PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.
Multi-familyProperty Type
1955Year Built
9,513 sq ftLot Size
$99Price/Sq.Ft.
Listed by Elizabeth Castillo• BEST Real Estate Company
Listed by Henry Valle-Castillo• BHHS Taliesyn Realty
Memphis Area Association of Realtors(R) MLS #10220471
Aug 28, 2026
Sold
$165,000
$99/sq ft
May 9, 2026
Price Changed
$173,000
$104/sq ft
Apr 30, 2026
Listed
$175,000
$105/sq ft
+14
PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.
REALTRACS as Distributed by MLS Grid #3084164
Jan 14, 2026
Listed
$150,000
$90/sq ft
Jun 18, 2025
Sold
$155,000
$93/sq ft
+19
(Multiple Offer Notification-all Offers in by 1pm Thursday June 5th, 2025. )Pretty Updated Berclair-area Memphis Duplex "Move-in ready" 2Bedrm/1Bath on each side (50% Occupancy-$1710 Potential Combined Rent) & GREAT Investment or you can have residence on 1-side! Upgrades over $21,000 (April/May 2025) on #540 Right side include: New:SS Convection/AirFry Steam-Clean Oven, Stainless Fridge, Int/Ext Paint, Wide Plank Wood Lam.Flooring, Lighting,"Granite-looking" Countertops, White Cabinetry, Tiled Bath w/New Fixtures, W/D Connections in Kit + New Driveway & partial New Walkway! Easy access to Restaurants, Shopping, I-240 and Sam Cooper BLVD! (Do not Disturb Tenant(Rent $810 Month-to-M) on left side. Unit 542 (same Floor plan)-will be available after accepted Offer during inspection period).
Memphis Area Association of Realtors(R) MLS #10198022
Jun 18, 2025
Sold
$155,000
$93/sq ft
Jun 2, 2025
Listed
$150,000
$90/sq ft
Public Records
Mar 7, 2019
Sold
$68,000
$41/sq ft
Public Records
Mar 7, 2019
Sold
$105,900
$64/sq ft
Memphis Area Association of Realtors(R) MLS #10046448
Mar 1, 2019
Sold
$55,000
$33/sq ft
Feb 20, 2019
Listed
$45,000
$27/sq ft
Memphis Area Association of Realtors(R) MLS #1
Apr 22, 2015
Price Changed
$45,900
$28/sq ft
Public Records
Sep 27, 1991
Sold
$27,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,391 (+48.8%)
$8,760 + $48,680
$57,440
2024
$1,607 (+8.1%)
$8,760 + $36,600
$45,360
2023
$1,486
$3,880 + $20,520
$24,400
2022
$1,486 (−1.2%)
$3,880 + $20,520
$24,400
2021
$1,504 (+24.7%)
$3,880 + $20,520
$24,400
2020
$1,206
$3,880 + $20,520
$24,400
2019
$1,206
$3,120 + $13,520
$16,640
2018
$1,206 (+102.0%)
$3,120 + $13,520
$16,640
2016
$597
$3,120 + $17,240
$20,360
2014
$597
$3,480 + $10,200
$13,680
Public record
Public record
Zoning
Permits
Beds
5
Baths
2
Stories
1
Lot width
63 ft.
Lot depth
151 ft.
Lot size
9,513 Sq. Ft.
Year renovated
1980
Sq. Ft.
1,663
Year built
1955
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
063007 00048
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 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
Oct 7, 2020 • Final
Residential electrical
Electrical
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 Total: 0
Interior
Heating & Cooling
Has Heating
Heating Information: Central
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Vinyl
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Exterior
Property Information
Property Type: Residential Income
Attached Property
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Units: Acres
Lot Size Dimensions: 63X151
Financial
Tax Information
Tax Annual Amount: $2,391
Location
Location Information
Directions: West on Summer make a left on Berclair, duplex is last one at end of street on left.
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,663
Stories: 1.0
Lot Size: 9,513 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1955
Year Renovated: 1980
County: Shelby County
APN: 063007 00048
Home facts updated by county records on Sep 17, 2026
Other
Home Information
Living Area: 1663
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1663
Building Area Units: Square Feet
Building Area Source: Assessor
Structure Type: Duplex
Levels: One
Around this home
Schools
Berclair Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Treadwell Middle School
Public 6-8 • Assigned • 1.9mi
5/10
Kingsbury High School
Public 9-12 • Assigned • 1.6mi
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 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% 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 • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
77
90
71
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$161,000 – $194,000
Sell confidently with a local market expert in Memphis.