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3394-3396 DUNGREEN ST Memphis, TN $ 149,900
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3394-3396 DUNGREEN ST
$ 149,900
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3394-3396 DUNGREEN ST

Memphis, TN, 38118
$ 149,900
Bedrooms4 Baths2.2

Monthly Estimate*

$ 923

3394-3396 DUNGREEN ST, Memphis, TN 38118 - Image 1

Multi-Family Home for sale in Memphis, TN

for $149,900 with 4 bedrooms and 2 full baths, 2 half baths. This home was built in 1974.

Leases are in place in this professionally managed duplex in Parkway Village offering immediate cash flow from day one. Features two spacious two-story units, each with 2 bedrooms and 1.5 baths, currently generating $1,590/month gross. Both units rented below market at $795 each, creating built-in upside for the value-add investor. A rare combination of turnkey stability and rent growth potential at an accessible price point in an established Memphis rental corridor. No showings without an accepted offer.

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Multi-Family Active

Price

$ 149,900

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 2,851

Style

Traditional

Year Built

1974

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10215129
Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name Dalegreen
Style Traditional
Stories Count 2
County Shelby
Class Duplexes
Type Built as Duplex
Area 772. Parkway Village
Parcel Number 073041 M00001
Sale/Rent For Sale
Status Detail 0
Year Built 1974
Directions From downtown take I-240 east. Exit at Lamar Ave and head east. Turn left onto American Way then right onto Dungreen St. Home will be on the right.
City Memphis
DOM 0
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Exterior
Foundation Slab
Pool None
Lot Size 50X140
Lot Description Level
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,161
Per Month
80%
20%
0%
Monthly Principal & Interest
$923
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/21/2026$149,900 Listed Price

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3394-3396 DUNGREEN ST, Memphis, TN, 38118 is a Multi-Family Home for sale at $149,900. 3394-3396 DUNGREEN ST has 4 bedrooms, 2.2 baths, and was built in 1974. The property's zip code is 38118 which is in Memphis, TN

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