Two-Unit Duplex
For Sale
$400,000
2436 CHARJEAN Cv, Memphis, TN 38114
Duplexes, Traditional, Memphis, TN
Property Size1,620 SF
Price / SF$246.91
Days on Market48
Property Features for 2436 CHARJEAN Cv
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Subdivision
CHARJEAN COVE SUBD
Standard status
Active
Size
1,620 SF
Taxes and HOA fees
Tax Annual Amount
875
Building Details
Year built
1964
Architectural style
Other
Listing Agency:
Keller Williams · Keller Williams Realty
(662) 892-4000
Listed By:
Tia Jennings
(901) 859-8183
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 19 at 1:06PM
MLS# 10229639
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.
The duplex at 2436 Charjean Cv. contains 1,620 square feet and was built in 1964. Room records identify four bedrooms and two bathrooms. The property is offered with 2412 Charjean Cv., 2428 Charjean Cv., and 2440 Charjean Cv. as part of a four-property package. The package has 75% occupancy. Tenant access is restricted, with entry available only after an accepted contract, and occupants should not be disturbed before that point.
Key Highlights
- 1,620‑square‑foot duplex at 2436 Charjean Cv.
- Four bedrooms and two bathrooms
- Built in 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,662
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,240
$273.2K
Cap Rate 7%
$195,171
$195.2K
Cap Rate 9%
$151,800
$151.8K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$20.8K $12.84/SF
− Vacancy
−$1.3K −$0.79/SF
EGI
$19.5K $12.05/SF
− OpEx
−$5.9K −$3.61/SF
NOI
$13.7K $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%
$273,240
Cap Rate 7%
$195,171
Cap Rate 9%
$151,800
Alternative Uses
Best Use
Multifamily LT 5
$195.2K
$170.8K – $227.7K
NOI $13,662 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$172.8K
$151.2K – $201.6K
NOI $12,096 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$478.8K
$418.9K – $558.6K
NOI $33,515 @ 7.0% cap · market cap 8.38%
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
Lease Details
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
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
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 - Four-bedroom, two-bathroom duplex offered within a four-property package with controlled tenant access.
Where is this duplex located?
The property is located at 2436 CHARJEAN Cv Memphis, TN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,620‑square‑foot duplex at 2436 Charjean Cv.; Four bedrooms and two bathrooms; Built in 1964
