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75 N Auburndale St, Memphis, TN, 38104

5beds
4baths
2,901sqft
$499,900
$172price/sqft
$3,539/moest. monthly cost
$141,560/yrincome needed

About This Home

This fully occupied duplex-style property features two separate rental units with strong rental history and reliable cash flow ($3,900/mo!). The main unit is a spacious 2-story, 4 bed / 3 bath home currently leased at $2,600/month. The detached carriage house offers a 1 bed / 1 bath layout with separate living and dining areas, plus a dedicated laundry room, currently leased at $1,300/month. Recent updates include a new HVAC system under maintenance contract, a 3-year-old water heater, private gated parking, and a 10-year-old roof. Located just minutes from Overton Park, this turnkey property has enjoyed 100% occupancy for years—ideal for investors seeking steady rental income in a desirable location.

Getting Around

84
WalkingVery Walkable
35
TransitSome Transit
82
BikeVery Bikeable

Schools

7/10
--
Hamilton Middle SchoolGrades 6-92.5 mi
4/10
Central High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1914

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Separate Dining Room,Separate Living Room,Step-Saver Kitchen
  • Flooring: Wood Laminate Floors

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,901 sqft

Property

Details

  • Parcel number: 017044 00021

Features

  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 7,900 sqft
  • Features: Some Trees
  • Lot size dimensions: 50 x 158

Parking

  • Total spaces: 1
  • Parking features: Driveway/Pad
  • Covered spaces: 1
  • Has uncovered spaces: Yes