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Historic Duplex Bungalow
For Sale
$565,000

508 STONEWALL St, Memphis, TN 38112

MULTI_FAMILY - Memphis, TN

Property SizeContact for details
Days on Market114

Property Features for 508 STONEWALL St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2
Subdivision STONEWALL ADDN
Standard status Active

Taxes and HOA fees

Tax Annual Amount 4747

Building Details

Year built 1917
Architectural style Bungalow
Listing Agency: C21 Patterson & Assoc. Real Es
Listed By: Kori Randolph
Added: Apr 20 Changed: Aug 11 Last Checked: Aug 11 at 12:06PM
MLS# 10219720

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 historic bungalow-style duplex was built in 1917 and is configured as two independent units. The front unit includes three bedrooms and two full bathrooms with its own kitchen and living room. The rear unit provides two bedrooms and two full bathrooms, also with a private kitchen and living room—supporting flexible living and rental arrangements.

Located at 508 Stonewall St in Memphis’ 38112 area, the property sits in the Evergreen Historic District. It’s positioned for convenience to Midtown dining and entertainment as well as nearby medical and Downtown Memphis destinations.

Key Highlights

  • Built in 1917 bungalow‑style duplex in the Evergreen Historic District
  • Front unit: 3 bedrooms and 2 full bathrooms; private kitchen and living room
  • Rear unit: 2 bedrooms and 2 full bathrooms; private kitchen and living room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Electrical Service Daycare Center

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

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - A 1917 duplex with separate kitchens and living rooms, offering flexible front and rear unit layouts.
Where is this duplex located?
The property is located at 508 STONEWALL St Memphis, TN.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Built in 1917 bungalow‑style duplex in the Evergreen Historic District; Front unit: 3 bedrooms and 2 full bathrooms; private kitchen and living room; Rear unit: 2 bedrooms and 2 full bathrooms; private kitchen and living room
More about this property
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