11,301 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$142.9K
$125.1K – $166.8K
NOI $10,006 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$396.0K
$346.5K – $462.0K
NOI $27,722 @ 7.0% cap · market cap 20.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.015728
- Latitude
- 35.147836
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Tenant-occupied duplexes near Crosstown Concourse, a prime investment location.
Where is this duplex located?
The property is located at 1327 PEACH Ave Memphis, TN.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: Package deal: 3 tenant‑occupied duplexes (6 units total) for $412,000.; Long‑term tenants with leases through 12/31/26.; Located in a high‑demand area near Crosstown Concourse, shopping, dining, transportation, and downtown Memphis.
