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Two-Unit Duplex with Shared Yard
For Sale
$160,000
Pending

2695 MILTON AVE, Memphis, TN 38111

Distinct floor plans include a larger family-sized residence and a compact one-bedroom unit.

Property SizeContact for details
Days on Market935

Property Features for 2695 MILTON AVE

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $1,157

Building Details

Year Built 1920
Listing Agency: Renshaw Company, REALTORS
Listed By: Crystal Mitchell · License #346815
Source: Exitrealty
Added: Mar 29, 2024 Changed: Sep 14 Last Checked: Sep 15 at 6:25AM

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 Renshaw Company, REALTORS

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Investment Insights

Based on property information with market context.

This duplex contains two separate residences with different configurations. One side provides 3 bedrooms and 2 bathrooms, while the other offers 1 bedroom and 1 bathroom. The units share a backyard, creating a common outdoor area for occupants.

Built in 1920, the property presents two distinct physical conditions: one residence is described as being in great condition, while the other requires complete rehabilitation. The contrasting conditions may be relevant to an owner evaluating immediate occupancy alongside a substantial renovation project. Located in Memphis, Tennessee, the property is identified as a duplex with layouts that can support either dual-household living or residential income use.

Key Highlights

  • Two‑unit duplex with separate residential layouts
  • One side includes 3 bedrooms and 2 bathrooms
  • Second side includes 1 bedroom and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Grocery & Convenience Store Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Distinct floor plans include a larger family-sized residence and a compact one-bedroom unit.
Where is this duplex located?
The property is located at 2695 MILTON AVE Memphis, TN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit duplex with separate residential layouts; One side includes 3 bedrooms and 2 bathrooms; Second side includes 1 bedroom and 1 bathroom
More about this property
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