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Two-Unit Duplex Property
For Sale
$225,000

1746 LAWRENCE Ave, Memphis, TN 38112

Duplexes, Traditional, Memphis, TN

Property SizeContact for details
Days on Market50

Property Features for 1746 LAWRENCE Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Subdivision EVERGREEN R GALLOWAY
Standard status Active

Taxes and HOA fees

Tax Annual Amount 2243

Building Details

Year built 1940
Architectural style Other
Listing Agency: Marx-Bensdorf, REALTORS
Listed By: Rip Haney
Added: Jul 28 Changed: Sep 12 Last Checked: Sep 15 at 8:06AM
MLS# 10227129

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1940-built duplex contains two separate residences, with each side configured as one bedroom and one bathroom. Current rents are reported for both units, and the layout supports living in one residence while leasing the other.

The property is located at 1746 Lawrence Ave in Memphis, within the Evergreen Historic District and postal code 38112. Overton Park is within walking distance, adding an established recreational destination near the property. The duplex offers a straightforward two-unit configuration in a Midtown Memphis setting.

Key Highlights

  • Two‑unit duplex with one bedroom and one bathroom on each side
  • Built in 1940
  • Current rents reported for both residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Acupuncture

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

1,070
Businesses Nearby

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences provide one bedroom and one bathroom, supporting an owner-occupant or rental configuration.
Where is this duplex located?
The property is located at 1746 LAWRENCE Ave Memphis, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom on each side; Built in 1940; Current rents reported for both residences
More about this property
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