1580 Marjorie St, Memphis, TN 38106

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Sold Price
$90,117
List Price
$100,000
Closing Date
Oct 14, 2025
MLS#
10203939
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X240
Status
CLOSED

Property Description

Investors only! This brick Duplex is already fully rented, 100% occupied. The addresses are 1580 and 1582 Marjorie. The units are both 2BED, 1BATH each. 1580 is rented for $450 per month and 1582 is rented for $445 per month. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1623/1625 Galveston ($120k), and 2250 Oldfield ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers). Property is professionally managed. No sign in the yard.

Additional Information

Annual City Tax
415
Annual County Tax
441
Cooling
Central Cooling
Exterior
Porch, Patio
Heating
Central
Hot Water
Electric
Legal Subdivision
Barton & Lamb Blk 5
Lot
16
Lot Description
Some Trees, Chain Fenced
Lot Size
50X240
New Financing
Other (See Remarks)
Parking
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
BARTON & LAMB BLK 5
Subtype
Built as Duplex
Year Built
1966

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Crye-Leike, Inc., REALTORS.

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