Two-Unit
For Sale
$90,000
3581 Rockwood Ave, Memphis, TN 38122
One residence is leased month-to-month, while the other is vacant and requires repairs before occupancy.
Property Size1,277 SF
Price / SF$70.48
Days on Market10
Property Features for 3581 Rockwood Ave
General Information
Standard status
Active
Size
1,277 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs minor repairs/updates
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1940
Listing Agency:
Weichert, Realtors-Benchmark
Listed By:
The Eric Crutcher Sales Team
(901) 212-2414
Source:
Doorstep-realty
Added: Sep 29
Changed: Oct 7
Last Checked: Oct 7 at 12:26PM
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 Weichert, Realtors-Benchmark
Investment Insights
Based on property information with market context.
Built in 1940, this 1,277-square-foot duplex contains two residences, each configured with two bedrooms and one bathroom. Separate meters serve the units. One residence is occupied under a month-to-month arrangement; the second is vacant and needs repairs and updates before it can be rented.
The occupied unit has had the same tenant for approximately four years. The property is offered as-is.
The occupied unit has had the same tenant for approximately four years. The property is offered as-is.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,277 square feet in a duplex built in 1940
- Separate utility meters for each unit
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
278
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased month-to-month, while the other is vacant and requires repairs before occupancy.
Where is this duplex located?
The property is located at 3581 Rockwood Ave Memphis, TN.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,277 square feet in a duplex built in 1940; Separate utility meters for each unit
