Unique Investment Opportunity – Duplex Alert! If you’ve been looking for an investment property that checks all the boxes…this is it! This one-of-a-kind duplex offers the perfect blend of space, versatility, and income potential: One side features a spacious 4 bedroom, 2 bath layout. The other side offers a comfortable 2 bedroom, 1 bath setup. Generating $2,250 per month in rental income, tenant rights apply making this an ideal opportunity for investors looking for immediate cash flow. Some deferred maintenance needed and updates needed. No showings without an acceptable offer. Large side is MTM (2 year tenant); small side renews 2/2027, 16 yr tenant on small side.
Multi-familyProperty Type
1950Year Built
2 spacesParking
Listed by Deborah Williams• 4 Success Realty, LLC
Bought with Deborah Williams• 4 Success Realty, LLC
Memphis Area Association of Realtors(R) MLS #10217895
Apr 15, 2026
Sold
$250,000
Mar 26, 2026
Listed
$270,000
Memphis Area Association of Realtors(R) MLS #2605632
Aug 19, 2005
Sold
$209,000
Jul 6, 2005
Listed
$208,000
+2
Live in one side 3BR & rent other 2BR to pay note/Or great home for mother-mother-in-law to live near/yet separate. Renovated. Clean. Hdw. Flrs. Tile. Sec. Sys. Frig, Stove, Dishwasher Both Sides. New Roof. New HVAC. Large Lot. Brick.
Year
Property tax
Land + Additions
Assessment*
2025
$6,106 (+10.7%)
$20,800 + $95,040
$115,840
2024
$5,516 (+73.0%)
$20,800 + $95,040
$115,840
2023
$3,189
$15,800 + $67,960
$83,760
2022
$3,189 (−1.2%)
$9,875 + $42,475
$52,350
2021
$3,226 (−5.4%)
$9,875 + $42,475
$52,350
2020
$3,411
$9,875 + $42,475
$52,350
2019
$3,411
$9,875 + $37,200
$47,075
2018
$3,411 (+76.3%)
$9,875 + $37,200
$47,075
2017
$1,935 (−2.9%)
$9,875 + $37,200
$47,075
2016
$1,993
$9,875 + $37,200
$47,075
2014
$1,993
$10,000 + $35,625
$45,625
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
1.5
Lot width
76 ft.
Lot depth
160 ft.
Lot size
0.28 Acres
Year renovated
—
Sq. Ft.
2,550
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
044049 00003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Apr 25, 2025 • Final
Residential electrical
Reinstall an electrical meter following damage to the power line caused by a storm.
Electrical
Oct 7, 2020 • Final
Residential plumbing
Remove and replace the sewer and water service lines.
Plumbing
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
# of Covered Parking Spaces: 2
Parking: Driveway/Pad, Garage Door Opener(s)
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 4
Master Bedroom Dimensions: 24 x 13
Bedroom 2 Dimensions: 12 x 10
Bedroom 3 Dimensions: 11 x 10
Bathroom Information
# of Baths (Full): 2
Interior Features
# of Stories: 1.5
Approximate Sq. Ft. (Entire Duplex): 2000-2199
Floors/Ceilings: Part Hardwood, Tile
Appliances / Equipment: Refrigerator
Room Information
Living Room Dimensions: 18 x 11
Dining Room Dimensions:
Den/Great Room Dimensions:
Multi-Unit Information
Percent Occupancy: 100
Unit 1 Information
Unit Information: Separate Living Room
Monthly Rent: $1,450
# of Bedrooms (Total): 4
# of Bedrooms (Lower Level): 3
# of Bathrooms (Total): 2
# of Bathrooms (Full): 2
Master Bedroom Dimension: 24 x 13
Bedroom 2 Dimension: 12 x 10
Bedroom 3 Dimension: 11 x 10
Den/Great Room Dimensions:
Living Room Dimension: 18 x 11
Dining Room Dimension:
Unit 2 Information
Unit Information: Separate Living Room
Monthly Rent: $800
# of Bedrooms (Total): 2
# of Bedrooms (Lower Level): 2
# of Bathrooms (Total): 1
# of Bathrooms (Full): 1
Master Bedroom Dimension: 11 x 10
Bedroom 2 Dimension: 11 x 10
Bedroom 3 Dimension:
Dining Room Dimension:
Living Room Dimension: 18 x 10
Den/Great Room Dimension:
Exterior
Exterior Features
Pool Description: None
Porch, Deck
Exterior / Windows: Brick Veneer, Storm Window(s)
Foundation: Conventional
Roof: Composition Shingles
Lot Information
Parcel ID: 044049 00003
Lot #: 4
Lot Size: 76X160
Lot Description: Level, Some Trees
Area: 754C
Property Information
Single Family Conversion
Style: Traditional
Year Built: 1950
Financial
Tax Information
Annual City Tax: $2,990
Annual County Tax: $3,116
Lease / Rent Information
Type Of Leases: Monthly
Tenants Pay: All Utilities
Financing
New Financing: Conventional
Utilities
Utility Information
Hot Water: Gas
Heating: Central
Cooling: Central Cooling
Location
Location Details
Directions: Take Walnut Grove West of Highland. Duplex is on the corner of Walnut Grove and Reese Street. Small side faces Reese (address 33 Reese)
MAAR Subdivision Name: POPLAR BLVD TERRACE
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,550
Stories: 1.5
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: —
County: Shelby County
APN: 044049 00003
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
White Station Elementary School
Public PreK-5 • Assigned • 2.9mi
6/10
White Station Middle School
Public 6-8 • Assigned • 4.0mi
8/10
White Station High School
Public 9-12 • Assigned • 2.7mi
8/10
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 109° expected this year, 20 days in 30 years
4/10 Wind Factor
18% 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 • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
91
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
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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.