Fantastic investment opportunity in a convenient Memphis location! Situated just off Summer Avenue and Raleigh Lagrange Road, this tenant-occupied duplex offers immediate rental income and long-term potential. Both tenants would like to remain in place, providing a seamless transition for the new owner. Whether you're looking to expand your rental portfolio or add a cash-flowing property to your investments, this duplex is worth a look. Property is tenant occupied. Proof of funds required prior to showing approval. A minimum of 48 hours' notice is required for all showings, in addition to proof of funds. Do not disturb tenants.
Memphis Area Association of Realtors(R) MLS #10224365
Jul 9, 2026
Sold
$230,000
Jun 19, 2026
Listed
$240,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,700 (+27.9%)
$5,400 + $64,800
$70,200
2024
$2,892 (+8.1%)
$5,400 + $86,040
$91,440
2023
$2,675
$5,320 + $38,600
$43,920
2022
$2,675 (−1.2%)
$5,320 + $38,600
$43,920
2021
$2,707 (+10.4%)
$5,320 + $38,600
$43,920
2020
$2,452
$5,320 + $38,600
$43,920
2019
$2,452
$5,320 + $28,520
$33,840
2018
$2,452 (+76.3%)
$5,320 + $28,520
$33,840
2017
$1,391 (−9.6%)
$5,320 + $28,520
$33,840
2016
$1,538
$5,320 + $28,520
$33,840
2014
$1,538
$5,320 + $29,880
$35,200
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
1
Lot width
82 ft.
Lot depth
190 ft.
Lot size
9,904 Sq. Ft.
Year renovated
—
Sq. Ft.
2,320
Year built
1989
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
088044 00050C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Feb 1, 2024 • Final
Residential mechanical
Replace a furnace in a residential building.
HVAC
Jan 12, 2023 • Final
Residential electrical
Replace the circuit breaker for an air conditioning unit.
Electrical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms: 2
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 2
Interior Features
# of Stories: 1
Approximate Sq. Ft. (Entire Duplex): 2200-2399
Floors/Ceilings: Tile, Sprayed Ceiling
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Multi-Unit Information
Percent Occupancy: 100
Unit 1 Information
Unit Information: Pantry In Kitchen, Separate Dining Room, Separate Living Room
Monthly Rent: $1,225
# of Bedrooms (Total): 2
# of Bathrooms (Total): 2
# of Bathrooms (Full): 2
Master Bedroom Dimension:
Den/Great Room Dimensions:
Living Room Dimension:
Dining Room Dimension:
Unit 2 Information
Unit Information: Pantry In Kitchen, Separate Dining Room, Separate Living Room
Monthly Rent: $1,250
# of Bedrooms (Total): 2
# of Bathrooms (Total): 2
# of Bathrooms (Full): 2
Master Bedroom Dimension:
Dining Room Dimension:
Living Room Dimension:
Den/Great Room Dimension:
Exterior
Exterior Features
Pool Description: None
Exterior / Windows: Brick Veneer, Vinyl Siding
Foundation: Conventional
Roof: Composition Shingles
Lot Information
Parcel ID: 088044 00050C
Lot #: 28A&B
Lot Size: 82X190
Lot Description: Corner, Level, Some Trees, Wood Fenced
Area: 791A
Property Information
Built as Duplex
Style: Traditional
Year Built: 1989
Financial
Tax Information
Annual City Tax: $2,360
Annual County Tax: $2,460
Lease / Rent Information
Type Of Leases: Monthly
Financing
New Financing: Conventional
Utilities
Utility Information
Hot Water: Gas
Heating: Central
Cooling: Central Cooling
Location
Location Details
Directions: From Summer Ave turn Left onto Raleigh Lagrange Rd. Turn right onto Woodfield Park Rd. Right onto Mangum Rd.
MAAR Subdivision Name: WOODFIELD PARK
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,320
Stories: 1.0
Lot Size: 9,904 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1989
Year Renovated: —
County: Shelby County
APN: 088044 00050C
Home facts updated by county records on Jul 31, 2026
Around this home
Schools
Shelby Oaks Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Kate Bond Middle
Public 6-8 • Assigned • 3.4mi
4/10
Kingsbury High School
Public 9-12 • Assigned • 3.9mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 19 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38134
Average low and high temperatures (°F)
47
29
57
37
72
50
78
58
79
63
89
72
94
76
90
70
85
66
78
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$203,000 – $246,000
Sell confidently with a local market expert in Memphis.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.