Two-Unit Duplex with Central
New
For Sale
$199,900
2525 ROZELLE St, Memphis, TN 38114
Duplexes, Traditional, Memphis, TN
Property Size2,280 SF
Price / SF$87.68
Days on Market3
Property Features for 2525 ROZELLE St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 5
Subdivision
Alcy Hills Sec A First Addn
Standard status
Active
Size
2,280 SF
Taxes and HOA fees
Tax Annual Amount
2163
Building Details
Year built
2005
Architectural style
Other
Listing Agency:
Renshaw Company, REALTORS
(901) 820-4367
Listed By:
Caleb Parr
(901) 484-0478
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 18 at 4:06PM
MLS# 10232549
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.
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Investment Insights
Based on property information with market context.
This Memphis duplex contains 2,280 square feet across two residences, each arranged with three bedrooms and one-and-a-half bathrooms. Central heating and air conditioning serve both sides. The property was built in 2005.
One residence is occupied under a lease, while the other is vacant and being marketed for lease. The address is 2525 Rozelle St in Memphis, Tennessee.
One residence is occupied under a lease, while the other is vacant and being marketed for lease. The address is 2525 Rozelle St in Memphis, Tennessee.
Key Highlights
- Two residences, each with 3 bedrooms and 1.5 bathrooms
- 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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Current Use
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and one-and-a-half baths, with heating and cooling systems serving both units.
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 residences, each with 3 bedrooms and 1.5 bathrooms; 2,280 square feet total; Central heat and air in both units
