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Tenant-Occupied Duplex
New
For Sale
$250,000

3334 Fairbanks St, Memphis, TN 38128

Two-unit residential income property with matching three-bedroom, two-bath layouts and existing tenant occupancy.

Property SizeContact for details
Days on Market4

Property Features for 3334 Fairbanks St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Gross Income $31,200

Building Details

Year Built 1974
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Debbie Nixon
Source: Bryanrealty
Added: Sep 1 Last Checked: Sep 2 at 7:22PM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with three bedrooms and two bathrooms. Both units are currently occupied by tenants, providing an existing residential income configuration for an owner or investor. The property was built in 1974.

Key Highlights

  • Two‑unit duplex
  • Each unit has 3 bedrooms and 2 baths
  • Both units are tenant occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Law Firm Skin Care Clinic Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 38128, TN

43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with matching three-bedroom, two-bath layouts and existing tenant occupancy.
Where is this duplex located?
The property is located at 3334 Fairbanks St Memphis, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex; Each unit has 3 bedrooms and 2 baths; Both units are tenant occupied
More about this property
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