Income-producing duplex with upside at 2525 Rozelle! Each side offers 3 bedrooms and 1.5 baths, with central heat and air in both units. One side is fully leased at $1,100/month, and the vacant side is being actively marketed at the same rent, putting projected gross income at $2,200/month ($26,400/year) once stabilized. A solid fit for investors looking to add a cash-flowing, low-maintenance asset to their portfolio, or for an owner-occupant who wants to live in one side and let the other help cover the mortgage. Motivated seller. Bring your offers!
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Alcy Elementary School
Public PreK-5 • Assigned • 0.3mi
3/10
Hamilton High School
Public 9-12 • Assigned • 1.7mi
3/10
Provided by GreatSchools
About South
Memphis
South Memphis, located between Downtown Memphis and the Mississippi state line, is a historic and industrial Memphis neighborhood with rail corridors and landmark music sites. The neighborhood’s character concentrates around the Stax Museum of American Soul Music on McLemore Avenue, where studios, murals, and small community institutions set a grounded, creative tone. Stax Museum of American Soul Music, The Soulsville Charter School, and LeMoyne-Owen College serve as cultural pillars with deep local roots. Housing ranges from early-20th-century cottages to brick mid-century blocks, with wide streets and long lots. Major arterials and freight lines shape the landscape, giving it a working-city feel. Green space and civic campuses add breathing room between warehouses and residential pockets.
Provided by Walk Score and Local Logic
Offer insights
2525 Rozelle St · $199,900
$200K and above
75% chance or better to win
Why $200K+ is a strong offer
DAYS ON MARKET
23 days
The average home goes pending in 48 days.
SALE-TO-LIST
84.6%
Most homes are selling 15% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Separate living room in each unit
Bedrooms
3 bedrooms in each unit
Bathrooms
1 full bathroom and 1 half bathroom in each unit
Flooring
Other flooring
Heating & cooling
Central heating
Central cooling
Exterior features
Level lot
Home design
Two stories
Traditional style
Built as a duplex
Parking
Driveway or parking pad
Construction
Built in 2005
Slab foundation
Composition shingle roof
Other exterior and window details
Utilities
Other hot water system
Financial info
One unit is listed at $1,100 per month in rent
Yearly leases
Tenants pay all utilities
Conventional, FHA, and VA financing accepted
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10232549
Oct 16, 2026
Listed
$199,900
Memphis Area Association of Realtors(R) MLS #1
Feb 19, 2026
Price Changed
$190,000
Jan 5, 2026
Price Changed
$215,000
REALTRACS #3114125
Jan 26, 2026
Listed
$220,000
Apr 21, 2023
Sold
$215,000
+5
MULTIPLE OFFERS RENOVATED & TENANT OCCUPIED CASH FLOWING DUPLEX IS YOUR PERFECT OPPORTUNITY TO ADD IT TO EXISTING RENTAL PORTFOLIO OR START BUILDING ONE. BOTH SIDED ARE OCCUPIED WITH GREAT SECTION 8 & CONTRACT SERVICES TENANTS. TOTAL MONTHLY INCOME IS $2,669. Great deal and won't last long. Please send your offer with proof of funds.
Memphis Area Association of Realtors(R) MLS #10183950
Dec 9, 2024
Sold
$215,000
Oct 24, 2024
Listed
$229,900
Memphis Area Association of Realtors(R) MLS #10143802
Apr 21, 2023
Sold
$215,000
Mar 15, 2023
Listed
$220,000
Memphis Area Association of Realtors(R) MLS #10143806
Apr 21, 2023
Sold
$215,000
Mar 15, 2023
Listed
$220,000
Public Records
Aug 27, 2020
Sold
$35,500
Memphis Area Association of Realtors(R) MLS #3198603
Dec 20, 2011
Sold
$16,000
May 10, 2010
Listed
$34,900
Year
Property tax
Land + Additions
Assessment*
2025
$4,238 (+103.1%)
$4,640 + $75,760
$80,400
2024
$2,086 (+8.1%)
$4,640 + $75,760
$80,400
2023
$1,930
$3,360 + $28,320
$31,680
2022
$1,930 (−1.2%)
$3,360 + $28,320
$31,680
2021
$1,952 (−10.3%)
$3,360 + $28,320
$31,680
2020
$2,177
$3,360 + $28,320
$31,680
2019
$2,177
$3,360 + $26,680
$30,040
2018
$2,177 (+76.3%)
$3,360 + $26,680
$30,040
2017
$1,235 (−33.7%)
$3,360 + $26,680
$30,040
2016
$1,863
$3,360 + $26,680
$30,040
2014
$1,863
$3,360 + $39,280
$42,640
Public record
Public record
Zoning
Permits
Beds
6
Baths
3
Stories
2
Lot width
76 ft.
Lot depth
272 ft.
Lot size
0.42 Acres
Year renovated
2017
Finished Sq. Ft.
2,280
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,280
Year built
2005
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
060148 00128
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 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
Jul 18, 2024 • Final
Residential alteration
Replace rotten and fire-damaged wood in a bedroom.
Remodel
Feb 17, 2023 • Final
Residential electrical
Replace an electrical meter.
Electrical
Electric meter
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.
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
7/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38114
Average low and high temperatures (°F)
46
30
56
38
70
50
77
58
78
63
88
72
92
77
89
72
87
68
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2525 Rozelle St
There isn’t enough information to generate an accurate estimate at this time. Learn More