11
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$139,900
Est. payment /mo
4 Beds
2 Baths
Price Dropped by $9K
1507 OAKWOOD ST Memphis, TN 38108
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Key Details
Property Type Multi-Family
Sub Type Built as Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Norwood
MLS Listing ID 10215834
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1964
Annual Tax Amount $1,035
Property Sub-Type Built as Duplex
Property Description
1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.
Location
State TN
County Shelby
Area Vollintine/Northside
Rooms
Dining Room 0x0
Interior
Heating Central, Other (See Remarks)
Cooling Central Cooling, Other (See Remarks)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Brick Veneer
Parking Features Driveway/Pad
Pool None
Building
Lot Description Other (See Remarks)
Story 1
Water Other (See REMARKS)
Listed by Jonathan Nunez • Fast Track Realty, LLC
NEARBY SCHOOL & BUSINESS
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