Memphis Duplex: Investment
3743 GIVEN Ave Memphis, TN 38122
3743 GIVEN Ave, Memphis, TN, 38122
$215,000
For Sale
$215,000
MULTI_FAMILY - Memphis, TN
Property Size1,956 SF
Price / SF$109.92
Days on Market265
Property Features for 3743 GIVEN Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Standard status
- Active
- Size
- 1,956 SF
Taxes and HOA fees
- Tax Annual Amount
- 629
Building Details
- Year built
- 1947
- Architectural style
- Other
Listing Agency
Crye-Leike, Inc., REALTORS
(901) 854-5050
435 New Byhalia Rd, Collierville, TN
Listed by
Flor Bernal · License #S-57398
(901) 270-2857
Added: Oct 29, 2025 Updated: Jul 19 at 8:37 am Checked: Jul 20 at 11:06 pm
MLS# 10208734
Listing URL
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex in Memphis, Tennessee, presents a strong investment opportunity. The property, listed as a multi-family residential income property, features two tenant-occupied units. With a strong rental history and steady income, this duplex is an excellent addition to any investment portfolio. The property size is 1956 square feet.
Key Highlights
- Duplex built in 1947
- Two tenant‑occupied units
- Includes 4 bedrooms and 2 bathrooms total
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 | $25.1k | $12.84 |
| − Vacancy | −$1.5k | −$0.79 |
| EGI | $23.6k | $12.05 |
| − OpEx | −$7.1k | −$3.61 |
| NOI | $16.5k | $8.43 |
1,956 SF · lease $12.84/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.7K
$206.2K – $274.9K
NOI $16,496 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$208.6K
$182.6K – $243.4K
NOI $14,605 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$578.1K
$505.8K – $674.4K
NOI $40,466 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex in Memphis with strong rental history.
Where is this duplex located?
The property is located at 3743 GIVEN Ave Memphis, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex built in 1947; Two tenant‑occupied units; Includes 4 bedrooms and 2 bathrooms total
