Rehabilitated
2043 Lamar Ave, Memphis, TN 38114
For Sale
$139,900
Pending
Corner-lot duplex with covered parking, central heat and air, and one unit currently leased.
Property Size2,005 SF
Days on Market92
Property Features for 2043 Lamar Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
central heat and air
covered parking
Building Details
Year Built
Year Renovated
Buildings
Construction
Tenancy
Listing Agency:
Best Real Estate Company
Listed By:
Stacia Rosatti
(901) 270-9019
Source:
Staciarosatti
Added: Aug 10
Changed: Nov 8
Last Checked: Nov 8 at 5:56AM
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 Best Real Estate Company
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Investment Insights
Based on property information with market context.
This 2,005-square-foot brick duplex, built in 1960, contains two two-bedroom, one-bath units with central heat and air. The property underwent a full rehabilitation in 2021, while the left-side unit was rehabilitated again in 2026. Overall condition is described as nice, with covered parking serving the corner-lot property.
The right-side unit is leased, and the left-side unit is vacant and being marketed for rent. Professional management is in place, with lease, ledger, and repair-history records available upon request. The configuration provides four bedrooms and two bathrooms across the building, with one unit ready for occupancy following its 2026 rehabilitation.
The right-side unit is leased, and the left-side unit is vacant and being marketed for rent. Professional management is in place, with lease, ledger, and repair-history records available upon request. The configuration provides four bedrooms and two bathrooms across the building, with one unit ready for occupancy following its 2026 rehabilitation.
Key Highlights
- 2,005‑square‑foot brick duplex built in 1960
- Two 2‑bedroom, 1‑bath units with central heat and air
- Full property rehabilitation completed in 2021
Property Analytics
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
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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
$79,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Memphis, TN
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with covered parking, central heat and air, and one unit currently leased.
Where is this duplex located?
The property is located at 2043 Lamar Ave Memphis, TN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 2,005‑square‑foot brick duplex built in 1960; Two 2‑bedroom, 1‑bath units with central heat and air; Full property rehabilitation completed in 2021
