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Updated Duplex with Two Units
For Sale
$60,000

1655 ORLEANS ST, Memphis, TN 38106

Two matching residences feature refreshed interiors, updated bathrooms and kitchens, and included kitchen appliances.

Property SizeContact for details
Days on Market504

Property Features for 1655 ORLEANS ST

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $597

Building Details

Year Built 1956
Listing Agency: KAIZEN Realty, LLC
Listed By: Beulah Daniel · License #280771
Source: Exitrealty
Added: Apr 18, 2025 Changed: Sep 2 Last Checked: Sep 2 at 6:02PM

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 KAIZEN Realty, LLC

Investment Insights

Based on property information with market context.

This duplex contains two matching residences, with one bedroom and one bathroom on each side. Both units have been freshly painted and feature new windows and flooring, along with updates to the bathrooms and kitchens. Each side includes a stove and refrigerator, offered in AS IS condition. The roof was installed last year.

Located at 1655 Orleans St in Memphis, the property was built in 1956. The left-side unit is represented in the listing photographs, while both residences share the same color scheme and flooring. The property is offered in AS IS condition, with no repairs to be completed by the seller.

Key Highlights

  • Two‑unit duplex with one bedroom and one bathroom on each side
  • New windows and flooring in both units
  • Roof installed last year

Property Analytics

Current Use

Oakshire elementary High School

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences feature refreshed interiors, updated bathrooms and kitchens, and included kitchen appliances.
Where is this duplex located?
The property is located at 1655 ORLEANS ST Memphis, TN.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom on each side; New windows and flooring in both units; Roof installed last year
More about this property
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