Vacant Triplex with Fenced
For Sale
$62,500
942 Roland Street Unit 3, Memphis, TN 38114
Three-unit residential property with a two-level layout, varied unit sizes, and a fully enclosed yard.
Property Size2,411 SF
Lot Size0.17 Acres
Price / SF$25.92
Days on Market189
Property Features for 942 Roland Street Unit 3
General Information
Standard status
Active
Size
2,411 SF
Lot size
0.17 Acres
Property subtype
Multi-Family / Triplex
Units
Unit Mix
2 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,271
Amenities
Vinyl Floor
Other (See REMARKS)
Shingle/Shake
Building Details
Year Built
1912
Listing Agency:
Real Living BrokerNetwork
(901) 378-0494
Listed By:
Sam Hanks
(901) 378-0494
Source:
Compass
Added: Feb 22
Changed: Aug 29
Last Checked: Aug 29 at 4:13PM
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 Real Living BrokerNetwork
Investment Insights
Based on property information with market context.
This vacant triplex contains 2411 sq.ft of residential space arranged across two levels. The lower floor includes two 1-bedroom/1-bath apartments, while the upper level provides a 3-bedroom/1-bath apartment. Interior finishes include vinyl flooring, and the exterior features shingle/shake construction.
The property sits in south Midtown Memphis at 942 Roland Street, Unit 3. A fully fenced 50x150 yard accompanies the building. Constructed in 1912, the property is offered for sale as-is, with proof of funds required for all offers.
The property sits in south Midtown Memphis at 942 Roland Street, Unit 3. A fully fenced 50x150 yard accompanies the building. Constructed in 1912, the property is offered for sale as-is, with proof of funds required for all offers.
Key Highlights
- Three‑unit configuration with two 1‑bedroom/1‑bath apartments downstairs and one 3‑bedroom/1‑bath apartment upstairs
- 2411 sq.ft building
- Fully fenced 50x150 yard
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with a two-level layout, varied unit sizes, and a fully enclosed yard.
Where is this triplex located?
The property is located at 942 Roland Street Unit 3 Memphis, TN.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: Three‑unit configuration with two 1‑bedroom/1‑bath apartments downstairs and one 3‑bedroom/1‑bath apartment upstairs; 2411 sq.ft building; Fully fenced 50x150 yard
