No HOA Fees
Address
1072 N Evergreen St, Memphis, TN
Price
$ 225,000
Property Attributes
  • MLS#10217651
  • TypeDuplex
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaVollintine-Northside
  • NeighborhoodEVERGREEN
  • Zip38107
  • StyleTraditional
  • Year Built1948
  • Taxes$ 1470
  • Price$ 225,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1842
Data Source:
Memphis MLS (MAAR)
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.

Price History
3/25/2026 Listed $249,900
4/24/2026 4$239,999
6/1/2026 7$225,000

General Features

Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Active
Parking Driveway/Pad
Legal Subdivision Name HERMAN GRUBER
Style Traditional
Stories Count 2
County Shelby
Class Duplexes
Type Built as Duplex
Area 742C
Parcel Number 041022 00037
Status Active
Annual City Tax 720
Annual County Tax 750
Sale/Rent For Sale
Area Vollintine/Northside
Service Type Full Service Listing
Year Built 1948
Directions South on Evergreen from Chelsea. Home is on left about two blocks down.
City Memphis
DOM 178

Interior Features

Hot Water Electric
Unit 1 Full Baths 1
Unit 1 Bedrooms 2
Unit 2 Full Baths 1
Unit 2 Bedrooms 2
Unit 1 Total Baths 1
Unit 2 Total Baths 1
MISCELLANEOUS INTERIOR Cable Available
FLOORS/CEILINGS Part Hardwood,Tile,Wood Laminate Floors

Exterior Features

Foundation Conventional
Pool None
Lot 15
Lot Size 60X171
Parking Display No
Lot Description Level,Some Trees
EXTERIOR / WINDOWS Wood/Composition
Misc. Exterior Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Duplex Average in 38107

Price
AVG $170K
$230K
Taxes
AVG $2,288
$1,470
Year Built
AVG 1939
1948
Visits
AVG 63
111
Data Provided by Inside Real Estate®