




1507 Oakwood St, Memphis, TN, 38108
4beds
2baths
1,357sqft
$139,900
$103price/sqft
$1,312/moest. monthly cost
$52,480/yrincome needed
About This Home
1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.
Getting Around
57
31
54
Schools
3/10
2/10
Construction
Condition
- Year built: 1964
Materials
- Construction materials: Brick Veneer
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Updated/Renovated Kit
Heating & Cooling
- Heating features: Central,Other (See Remarks)
- Cooling features: Central Air,Other (See Remarks)
Interior Area
- Total interior livable area: 1,357 sqft
Property
Details
- Parcel number: 042009 00005
Features
- Stories: 1
- Pool features: None
Lot
- Lot size: 6,000 sqft
- Features: Other (See Remarks)
- Lot size dimensions: 40 x 150
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
