Duplex with Guest
New
For Sale
$215,000
1756 CRUMP Ave, Memphis, TN 38107
Duplexes, Traditional, Memphis, TN
Property Size1,388 SF
Price / SF$154.90
Days on Market3
Property Features for 1756 CRUMP Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Subdivision
FASON EVERGREEN
Standard status
Active
Size
1,388 SF
Taxes and HOA fees
Tax Annual Amount
1130
Building Details
Year built
1926
Architectural style
Other
Listing Agency:
Sowell, Realtors
(901) 278-4380
Listed By:
Stephanie Evans Taylor
(901) 487-7452
Added: Oct 16
Last Checked: Oct 18 at 3:06PM
MLS# 10232604
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.
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.
This 1,388-square-foot duplex was built in 1926 and includes a detached one-car garage and an adjoining guest house. The remarks identify a two-bedroom home; bathroom count is omitted because the provided details conflict.
The property is in Memphis, with Rhodes College, coffee shops, restaurants, and parks described as within walking distance.
The property is in Memphis, with Rhodes College, coffee shops, restaurants, and parks described as within walking distance.
Key Highlights
- 1,388 square feet
- Built in 1926
- Detached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,706
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,120
$234.1K
Cap Rate 7%
$167,229
$167.2K
Cap Rate 9%
$130,067
$130.1K
Market Conditions
NOI Build-Up for 1,388 SF
Gross rent
$17.8K $12.84/SF
− Vacancy
−$1.1K −$0.79/SF
EGI
$16.7K $12.05/SF
− OpEx
−$5.0K −$3.61/SF
NOI
$11.7K $8.43/SF
Area
Memphis, TN
Vacancy
6.17%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,120
Cap Rate 7%
$167,229
Cap Rate 9%
$130,067
Alternative Uses
Best Use
Multifamily LT 5
$167.2K
$146.3K – $195.1K
NOI $11,706 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$148.1K
$129.6K – $172.7K
NOI $10,364 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$410.2K
$358.9K – $478.6K
NOI $28,715 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 38107, TN
15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
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
Frequently Asked Questions
What type of property is this?
Duplex - A detached garage and adjoining guest house add separate structures to the residential property.
Where is this duplex located?
The property is located at 1756 CRUMP Ave Memphis, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,388 square feet; Built in 1926; Detached one‑car garage
