___ Seller requires acceptable offer prior to showing. ______. Well-maintained duplex in the heart of Midtown offering strong rental income and long-term potential. With scheduled rents totaling over $3,000/month, this property is ideal for investors or buyers looking to house hacklive in one unit while offsetting expenses with rental income from the other. Each unit features bright, inviting interiors with hardwood floors, abundant natural light, and classic brick accents that add warmth and character. Kitchens and baths offer clean, neutral finishes, appealing to a wide range of tenants. Spacious living areas and functional layouts support comfortable living and strong rental appeal. The property offers additional potential for future value enhancement, including the possibility of a condo conversion for resale (subject to buyer verification and approvals), along with flexibility for various rental strategies. Conveniently located in a beautiful Mid-town neighborhood
Central Gardens, located between Midtown and East Memphis, is a historic and residential Memphis neighborhood with early-20th-century architecture and a canopy of mature trees. The neighborhood’s character concentrates along Madison Avenue near Cooper Street, where indie cafes, galleries, and small restaurants set a steady street-level hum. Landmark homes line curving blocks with deep porches, brick detailing, and landscaped setbacks that shape a quiet, walkable rhythm. The community’s cultural pillars include Playhouse on the Square, the Memphis Brooks Museum of Art, and the Memphis Zoo. Overton Park’s greenspace and trails frame daily routines with room for a picnic or a long loop. A short drive south, the Memphis Botanic Garden adds another layer of curated landscape and seasonal color.
Provided by Walk Score and Local Logic
Offer insights
766 Roland St · $399,000
$394K and above
75% chance or better to win
Why $394K+ is a strong offer
DAYS ON MARKET
112 days
The average home goes pending in 28 days.
SALE-TO-LIST
96.0%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Two fireplaces
Pull-down attic stairs
Wood laminate floors
Pantry in kitchen
Living room and dining room combined
Bedrooms
Unit 1: 2 bedrooms (master 16 x 17, second 16 x 12)
Unit 2: 2 bedrooms (master 15 x 12, second 14 x 11)
Bathrooms
Each unit: 1 full bath and 1 half bath
Kitchen
Refrigerator
Range/oven (freestanding)
Dishwasher
Disposal
Exhaust fan/vent hood
Laundry & utility
No specific laundry details provided
Flooring
Wood laminate floors
Heating & cooling
Central heating
Central cooling
Gas hot water
Exterior features
Patio
Brick veneer exterior
Level lot
Home design
Built as a duplex
Traditional style
2 stories
Year built: 1971
Parking
Driveway/pad parking
Construction
Composition shingle roof
Slab foundation
Utilities
Gas hot water
Central heating and cooling
Financial info
Unit 1 monthly rent: $1,650
Unit 2 monthly rent: $1,500
Leases: yearly
Tenants pay all utilities
New financing options: assumption, conventional, FHA, VA
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10223710
Jun 11, 2026
Price Changed
$399,000
Jun 11, 2026
Listed
$450,000
Public Records
Jul 28, 2021
Sold
$360,000
Public Records
Jan 12, 2017
Sold
$240,000
Memphis Area Association of Realtors(R) MLS #1
May 19, 2016
Price Changed
$275,000
Public Records
Jan 5, 2005
Sold
$222,000
Year
Property tax
Land + Additions
Assessment*
2025
$9,369 (+33.6%)
$35,880 + $141,880
$177,760
2024
$7,015 (+8.1%)
$35,880 + $141,880
$177,760
2023
$6,489
$26,640 + $79,880
$106,520
2022
$6,489 (−1.2%)
$26,640 + $79,880
$106,520
2021
$6,565 (−2.5%)
$26,640 + $79,880
$106,520
2020
$6,736
$26,640 + $79,880
$106,520
2019
$6,736
$26,640 + $66,320
$92,960
2018
$6,736 (+76.3%)
$26,640 + $66,320
$92,960
2017
$3,821 (+11.1%)
$26,640 + $66,320
$92,960
2016
$3,440
$26,640 + $66,320
$92,960
2014
$3,440
$26,640 + $52,080
$78,720
Public record
Public record
Permits
Beds
6
Baths
4
Stories
2
Lot width
89 ft.
Lot depth
101 ft.
Lot size
9,044 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,196
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,196
Year built
1971
Style
Multi-Family (2-4 Unit)
County
Shelby County
APN
030005 00022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Jun 15, 2023 • Final
Residential mechanical
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.
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 108° expected this year, 20 days in 30 years
4/10 Wind Factor
15% 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 • 38104
Average low and high temperatures (°F)
46
30
56
37
70
50
77
58
78
63
88
72
92
77
89
71
87
67
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.
8.8 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 766 Roland St
There isn’t enough information to generate an accurate estimate at this time. Learn More