1072 N Evergreen St, Memphis, TN 38107
- $225,000
- 4
- BD
- 2
- BA
- List Price
- $225,000
- Status
- ACTIVE
- MLS#
- 10217654
- Price Change
- ▼ $14,999 1780345422
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 60X171
Property Description
Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent improvements — including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates — reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio — contact listing agent for details.
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Additional Information
- Acres
- 0.23
- Annual City Tax
- 720
- Annual County Tax
- 750
- Bedroom Two Description
- Level 1, Level 2
- Cooling
- Central
- Exterior
- Porch
- Exterior Windows
- Wood/Composition
- Floors Ceilings
- Part Hardwood, Wood Laminate Floors, Tile
- Foundation
- Conventional
- Heating
- Central
- Interior Equipment
- Range/Oven, Refrigerator, Cable Available
- Legal Subdivision
- Herman Gruber
- Living Dining Kitchen
- Separate Dining Room, Eat-In Kitchen
- Lot
- 15
- Lot Description
- Some Trees, Level
- Lot Size
- 60X171
- Misc Interior
- Smoke Detector(s)
- Neighborhood Amenities
- None
- New Financing
- Conventional, FHA, VA, Other (See REMARKS)
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 2
- Style
- Traditional
- Subdivision
- EVERGREEN
- Subtype
- Detached Single Family
- Water Sewer
- Public Water, Public Sewer
- Year Built
- 1948
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