Two-Unit Duplex with Central
New
For Sale
$199,900
2525 Rozelle St, Memphis, TN 38114
Each residence has three bedrooms, one and a half baths, and central heating and air conditioning.
Property Size2,280 SF
Price / SF$87.68
Days on Market1
Property Features for 2525 Rozelle St
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Amenities
central heat and air
Building Details
Year Built
2005
Listing Agency:
Emmett Baird Realty, LLC
Listed By:
Stacia Rosatti
(901) 270-9019
Source:
Staciarosatti
Added: Oct 19
Last Checked: Oct 19 at 2:11PM
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 Emmett Baird Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains two 3-bedroom, 1.5-bath residences totaling 2,280 square feet. Both units have central heat and air. One unit is leased, while the second is vacant and being marketed at the same rent as the occupied unit.
The property is at 2525 Rozelle St in Memphis, Tennessee. The two-unit configuration provides separate living spaces within one residential income property.
The property is at 2525 Rozelle St in Memphis, Tennessee. The two-unit configuration provides separate living spaces within one residential income property.
Key Highlights
- Two units, each with 3 bedrooms and 1.5 baths
- 2,280 square feet total
- Central heat and air in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,025
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,500
$340.5K
Cap Rate 7%
$243,214
$243.2K
Cap Rate 9%
$189,167
$189.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$33.1K $14.52/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$31.0K $13.58/SF
− OpEx
−$13.9K −$6.11/SF
NOI
$17.0K $7.47/SF
Area
Memphis, TN
Vacancy
6.50%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,500
Cap Rate 7%
$243,214
Cap Rate 9%
$189,167
Alternative Uses
Best Use
Multifamily LT 5
$274.7K
$240.4K – $320.5K
NOI $19,228 @ 7.0% cap · market cap 9.62%
Second Best
Apartment 5plus
$243.2K
$212.8K – $283.8K
NOI $17,025 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$673.8K
$589.6K – $786.2K
NOI $47,169 @ 7.0% cap · market cap 23.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
356
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, one and a half baths, and central heating and air conditioning.
Where is this duplex located?
The property is located at 2525 Rozelle St Memphis, TN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1.5 baths; 2,280 square feet total; Central heat and air in both units
