Leased Two-Unit
For Sale
$157,000
1609-1611 Hugenot Street, Memphis, TN 38114
Income-producing duplex with separate two-bedroom residences, central HVAC, fenced outdoor space, and driveway parking.
Property SizeContact for details
Days on Market102
Property Features for 1609-1611 Hugenot Street
General Information
Standard status
Active
Property subtype
Duplexes / Built as Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$775
Taxes and HOA fees
Annual Taxes
$2,459
Amenities
hardwood flooring
central HVAC
fenced backyard
Central
Vinyl Floor
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Foundation Property Management
(901) 459-2996
Listed By:
James Wachob · License #294924
(901) 459-2996
Source:
Compass
Added: May 22
Changed: Aug 29
Last Checked: Aug 31 at 1:39AM
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 Foundation Property Management
Investment Insights
Based on property information with market context.
Built in 1920, this true duplex at 1609-1611 Hugenot Street contains two separately leased residences, each configured with two bedrooms and one bathroom. Both units include central HVAC, while the property also offers a fenced backyard, a level lot, and driveway parking. The flooring information is not included here due to conflicting source details.
The property is in Memphis’s historic Orange Mound area, with schools, parks, shopping, major employment corridors, and Downtown Memphis identified in the surrounding context. Unit 1609 is leased through 05/01/2028, and Unit 1611 is leased through 04/03/2027. Professional in-house management is in place.
The property is in Memphis’s historic Orange Mound area, with schools, parks, shopping, major employment corridors, and Downtown Memphis identified in the surrounding context. Unit 1609 is leased through 05/01/2028, and Unit 1611 is leased through 04/03/2027. Professional in-house management is in place.
Key Highlights
- True duplex with two separately leased units
- Each residence offers a 2BR/1BA layout
- Unit 1609 leased through 05/01/2028
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with separate two-bedroom residences, central HVAC, fenced outdoor space, and driveway parking.
Where is this duplex located?
The property is located at 1609-1611 Hugenot Street Memphis, TN.
What is the asking price?
The asking price for this property is $157,000.
What are key features of this property?
This property features: True duplex with two separately leased units; Each residence offers a 2BR/1BA layout; Unit 1609 leased through 05/01/2028
