Occupied Duplex With
For Sale
$185,000
996 UNIVERSITY St, Memphis, TN 38107
Duplexes, Traditional, Memphis, TN
Property Size2,709 SF
Price / SF$68.29
Days on Market137
Property Features for 996 UNIVERSITY St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Subdivision
VOLLENTINE PARK
Standard status
Active
Size
2,709 SF
Taxes and HOA fees
Tax Annual Amount
1611
Building Details
Year built
1967
Architectural style
Other
Listing Agency:
Reedy & Company, REALTORS
(901) 842-0805
Listed By:
Alex Evans
(901) 692-3195
Added: Apr 20
Changed: Sep 3
Last Checked: Sep 3 at 5:06PM
MLS# 10219661
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 2,709-square-foot duplex was built in 1967 and contains two residential units. Both units are currently occupied, providing an established leasing profile for the property.
Professional property management is in place through Reedy and Company. One lease runs from 4/15/2026 through 4/14/2028, while the other tenant has occupied the unit since 2020 under a lease ending 4/30/2026. A renewal has been sent for the second unit but has not been signed.
Professional property management is in place through Reedy and Company. One lease runs from 4/15/2026 through 4/14/2028, while the other tenant has occupied the unit since 2020 under a lease ending 4/30/2026. A renewal has been sent for the second unit but has not been signed.
Key Highlights
- 2,709‑square‑foot duplex
- Built in 1967
- Two occupied residential units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units are occupied under leases with professional property management already in place.
Where is this duplex located?
The property is located at 996 UNIVERSITY St Memphis, TN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2,709‑square‑foot duplex; Built in 1967; Two occupied residential units
