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$225,000
1 Beds 1 Baths 10222762 MLS
Fantastic opportunity in the heart of Midtown! Whether you are looking to owner occupy one side and rent the other or add a solid investment property to your portfolio, this duplex is full of potential. Both sides are identical and offer 1 bedroom, 1 bath, gas cooking and heat, plus all appliances remain including 2 window units per side. With approximately 1,472 total square feet, the property offers comfortable living spaces and plenty of parking. Located in one of Memphis’ most desirable areas, surrounded by great local restaurants and shopping and just minutes from Downtown Memphis. Rare chance to own an income producing property at a reasonable price point in an upscale Midtown neighborhood. Perfect for investors, first time investors or buyers looking to offset their mortgage with rental income. Last rented for $1100 per side.

378 N Willett St, Memphis

Listing courtesy of BHHS McLemore & Co., Realty.

$225,000
2 Beds 1 Baths 10217651 MLS
Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent improvements — including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates — reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio — contact listing agent for details.

1072 N Evergreen St, Memphis

Listing courtesy of Real Estate Agency.

$445,000
3 Beds 1.1 Baths 10217112 MLS
Timeless Southern Charm Meets Modern Income Potential! Discover this exquisite 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' prestigious Historic Evergreen District. 4K sq ft of gracious living space, this Southern classic boasts gleaming hardwood floors, stunning leaded glass windows, soaring 10-ft ceilings and expansive front porches & upper/lower patios framed by iconic four-post columns. Updated w/ contemporary flair while honoring its original Craftsman elegance; perfect blend of historic character and today's comforts. Ideal for investors or owner-occupants: reside in one and rent the other to offset your mortgage or lease both for strong cash flow. Could be an Airbnb/VRBO, negotiate for a fully furnished offer w/ personal property available "as-is" for seamless turnkey operation. Rare bonus: Verified double lot offers prime subdivision potential to add another duplex. Walkability to shopping, Overton Park, Memphis Zoo, theaters, hospitals, colleges.

201 Stonewall St, Memphis

Listing courtesy of Keller Williams.

$375,000
2 Beds 1 Baths 10215683 MLS
Prime duplex in the heart of Midtown offering a fully operational, turnkey Airbnb/VRBO opportunity w/ revenue history available upon request. This versatile property is perfect for an owner-occupant looking to live in one unit while short-term renting the other, or it can be operated as a full-time income-producing investment. The property is offered fully furnished, allowing for a seamless transition for the next owner. Thoughtfully updated, the 2022 renos include refreshed BAs, stylish chandelier light fixtures, & Kitch upgrades featuring a gas range, dishwsher, & charming retro effiecienct refrigerator. These improvements blend modern convenience w/ character & appeal. Located in a highly desirable Midtown setting close to restaurants, entertainment, & neighborhood attractions, this property offers both lifestyle & investment potential. The approximate rental income is $1,850 per month, making it an excellent opportunity opportunity in one of the city’s most sought-after areas.

270 Hawthorne St, Memphis

Listing courtesy of Ware Jones, REALTORS.

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