Turnkey Duplex with Two 2BR
For Sale
Contact for pricing
1535 STANDRIDGE ST, Memphis, TN 38108
Move-in ready duplex with two 2 bed/1 bath units, each side renting up to $750 per month.
Property SizeContact for details
Days on Market142
Property Features for 1535 STANDRIDGE ST
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
12
Building Details
Year Built
1959
Year Renovated
2025
Buildings
5
Stories
1
Units
10
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
Listed By:
Jordan Ray · License #375004
(901) 325-1164
Source:
Crexi
Added: Apr 27
Changed: Sep 10
Last Checked: Sep 15 at 7:12AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This turnkey duplex includes two separate 2 bed/1 bath units. The property is described as move-in ready, with each side configured as a complete unit.
For leasing or rental projections, the listing states each side can be rented as high as $750 per month, supporting an estimated $1,500 in gross monthly rent for the duplex.
The seller is offering an investor portfolio consisting of six duplex properties in 38108, including 1535/1537 Standridge (this offering). The seller would like to sell the properties as a package, though the listing also notes they can be sold individually. Contact the listing broker for tour details and offer terms.
For leasing or rental projections, the listing states each side can be rented as high as $750 per month, supporting an estimated $1,500 in gross monthly rent for the duplex.
The seller is offering an investor portfolio consisting of six duplex properties in 38108, including 1535/1537 Standridge (this offering). The seller would like to sell the properties as a package, though the listing also notes they can be sold individually. Contact the listing broker for tour details and offer terms.
Key Highlights
- 1959‑built investor portfolio in 38108 featuring 6 total duplex properties.
- Each Standridge St duplex has two 2 bed/1 bath units; rents can reach up to $750/month per unit.
- Clayton Ave duplex listing: 2217/2219 Clayton includes one side tenant‑occupied at $550/month with lease expiring 2/28/2027.
Property Analytics
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Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
287
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Move-in ready duplex with two 2 bed/1 bath units, each side renting up to $750 per month.
Where is this duplex located?
The property is located at 1535 STANDRIDGE ST Memphis, TN.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 1959‑built investor portfolio in 38108 featuring 6 total duplex properties.; Each Standridge St duplex has two 2 bed/1 bath units; rents can reach up to $750/month per unit.; Clayton Ave duplex listing: 2217/2219 Clayton includes one side tenant‑occupied at $550/month with lease expiring 2/28/2027.
