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Renovated Duplex with Historic Detail
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2059 Oliver Ave, Memphis, TN 38104

Two distinct units offer a versatile rental configuration, with updated kitchens and bathrooms throughout.

Property SizeContact for details
Days on Market154

Property Features for 2059 Oliver Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 1922
Buildings 1
Stories 1
Units 2
Listing Agency: Woodyard Realty Corporation
Listed By: Worth Woodyard · License #356099
Source: Crexi
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 31 at 3:55AM

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 Woodyard Realty Corporation

Investment Insights

Based on property information with market context.

Built in 1922, this duplex combines refreshed interiors with preserved architectural character. The property contains two separate residences: a one-bedroom, one-bath unit and a larger three-bedroom, two-bath unit. Kitchens and bathrooms have been updated, while original design elements remain part of the overall presentation.

The property is located at 2059 Oliver Ave in Memphis’s Cooper Young Historic District, near the area’s restaurants, bars, and arts offerings. It is currently operated as a short-term rental, and the two-unit layout also supports consideration of longer-term rental use.

Key Highlights

  • Two‑unit duplex with one 1‑bedroom, 1‑bath residence and one 3‑bedroom, 2‑bath residence
  • Updated kitchens and bathrooms in both units
  • Original architectural details retained alongside modern improvements

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Nail Salon Kitchen & Bath Showroom Accounting Firm

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

744
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
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 distinct units offer a versatile rental configuration, with updated kitchens and bathrooms throughout.
Where is this duplex located?
The property is located at 2059 Oliver Ave Memphis, TN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom, 1‑bath residence and one 3‑bedroom, 2‑bath residence; Updated kitchens and bathrooms in both units; Original architectural details retained alongside modern improvements
(901) 273-6648 Call to check price and availability
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