Brick Duplex
For Sale
$129,900
3793 HELEN ANN Dr, Memphis, TN 38127
Duplexes, Traditional, Memphis, TN
Property Size1,634 SF
Price / SF$79.50
Days on Market52
Property Features for 3793 HELEN ANN Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 1
Subdivision
SCHOOLFIELD-ST ELMO
Standard status
Active
Size
1,634 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
760
Building Details
Year built
1973
Architectural style
Other
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 756-8900
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Added: Sep 9
Changed: Oct 29
Last Checked: Oct 30 at 7:06AM
MLS# 10230046
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.
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Investment Insights
Based on property information with market context.
This brick duplex at 3793 Helen Ann Dr in Memphis, Tennessee, contains 1,634 square feet and was constructed in 1973. The room inventory includes four bedrooms and two bathrooms, providing a clearly defined residential layout across the duplex property.
The property is fully occupied by tenants and is located in ZIP Code 38127 within Shelby County. Lease documentation and rent ledgers are available upon request, and an online video can also be provided upon request.
The property is fully occupied by tenants and is located in ZIP Code 38127 within Shelby County. Lease documentation and rent ledgers are available upon request, and an online video can also be provided upon request.
Key Highlights
- 1,634‑square‑foot duplex property
- Brick construction
- Built in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,596
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,920
$231.9K
Cap Rate 7%
$165,657
$165.7K
Cap Rate 9%
$128,844
$128.8K
Market Conditions
NOI Build-Up for 1,634 SF
Gross rent
$22.5K $13.80/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$21.1K $12.90/SF
− OpEx
−$9.5K −$5.81/SF
NOI
$11.6K $7.10/SF
Area
ZIP 38127
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,920
Cap Rate 7%
$165,657
Cap Rate 9%
$128,844
Alternative Uses
Best Use
Multifamily LT 5
$185.8K
$162.6K – $216.8K
NOI $13,008 @ 7.0% cap · market cap 10.01%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,596 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 23.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 38127, TN
40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex offering a four-bedroom, two-bathroom configuration in Memphis.
Where is this duplex located?
The property is located at 3793 HELEN ANN Dr 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: 1,634‑square‑foot duplex property; Brick construction; Built in 1973
