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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.

Features
Swimming Pool:
No
Heating System:
Central
Cooling System:
Central
Fireplaces:
0
FOUNDATION:
Conventional
PARKING/STORAGE:
Driveway/pad
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
HERMAN GRUBER
Zipcode:
38107
Street:
EVERGREEN
Street Number:
1072
Street Suffix:
ST
Floor Number:
0
Longitude:
W91° 59' 59.9''
Latitude:
N35° 10' 2.5''
Directions:
South on Evergreen from Chelsea. Home is on left about two blocks down.
Address Direction:
N
MLS Addon
Agent ID:
13940
Status:
Active
Type:
Detached Single Family
# of Stories:
2
Lot Size:
60X171

Residential For Sale

1072 EVERGREEN ST, Memphis, Tennessee 38107

4 Bedrooms
2 Bathrooms
0 Sqft
$225,000
Listing ID #10217654
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
10217654
Price :
$225,000
Bedrooms :
4
Bathrooms :
2
Full Bathrooms :
2
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1948
Lot Area :
0.23 Acre
Status :
Active
Days On Market :
89
Contact Agent