Great location in Laurelwood. Middle of the block. Surrounded by beautiful homes. 2 story duplex. Bottom unit is 2BR/2BA with LV, Dining rm, Den with FRPL, kitchen with eating area, laundry room. Upstair unit has 2BR/2BA, Living rm, dining rm, Den with FRPL(same flue). Nail down HDWD floors under carpet. Attached garage. Partially fenced backyard. Good roof, HVAC units. Seperate utilities. Upstair unit is leased until Jan 2027.
Laurelwood, located between Poplar Avenue and Walnut Grove Road, is a residential and commercial Memphis neighborhood with mid-century ranch homes and a leafy, campus-adjacent feel. The neighborhood’s character concentrates around the Poplar Avenue corridor near the University of Memphis, where coffee counters, casual eateries, and small storefronts keep sidewalks active. The University of Memphis anchors the area with brick academic buildings and game-day energy at Simmons Bank Liberty Stadium. Dixon Gallery & Gardens adds a quiet cultural counterpoint with formal gardens and rotating exhibitions. Streetscapes mix mature trees, low-slung houses, and pockets of apartments that keep daily routines close to parks and trails.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
One fireplace
Walk-in closets
Mud rooms
Window treatments
Cable available
Bedrooms
Two bedrooms per unit
Bathrooms
Two full bathrooms per unit
Kitchen
Eat-in kitchens
Built-in range/oven
Cooktop and wall oven
Disposal
Dishwasher
Exhaust fan
Flooring
Hardwood, carpet, and tile flooring
Sprayed ceilings
Heating & cooling
Central gas heating
Central cooling
220 wiring
Exterior features
Porch
Patio
Level lot
Some trees
Wood fence
Home design
Duplex
Traditional style
Two stories
Parking
Two covered parking spaces
Driveway/pad
Side-load garage
Garage door openers
Storage room
Security
Smoke detectors
Construction
Built in 1952
Brick veneer
Wood windows
Slab foundation
Composition shingle roof
Financial info
50% occupied
Yearly leases
Tenants pay all utilities and lawn maintenance
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10233036
Oct 22, 2026
Listed
$449,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,952 (+0.4%)
$45,350 + $78,400
$123,750
2024
$5,927
$45,350 + $78,400
$123,750
2023
$5,927
$44,175 + $53,275
$97,450
2022
$5,927 (−1.0%)
$44,175 + $53,275
$97,450
2021
$5,985 (+0.6%)
$44,175 + $53,275
$97,450
2020
$5,947
$44,175 + $53,275
$97,450
2019
$5,947
$44,175 + $37,900
$82,075
2018
$5,947 (+76.3%)
$44,175 + $37,900
$82,075
2017
$3,373 (−2.0%)
$44,175 + $37,900
$82,075
2016
$3,441 (+3.2%)
$44,175 + $37,900
$82,075
2014
$3,333
$48,825 + $29,925
$78,750
Public record
Public record
Zoning
Beds
4
Baths
4.5
Stories
2
Lot width
110 ft.
Lot depth
200 ft.
Lot size
0.51 Acres
Year renovated
—
Finished Sq. Ft.
4,104
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,104
Year built
1965
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
057018 00003
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
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
92
77
90
71
88
68
78
57
66
49
54
40
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.
10 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4543 Aldersgate Rd
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