1220 Snowden Ave Memphis, TN 38107
For Sale
1 / 21
Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century architectural charm, the home showcases the timeless appeal of Memphis’ historic bungalow design while offering flexible investment possibilities. Positioned near local amenities, restaurants, & major employment centers, this property is ideal for investors looking to capitalize on Memphis’ strong rental demand. Whether you continue operating it as a short-term rental or convert to a long-term strategy, opportunities to own a fully furnished duplex in Speedway Terrace are rare. Don’t miss the chance to secure an income-producing historic property in one of Memphis’ most distinctive neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.