3025 WAYNOKA Ave, Memphis, TN 38111
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 8 at 9:06 pm
Property Features for 3025 WAYNOKA Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
- Standard status
- Active
- Size
- 1,738 SF
Taxes and HOA fees
- Tax Annual Amount
- 74
Building Details
- Year built
- 2026
Listing agent Joshua Moss License #341627 (901) 590-8636
Listing office KAIZEN Realty, LLC 7540 North Street, Germantown, TN (901) 221-4041
Listing date Jul 6, 2026
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.
HighLights
- New construction duplex under construction with Year Built 2026
- Two units at 3023–3025 Waynoka Ave, each offering 2 bedrooms and 1 bathroom
- Both sides feature durable LVP flooring
- Both units include granite countertops
- Modern‑selected bathroom vanities included in both units
Overview
The property is located in Memphis, Tennessee, at 3025 Waynoka Ave in Shelby County (ZIP 38111). The address reflects a two-unit structure identified as 3023–3025 Waynoka Ave, allowing for clear ownership and management of both sides under one property.
For investors, the duplex format can appeal to those seeking a manageable, two-unit portfolio addition with consistent unit amenities across both sides. For an owner-occupant, the layout supports a house-hack approach by living in one unit while renting the other, using the same interior finish package to maintain uniformity. If you’re looking for a turnkey duplex designed for practical occupancy and day-to-day manageability, this 2-and-1 configuration on Waynoka Ave is worth a close look.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.3k | $12.84 |
| − Vacancy | −$1.4k | −$0.79 |
| EGI | $20.9k | $12.05 |
| − OpEx | −$6.3k | −$3.61 |
| NOI | $14.7k | $8.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.960708
- Latitude
- 35.137066
