INVESTORS ONLY!!! Fully rented out duplex in Berclair area. Super rare opportunity to acquire this 100% occupied duplex in the 38122 zip code. Each unit is 2 bedrooms with 1 bathroom and it has a brick exterior with central heat and air. The current rent is $650 per unit ($1300 total) but market rent is $900 per unit once rehabbed $1800 total. Roof is estimated to be 6 years old. Owner self manages this property. This could be a great addition to your investment portfolio. No sign. Cash or conventional offers only (no owner financing or subject to offers will be considered). Please do not disturb the tenants. .. .. make all offers contingent on interior inspection.
Single-familyProperty Type
1966Year Built
6,969 sq ftLot Size
Listed by Tyler Tapley• Crye-Leike, Inc., REALTORS
Summer Ave, located between Midtown Memphis and the Bartlett line, is a commercial and residential Memphis neighborhood with a long, linear corridor and a patchwork of mid-century storefronts. The neighborhood’s character concentrates around the Summer Ave & Highland St intersection, where neon signage, taquerias, produce markets, and repair shops keep the sidewalks in motion. Local pillars include the Summer Avenue Drive-In, the historic Evergreen Theatre, and Crosstown Brewing Company. Low-slung strip plazas mix with older brick buildings and pockets of modest homes set back from the traffic. The corridor’s global food counters and specialty grocers shape daily routines as much as the steady flow of cars. Greenway segments and nearby parks add breathing room to the asphalt-heavy streetscape.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Single-story home
Tile floors
Pantry
Bedrooms
4 bedrooms
Master bedroom approx. 12 x 10
Second bedroom approx. 12 x 10
All bedrooms on main level
Bathrooms
2 full bathrooms
Kitchen
Pantry
Flooring
Tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Front porch
Patio
Some trees
Home design
Attached single-family (traditional style)
Built in 1966
Parking
Driveway/pad
Construction
Brick veneer exterior
Existing property
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10229417
Aug 31, 2026
Listed
$159,900
INVESTORS ONLY!!! Fully rented out duplex in Berclair area. Super rare opportunity to acquire this 100% occupied duplex in the 38122 zip code. Each unit is 2 bedrooms with 1 bathroom and it has a brick exterior with central heat and air. The current rent is $650 per unit ($1300 total) but market rent is $900 per unit once rehabbed $1800 total. Roof is estimated to be 6 years old. Owner self manages this property. This could be a great addition to your investment portfolio. No sign. Cash or conventional offers only (no owner financing or subject to offers will be considered). Please do not disturb the tenants. .. .. make all offers contingent on interior inspection.
Memphis Area Association of Realtors(R) MLS #10229418
Aug 31, 2026
Listed
$159,900
Memphis Area Association of Realtors(R) MLS #10065189
Dec 12, 2019
Sold
$98,000
Nov 1, 2019
Listed
$125,000
+1
Please provide 24-48 hours notice to view properties. "As Is" Sale. Great income producer that has been well taken care of. Property is part of a portfolio of duplexes which can be sold in a bundle or purchased separately. Make offers contingent upon inspection, all reasonable offers will be considered. Do Not Disturb Tenants. Additional MLS #'s are 10065182, 10065184, 10065185, 10065186, 10065188, 10065191, 10065192, 10065195, 10065196. (Total package $1,001,900.)
Public Records
Jun 12, 2006
Sold
$57,000
Memphis Area Association of Realtors(R) MLS #2553994
Mar 4, 2004
Sold
$51,500
Nov 12, 2003
Listed
$52,500
Year
Property tax
Land + Additions
Assessment*
2025
$2,467 (+67.8%)
$8,520 + $38,280
$46,800
2024
$1,470 (+8.1%)
$8,520 + $38,280
$46,800
2023
$1,360
$3,800 + $18,520
$22,320
2022
$1,360 (−1.2%)
$3,800 + $18,520
$22,320
2021
$1,376 (+0.6%)
$3,800 + $18,520
$22,320
2020
$1,368
$3,800 + $18,520
$22,320
2019
$1,368
$3,040 + $15,840
$18,880
2018
$1,368 (+76.3%)
$3,040 + $15,840
$18,880
2017
$776 (−8.8%)
$3,040 + $15,840
$18,880
2016
$851
$3,040 + $15,840
$18,880
2014
$851
$3,280 + $16,200
$19,480
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
147 ft.
Lot size
8,282 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,552
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,552
Year built
1966
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
054044 00034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 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
6/10 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 • 38122
Average low and high temperatures (°F)
47
30
57
38
71
50
78
58
79
63
89
72
93
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
Redfin Estimate for 557 Berclair Rd
$159,870
$30 under list price of $160K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $160K to $269K.