Listing Agency: Epique Realty Show Phone

Listed By: Letitia Alexander Show Phone

Source: Exprealty

Added: Sep 5, 2025 Changed: Aug 30 Last Checked: Aug 31 at 7:19PM

Report an Issue

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 Epique Realty

Investment Insights

Based on property information with market context.

This duplex includes one renovated residence and a second unit requiring rehabilitation. The renovated unit is occupied by a tenant. The property is located at 1501 Fairfax St in Memphis, Tennessee.

Key Highlights

• Duplex configuration with two residential units
• One unit has been renovated and is tenant‑occupied
• Second unit requires rehabilitation

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Pharmacy Spa & Massage Center HVAC Service

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

296

Businesses Nearby

Explore this area Business Placement

Demographics for 38108, TN

17,051

Population

7,881

Households

2.2

Avg Household Size

34

Median Age

11%

College-Educated

73%

High-School Grad

7.6 sq mi

ZIP Area

2,244

Density / Sq Mi

$35,435

Median Household Income

$32,126

Median Earnings

$921

Median Rent

$62,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Dollar Tree NNN Retail Property

1246 Lamar Ave, Memphis, TN 38104

$1,193,000

8,320 SF

View details

Historic Mixed-Use Property

126 Monroe Ave, Memphis, TN 38103

$875,000

10,187 SF

View details

Freestanding Retail Redevelopment Building

2029 Union Avenue, Memphis, TN 38104

$525,000

7,094 SF

View details

Freestanding Office Units

2004 Exeter, Memphis, TN 38138

$599,000

2,000 SF

View details

Freestanding Retail Building with Offices

5685 Quince Road, Memphis, TN 38119

$2,500,000

13,416 SF

View details

Two-Story Office Building

3320 Austin Peay Hwy, Memphis, TN 38128

$1,299,000

20,710 SF

View details

Flex Space with Grade Doors

3212 Jean Dr, Memphis, TN 38118

$630,000

11,066 SF

View details

Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285

2,950 SF

View details

Two-Level Restaurant Condominium

95 S Main St, Memphis, TN 38103

$694,000

3,065 SF

View details

46-Unit Apartment Portfolio

3439 SOUTHERN Ave, Memphis, TN 38111

$1,900,000

7,000 SF

View details

Drive-Thru Coffee Kiosk NNN

1698 Poplar Ave, Memphis, TN 38112

$1,805,000

806 SF

View details

Absolute NNN Wendy’s Restaurant

6781 E Shelby Dr, Memphis, TN 38141

$2,172,276

2,646 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - One residence is renovated, while the other requires rehabilitation.

Where is this duplex located?

The property is located at 1501 Fairfax St Memphis, TN.

What is the asking price?

The asking price for this property is $95,000.

What are key features of this property?

This property features: Duplex configuration with two residential units; One unit has been renovated and is tenant‑occupied; Second unit requires rehabilitation