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Income-Generating Duplex Opportunity

5156 HALEVILLE RD Memphis, TN 38116

5156 HALEVILLE RD, Memphis, TN, 38116
$210,000
Pending
For Sale
$210,000
Pending

Duplex with one vacant unit and one currently leased unit with a lease term through March 31, 2026.

Days on Market543

Property Features for 5156 HALEVILLE RD

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1966
Listing agency Marathon REALTORS, LLC
Listed by Joe King · License #291170
Source Exitrealty
Added: Jan 24, 2025 Updated: Jul 20 at 9:12PM Checked: Jul 21 at 6:23AM

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 Marathon REALTORS, LLC


Investment Insights

Based on property information with market context.

This income-producing duplex features two separate sides, with one unit currently vacant and the other unit rented under an in-place lease. Unit 2 is rented for $1,000 per month and remains under a valid lease until 3/31/26.

The property is offered for sale at 5156 Haleville Rd in Memphis, TN (38116).

Key Highlights

  • Duplex built in 1966
  • One unit is currently vacant
  • Other unit is leased for $1,000/month with a valid lease through March 31, 2026

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Pharmacy Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center Garden Center Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with one vacant unit and one currently leased unit with a lease term through March 31, 2026.
Where is this duplex located?
The property is located at 5156 HALEVILLE RD Memphis, TN.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex built in 1966; One unit is currently vacant; Other unit is leased for $1,000/month with a valid lease through March 31, 2026
Contact an agent
More about this property
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