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Brick Duplex with Central HVAC
For Sale
$120,000

907-909 Meagher St, Memphis, TN 38108

Occupied two-unit property with a one-bedroom residence and a two-bedroom residence.

Property Size1,510 SF
Price / SF$79.47
Days on Market14

Property Features for 907-909 Meagher St

General Information

Standard status Active
Size 1,510 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $16,800

Amenities

central heat and air

Building Details

Year Built 1955
Construction brick
Tenancy Multi
Listing Agency: Renshaw Company, Realtors
Listed By: Stacia Rosatti
Source: Staciarosatti
Added: Aug 16 Changed: Aug 28 Last Checked: Aug 28 at 10:16AM

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 1,510-square-foot duplex contains two residential units: one configured with 2 bedrooms and 1 bathroom, and the other with 1 bedroom and 1 bathroom. Both units have central heat and air, while the all-brick exterior dates to 1955.

The property is located at 907-909 Meagher St in Memphis, Tennessee. Both residences are currently occupied, providing an established rental configuration without an immediate lease-up requirement.

Key Highlights

  • 1,510‑square‑foot duplex at 907‑909 Meagher St
  • All‑brick construction completed in 1955
  • Unit mix includes 2 bedrooms / 1 bathroom and 1 bedroom / 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Spa & Massage Center (Bike/Boat/Book/etc) Store

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 38108, TN

17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
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 - Occupied two-unit property with a one-bedroom residence and a two-bedroom residence.
Where is this duplex located?
The property is located at 907-909 Meagher St Memphis, TN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 1,510‑square‑foot duplex at 907‑909 Meagher St; All‑brick construction completed in 1955; Unit mix includes 2 bedrooms / 1 bathroom and 1 bedroom / 1 bathroom
More about this property
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