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Adorable Duplex Fully Occupied

Property Offered at: $125,000 -

1567 David, Memphis, TN 38114

Address: 1567 David Memphis, TN 38114

Purchase Price:$125,000
Currently Rented: $525 per side/$1050 Total tenants on month to month
Actual Rent Range: $750 – $850 per side: $1500 – $1700 total monthly gross income
Home in good condition, cosmetic repairs needed. Not included in price.

Property Type: Residential Duplex(Commercial Zoning)
Beds/Baths: 2 beds, 1 Beds per side
# of Units: 2
Square Feet:1635(Avg)
Occupancy Status: Tenants on month to month, require 30 day notice to vacate.
Year Built: 1949(est)
Yearly Property Tax: $1000/annually(estimated)
Newer roof, all brick construction. Separate water meters, electric is combined and tenants split utilities. You can add a new electric service panel for about $5500. Home in good condition, sale is as is.

Property Details:

Sq/Ft Total



2 Full / Half



Garage Spaces


Due Diligence:

Finacial Details:

Property Status