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Duplex With Vacant Unit
For Sale
$100,000
Pending

732 N Montgomery St, Memphis, TN 38107

One side is leased through October 2026, while the other is vacant and move-in ready.

Property SizeContact for details
Days on Market34

Property Features for 732 N Montgomery St

General Information

Standard status Pending
Property subtype Residential Income

Additional Details

Multifamily Units 2
Listing Agency: Renshaw Company, REALTORS
Listed By: Caleb Parr · License #340494
Source: Exprealty
Added: Jul 9 Changed: Aug 11 Last Checked: Aug 11 at 4:23AM

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 Renshaw Company, REALTORS

Investment Insights

Based on property information with market context.

This 2BR/1BA duplex includes one occupied side and a second unit that is currently vacant and move-in ready. The occupied side has a lease extending through October 2026, providing an established tenancy at the property. The vacant side can be used for a new resident or owner occupancy, subject to the buyer’s plans.

Located at 732 N Montgomery St in North Memphis, the property offers a two-unit residential configuration with one existing lease and one available unit. The tenant in the occupied side has expressed interest in remaining long-term.

Key Highlights

  • 2BR/1BA duplex in North Memphis
  • One side occupied with lease through October 2026
  • Second side is vacant and move‑in ready

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Electrical Service Building Supply

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

365
Businesses Nearby

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
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 - One side is leased through October 2026, while the other is vacant and move-in ready.
Where is this duplex located?
The property is located at 732 N Montgomery St Memphis, TN.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 2BR/1BA duplex in North Memphis; One side occupied with lease through October 2026; Second side is vacant and move‑in ready
More about this property
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