Occupied
For Sale
$159,900
Pending
3213 Forest Brook Dr, Memphis, TN 38118
Two residential units are leased through 2026 and 2027, with third-party management in place.
Property Size2,416 SF
Days on Market20
Property Features for 3213 Forest Brook Dr
General Information
Standard status
Pending
Size
2,416 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Listing Agency:
Reedy & Company, REALTORS
(901) 692-3195
Listed By:
Alex Evans
(901) 692-3195
Source:
Exprealty
Added: Aug 4
Changed: Aug 22
Last Checked: Aug 23 at 8:07AM
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 Reedy & Company, REALTORS
Investment Insights
Based on property information with market context.
This 2,416-square-foot duplex contains two residential units, both currently occupied under separate leases. One lease runs through May 31, 2027, while the other continues through October 31, 2026. The tenancy history includes one resident in place since 2018.
Property management is handled by Reedy and Company. Showings require an accepted offer, and the property is offered for sale without wholesale or creative financing terms.
Property management is handled by Reedy and Company. Showings require an accepted offer, and the property is offered for sale without wholesale or creative financing terms.
Key Highlights
- 2,416‑square‑foot duplex with two residential units
- Both units are occupied by tenants
- One lease runs from 4/27/2020 through 5/31/2027
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are leased through 2026 and 2027, with third-party management in place.
Where is this duplex located?
The property is located at 3213 Forest Brook Dr Memphis, TN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 2,416‑square‑foot duplex with two residential units; Both units are occupied by tenants; One lease runs from 4/27/2020 through 5/31/2027
