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3422 Tutwiler Ave, Memphis, TN, 38122

5beds
2baths
1,946sqft
$145,000
$75price/sqft
$1,181/moest. monthly cost
$47,240/yrincome needed

About This Home

Turnkey duplex offering strong income potential. One unit features 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, providing flexible rental options. Both units were updated in 2025 prior to current tenants moving in, including fresh interior and exterior paint, updated countertops, new flooring, and other modern touches. Property is currently tenant occupied and cash flowing, making it an excellent opportunity for investors seeking immediate rental income. Also ideal for an owner occupant looking to house hack by living in one unit while the other helps offset the mortgage. Solid rental history and functional layout make this a great addition to any portfolio. Convenient location with easy access to shopping, dining, and major roadways.

Getting Around

58
WalkingSomewhat Walkable
33
TransitSome Transit
61
BikeBikeable

Schools

3/10
5/10
Treadwell Middle SchoolGrades 6-80.4 mi
3/10
Kingsbury High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1950

Materials

  • Construction materials: Wood/Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Williamsburg
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • All Bedrooms Down,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,946 sqft

Property

Details

  • Parcel number: 038039 00031

Features

  • Stories: 1
  • Pool features: None
  • Exterior features: Other (See REMARKS)

Lot

  • Lot size: 9,583 sqft
  • Features: Level
  • Lot size dimensions: 50 x 200

Parking

  • Total spaces: 2
  • Parking features: Driveway/Pad
  • Covered spaces: 2
  • Has uncovered spaces: Yes