1352 S COOPER St, Memphis, TN 38114
MULTI_FAMILY - Memphis, TN
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 4:06 pm
Property Features for 1352 S COOPER St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
- Standard status
- Active
- Size
- 1,656 SF
Taxes and HOA fees
- Tax Annual Amount
- 2340
Building Details
- Year built
- 1949
- Architectural style
- Other
Listing agent Jeremy Veldman (662) 418-7511
Listing office KAIZEN Realty, LLC 7540 North Street, Germantown, TN (901) 221-4041
Listing date Jun 9, 2026
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
- Solid cash‑flowing duplex built in 1949 with both sides currently rented
- Total rent $1,700/month ($850 per unit); tenants are current and described as excellent payers
- Unit 1352: lease expires 12/31/2026; tenant moved in 12/20/2022
- Unit 1354: lease expires 3/31/2027; tenant moved in 3/4/2025
- Totally renovated in 2022 with new roof, HVAC, water heater, exterior paint, and kitchen/bath updates
Overview
The property is located at 1352 S COOPER St in Memphis, Shelby County, TN 38114. It is professionally managed, and prospective buyers should not disturb tenants.
This offering is presented for investors seeking a duplex with ongoing occupancy and existing lease terms. Because both tenants are current and the property has undergone substantial 2022 renovations, it may be a practical fit for buyers looking to add a managed, turn-key income-producing asset to their portfolio. Listing is for investors only, and no wholesale, creative, or seller financing offers will be considered.
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 | $21.3k | $12.84 |
| − Vacancy | −$1.3k | −$0.79 |
| EGI | $20.0k | $12.05 |
| − OpEx | −$6.0k | −$3.61 |
| NOI | $14.0k | $8.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.992011
- Latitude
- 35.108795
