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Tenant-Occupied Duplex
For Sale
$84,900
Pending

832 JOSEPHINE ST, Memphis, TN 38114

Duplex with established tenants and updated exterior components.

Property SizeContact for details
Days on Market689

Property Features for 832 JOSEPHINE ST

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $940

Building Details

Year Built 1964
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Benny Carter · License #284702
Source: Exitrealty
Added: Oct 12, 2024 Changed: Aug 31 Last Checked: Aug 31 at 2:14PM

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 1964, this Memphis duplex is offered with long-term tenants in place. The property received new exterior trim and paint in 2020, along with a new 30-year roof completed that same year.

The property is located at 832 Josephine St in Memphis, Tennessee. Showings and inspections are permitted only after an offer has been accepted, and tenants should not be disturbed. Prospective buyers are asked to drive by before submitting an offer and to verify all school information independently. There is no sign in the yard.

Key Highlights

  • Duplex constructed in 1964
  • Long‑term tenants currently in place
  • New exterior trim and paint completed in 2020

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
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 - Duplex with established tenants and updated exterior components.
Where is this duplex located?
The property is located at 832 JOSEPHINE ST Memphis, TN.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: Duplex constructed in 1964; Long‑term tenants currently in place; New exterior trim and paint completed in 2020
More about this property
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