Search
Leased Two-Unit Duplex
For Sale
$140,000

1609-1611 Hugenot St, 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 Market91

Property Features for 1609-1611 Hugenot St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Average Monthly Rent $775

Amenities

hardwood flooring
central HVAC
fenced backyard

Building Details

Year Built 1920
Buildings 1
Listing Agency: Foundation Property Management
Listed By: James Wachob · License #294924
Source: Bryanrealty
Added: Jul 21 Changed: Oct 10 Last Checked: Oct 7 at 3:30PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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.

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

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Dental Office 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby

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

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

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 St Memphis, TN.
What is the asking price?
The asking price for this property is $140,000.
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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again