996 University St, Memphis, TN 38107

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List Price
$185,000
MLS#
10219661
Property Type
Multifamily
Bedrooms
2
Bathrooms
1.1
Lot Size
60X125
Status
ACTIVE

Property Description

Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Additional Information

Annual City Tax
1545
Annual County Tax
1611
Cooling
Central Cooling
Foundation
Slab
Heating
Central
Hot Water
Other (See REMARKS)
Legal Subdivision
Vollentine Park
Lot
23
Lot Description
Level
Lot Size
60X125
New Financing
Other (See Remarks)
Parking
Other (See REMARKS)
Roof
Composition Shingles
Stories
2
Style
Traditional
Subdivision
VOLLINTINE EVERGREEN
Subtype
Built as Duplex
Year Built
1967

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Reedy & Company, REALTORS.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.