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1507 OAKWOOD ST Memphis, TN $ 149,000
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1507 OAKWOOD ST
$ 149,000
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1507 OAKWOOD ST

Memphis, TN, 38108
$ 149,000
Bedrooms4 Baths2.0 Sq 1,357

Monthly Estimate*

$ 917

1507 OAKWOOD ST, Memphis, TN 38108 - Image 1
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Multi-Family Home for sale in Memphis, TN

for $149,000 with 4 bedrooms and 2 full baths. This 1,357 square foot home was built in 1964.

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.

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Multi-Family Active

Price

$ 149,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,035

Style

Traditional

Year Built

1964

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10215834
Features
General
Heating Central Other (See Remarks)
Cooling Central Cooling Other (See Remarks)
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name NORWOOD
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 742B Vollintine/Northside
Parcel Number 042009 00005
Sale/Rent For Sale
Status Detail 0
Year Built 1964
Directions Get on I-240 E. 3 min (1.6 mi). Continue on I-240 E. Take I-40 W to N Hollywood St. Take exit 5 from I-40 W. 9 min (9.8 mi). Follow N Hollywood St to Oakwood St.
City Memphis
DOM 0
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Exterior
Pool None
Lot 410
Lot Size 40X150
Lot Description Other (See Remarks)
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Fast Track Realty, Llc

Broker

Affordability Calculator

$1,004
Per Month
91%
9%
0%
Monthly Principal & Interest
$917
Monthly Property Taxes
$86
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
3/3/2026$149,000 Listed Price

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1507 OAKWOOD ST, Memphis, TN, 38108 is a Multi-Family Home for sale at $149,000 with 1,357 sqft. 1507 OAKWOOD ST has 4 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 38108 which is in Memphis, TN

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