Occupied Duplex Investment
996 UNIVERSITY St Memphis, TN 38107
996 UNIVERSITY St, Memphis, TN, 38107
$185,000
For Sale
$185,000
MULTI_FAMILY - Memphis, TN
Property Size2,709 SF
Price / SF$68.29
Days on Market92
Property Features for 996 UNIVERSITY St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- 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
4701 Summer Ave, Memphis, TN
Listed by
Alex Evans
(901) 692-3195
Added: Apr 20 Checked: Jul 20 at 9:06 am
MLS# 10219661
Listing URL
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 duplex in Memphis, TN, presents an investment opportunity with existing tenants. One unit is occupied with a tenant paying $895 per month, with a lease extending from April 15, 2026, to April 14, 2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until April 30, 2026, paying $885 per month. A renewal offer has been sent but not yet signed. The property is professionally managed by Reedy and Company. The property size is 2709 square feet.
Key Highlights
- Duplex with year built 1967
- One unit is tenant‑occupied and pays $895/month on a lease from 4/15/2026 to 4/14/2028
- Second unit is tenant‑occupied, paying $885/month, on a lease until 4/30/2026 (renewal sent but not signed)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Memphis, TN with tenants and professional management.
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: Duplex with year built 1967; One unit is tenant‑occupied and pays $895/month on a lease from 4/15/2026 to 4/14/2028; Second unit is tenant‑occupied, paying $885/month, on a lease until 4/30/2026 (renewal sent but not signed)