Motivated Seller! See this CASH COW duplex on a street of single family houses. 1br/1ba on each side, 2 drives. Separate electric and water meters. New roof. New vinyl windows. New wide-plank laminate floors. New water heaters. Code inspected and approved new electrical meters. Vinyl siding on the exterior for easy maintenance. Tenant on the right has been there for 13 months and is now on a month-to-month lease at $475mo. Unit on the left is vacant. $950 a month in potential income!
Multi-familyProperty Type
1948Year Built
Listed by Jenna Williamson• Green Bee Real Estate
Bought with Stephen Akindona• Discount Property Warehouse
Memphis Area Association of Realtors(R) MLS #10036825
Dec 20, 2018
Price Changed
$35,000
Dec 19, 2018
Sold
$35,000
Sep 18, 2018
Listed
$47,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,944 (+55.4%)
$11,160 + $25,720
$36,880
2024
$1,251 (+8.1%)
$11,160 + $25,720
$36,880
2023
$1,157
$4,160 + $14,840
$19,000
2022
$1,157 (−1.2%)
$4,160 + $14,840
$19,000
2021
$1,171 (+10.7%)
$4,160 + $14,840
$19,000
2020
$1,058
$4,160 + $14,840
$19,000
2019
$1,058
$4,160 + $10,440
$14,600
2018
$1,058 (+76.3%)
$4,160 + $10,440
$14,600
2017
$600 (−1.6%)
$4,160 + $10,440
$14,600
2016
$610
$4,160 + $10,440
$14,600
2014
$610
$4,160 + $9,800
$13,960
Tax history for 4183 Truman Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,944 (+55.4%)
$11,160 + $25,720
$36,880
2024
$1,251 (+8.1%)
$11,160 + $25,720
$36,880
2023
$1,157
$4,160 + $14,840
$19,000
2022
$1,157 (−1.2%)
$4,160 + $14,840
$19,000
2021
$1,171 (+10.7%)
$4,160 + $14,840
$19,000
2020
$1,058
$4,160 + $14,840
$19,000
2019
$1,058
$4,160 + $10,440
$14,600
2018
$1,058 (+76.3%)
$4,160 + $10,440
$14,600
2017
$600 (−1.6%)
$4,160 + $10,440
$14,600
2016
$610
$4,160 + $10,440
$14,600
2014
$610
$4,160 + $9,800
$13,960
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
68 ft.
Lot depth
237 ft.
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
1,300
Year built
1948
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
053072 00002
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
Jun 2, 2026 • Final
Residential electrical
Install a new electrical service and circuits.
Electrical
May 29, 2026 • Final
Residential mechanical
Install a new air handler, new ductwork, and a new condenser.
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 (Lower): 1
# of Bedrooms: 1
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
Interior Features
# of Stories: 1
Floors/Ceilings: Wood Laminate Floors
Appliances / Equipment: Range/Oven (Freestanding)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Multi-Unit Information
Percent Occupancy: 50
Unit 1 Information
Unit Information: Washer/Dryer Connection In Kitchen, Separate Den
Monthly Rent: $475
# of Bedrooms (Total): 1
# of Bedrooms (Lower Level): 1
# of Bathrooms (Total): 1
# of Bathrooms (Full): 1
Master Bedroom Dimension:
Den/Great Room Dimensions:
Living Room Dimension:
Dining Room Dimension:
Unit 2 Information
Unit Information: Separate Living Room
# of Bedrooms (Total): 1
# of Bedrooms (Lower Level): 1
# of Bathrooms (Total): 1
# of Bathrooms (Full): 1
Master Bedroom Dimension:
Dining Room Dimension:
Living Room Dimension:
Den/Great Room Dimension:
Exterior
Exterior Features
Pool Description: None
Exterior / Windows: Vinyl Siding
Foundation: Conventional
Roof: Composition Shingles
Lot Information
Parcel ID: 053072 00002
Lot #: 23
Lot Size: .35
Lot Description: Some Trees, Level
Area: 752B
Property Information
Other (See Remarks)
Style: Traditional
Year Built: 1948
Financial
Tax Information
Annual City Tax: $475
Annual County Tax: $610
Lease / Rent Information
Type Of Leases: Monthly
Financing
New Financing: Conventional
Utilities
Utility Information
Hot Water: Electric
Heating: Space Heater
Cooling: 1 Window Unit Per Unit
Location
Location Details
Directions: Go north on Well Station from Macon. Take a left on Truman. Home is on the left.
MAAR Subdivision Name: D B JERDEN
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,300
Stories: 1.0
Lot Size: 0.36 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: —
County: Shelby County
APN: 053072 00002
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
K - 12
Preschool & daycare
Wells Station Elementary School
Public PreK-5 • Assigned • 0.3mi
7/10
Kingsbury Middle School
Public 6-8 • Assigned • 0.6mi
3/10
Kingsbury High School
Public 9-12 • Assigned • 0.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance 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, 21 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 • 38108
Average low and high temperatures (°F)
46°
30°
57°
37°
71°
50°
77°
58°
79°
63°
88°
72°
92°
77°
90°
71°
88°
67°
76°
58°
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 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$112,000 – $135,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2018. This data may not match public records. Learn more.