Excellent Investment Opportunity! This cash-flowing duplex is perfect for investors or owner-occupants. One unit features 2 bedrooms 1.5 bathrooms and is currently rented for $850/month. The other unit, offering 2 bedrooms 2 full bathrooms, is vacant and ready for a new tenant or owner. Live in one unit and rent out the other to offset your mortgage! Both units feature durable and stylish LVP flooring.
Excellent cash-flowing duplex generating $1750/mo! No showings without accepted offer. Professionally managed. Multiple offers. Highest and best due Wednesday 4/12 at 5pm.
Memphis Area Association of Realtors(R) MLS #10145563
Apr 28, 2023
Sold
$140,000
$55/sq ft
Apr 10, 2023
Listed
$135,000
$53/sq ft
Excellent cash-flowing duplex generating $1750/mo! No showings without accepted offer. Professionally managed. Multiple offers. Highest and best due Wednesday 4/12 at 5pm.
Memphis Area Association of Realtors(R) MLS #10013208
Mar 13, 2018
Sold
$69,000
$27/sq ft
Nov 13, 2017
Price Changed
$74,000
$29/sq ft
Oct 30, 2017
Price Changed
$87,500
$35/sq ft
Oct 10, 2017
Listed
$95,000
$37/sq ft
Memphis Area Association of Realtors(R) MLS #2646955
Nov 1, 2006
Sold
$87,000
$34/sq ft
Aug 15, 2006
Listed
$89,250
$35/sq ft
Public Records
Jan 3, 1990
Sold
$66,500
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,916 (+84.2%)
$8,600 + $46,720
$55,320
2024
$1,583 (+8.1%)
$8,600 + $46,720
$55,320
2023
$1,464
$5,400 + $18,640
$24,040
2022
$1,464 (−1.2%)
$5,400 + $18,640
$24,040
2021
$1,482 (−15.5%)
$5,400 + $18,640
$24,040
2020
$1,754
$5,400 + $18,640
$24,040
2019
$1,754
$5,400 + $18,800
$24,200
2018
$1,754 (+76.3%)
$5,400 + $18,800
$24,200
2017
$995 (−13.4%)
$5,400 + $18,800
$24,200
2016
$1,148
$5,400 + $18,800
$24,200
2014
$1,148
$5,400 + $20,880
$26,280
Tax history for 5718 Myers Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,916 (+84.2%)
$8,600 + $46,720
$55,320
2024
$1,583 (+8.1%)
$8,600 + $46,720
$55,320
2023
$1,464
$5,400 + $18,640
$24,040
2022
$1,464 (−1.2%)
$5,400 + $18,640
$24,040
2021
$1,482 (−15.5%)
$5,400 + $18,640
$24,040
2020
$1,754
$5,400 + $18,640
$24,040
2019
$1,754
$5,400 + $18,800
$24,200
2018
$1,754 (+76.3%)
$5,400 + $18,800
$24,200
2017
$995 (−13.4%)
$5,400 + $18,800
$24,200
2016
$1,148
$5,400 + $18,800
$24,200
2014
$1,148
$5,400 + $20,880
$26,280
*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
4
Baths
4
Stories
2
Lot width
85 ft.
Lot depth
110 ft.
Lot size
9,350 Sq. Ft.
Year renovated
—
Sq. Ft.
2,536
Year built
1977
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
093417 E00010
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
Oct 25, 2021 • Final
Residential electrical
Perform a safety inspection.
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: 2
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 2 Bedroom
# of Bathrooms: 2
# 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: 85X110
Financial
Tax Information
Tax Annual Amount: $1,583
Location
Location Information
Directions: Take I-240 W to Ridgeway Rd in Memphis. Take the Ridgeway Rd exit from TN-385 E. Take Hickory Hill Rd to Myers Rd.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,536
Stories: 2.0
Lot Size: 9,350 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: —
County: Shelby County
APN: 093417 E00010
Home facts updated by county records on Jul 13, 2026
Other
Home Information
Living Area: 2536
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 2536
Building Area Units: Square Feet
Building Area Source: Assessor
Structure Type: Duplex
Levels: Three Or More
Around this home
Schools
Hickory Ridge Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Wooddale Middle School
Charter 6-8 • Assigned • 1.2mi
5/10
Wooddale High School
Public 9-12 • Assigned • 1.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
19% 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 • 38115
Average low and high temperatures (°F)
48
30
58
37
72
50
78
58
80
63
89
72
94
76
90
71
86
67
78
56
66
49
55
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
Estimated sale price
$161,000 – $195,000
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