Renovated Duplex in High Point
For Sale
$279,000
Pending
505 HIGH POINT TER, Memphis, TN 38122
Two residential units include modernized kitchens and updated building systems.
Property SizeContact for details
Days on Market528
Property Features for 505 HIGH POINT TER
General Information
Standard status
Pending
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,056
Building Details
Year Built
1952
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 754-0800
Listed By:
Tim Tanner · License #272221
(901) 340-7556
Source:
Exitrealty
Added: Mar 25, 2025
Changed: Sep 2
Last Checked: Sep 2 at 8:43PM
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 Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
Built in 1952, this duplex offers two residential units with improvements completed within the past 10 years. Updates include HVAC systems, the roof, hot water heater, sewer line, privacy fencing, electrical service, plumbing, one bathroom, and both kitchens. The property is currently leased on a month-to-month basis, and both units are described as ready for occupancy.
The duplex is located in High Point Terrace in Memphis, with the High Point retail center within walking distance. The property combines a two-unit configuration with substantial updates to major systems and interior spaces.
The duplex is located in High Point Terrace in Memphis, with the High Point retail center within walking distance. The property combines a two-unit configuration with substantial updates to major systems and interior spaces.
Key Highlights
- Duplex in High Point Terrace, Memphis
- Built in 1952 with updates completed within the past 10 years
- HVAC systems, roof, hot water heater, and sewer line updated
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 38122, TN
26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
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 - Two residential units include modernized kitchens and updated building systems.
Where is this duplex located?
The property is located at 505 HIGH POINT TER Memphis, TN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Duplex in High Point Terrace, Memphis; Built in 1952 with updates completed within the past 10 years; HVAC systems, roof, hot water heater, and sewer line updated
