1621 Oakwood St, Memphis, TN 38108

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List Price
$150,000
MLS#
10224990
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
40X150
Status
ACTIVE

Property Description

Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, two bedrooms, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.

Additional Information

Annual City Tax
508
Annual County Tax
529
Appliances Equipment
Disposal, Smoke Detector(s)
Bedrooms Downstairs
2
Cooling
Other (See Remarks)
Exterior
Porch
Foundation
Conventional
Heating
Other (See Remarks)
Hot Water
Electric, Individual System
Legal Subdivision
Norwood
Lot
59
Lot Description
Chain Fenced, Level, Some Trees
Lot Size
40X150
Misc Interior
All Window Treatments, Attic Access, Cable Available
New Financing
Other (See Remarks)
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
NORWOOD
Subtype
Built as Duplex
Year Built
1950

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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