Occupied Duplex
For Sale
$129,900
3484 Vernon Ave, Memphis, TN 38122
Two leased residential units provide an existing occupancy profile in Memphis, Tennessee.
Property SizeContact for details
Days on Market11
Property Features for 3484 Vernon Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1941
Buildings
1
Tenancy
Multi
Listing Agency:
CrestCore Realty MphsBrokerage
Listed By:
Dean Harris
(901) 619-6170
Source:
Bryanrealty
Added: Aug 23
Changed: Aug 29
Last Checked: Sep 1 at 10:13PM
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 CrestCore Realty MphsBrokerage
Investment Insights
Based on property information with market context.
Built in 1941, this duplex property contains two residential units at 3484 Vernon Ave in Memphis, Tennessee. Both units are currently occupied, providing established lease coverage for the property.
The lease for Unit 3484 runs through 05/31/2027, while Unit 3486 is leased through 07/31/2028. The property is located in the 38122 area, offering a straightforward two-unit residential income configuration.
The lease for Unit 3484 runs through 05/31/2027, while Unit 3486 is leased through 07/31/2028. The property is located in the 38122 area, offering a straightforward two-unit residential income configuration.
Key Highlights
- Duplex property with two occupied residential units
- Built in 1941
- Unit 3484 lease ends 05/31/2027
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 38122, TN
26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residential units provide an existing occupancy profile in Memphis, Tennessee.
Where is this duplex located?
The property is located at 3484 Vernon Ave Memphis, TN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Duplex property with two occupied residential units; Built in 1941; Unit 3484 lease ends 05/31/2027
