1401 N LEXINGTON CIR Memphis, TN $ 85,000
1401 N LEXINGTON CIR
$ 85,000
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1401 N LEXINGTON CIR

Memphis, TN, 38107
$ 85,000
Bedrooms6 Baths3.0 Sq 1,591

Monthly Estimate*

$ 523

1401 N LEXINGTON CIR, Memphis, TN 38107 - Image 1

Multi-Family Home for sale in Memphis, TN

for $85,000 with 6 bedrooms and 3 full baths. This 1,591 square foot home was built in 1948.

Investor opportunity! 1401 N Lexington Circle is being offered as part of a package deal—perfect for buyers looking to expand their portfolio with a solid addition. This property presents great potential for rental income, long-term appreciation, or value-add improvements. Situated in a convenient location with easy access to major roads, shopping, and everyday essentials, it offers strong appeal for tenants and future resale alike. Whether you’re a seasoned investor or just getting started, this is a chance to secure multiple properties in one transaction. Don’t miss the opportunity to maximize your investment with this package deal—reach out today for full details and pricing.

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Multi-Family Active

Price

$ 85,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,242

Style

Traditional

Year Built

1948

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10216948

Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name COLONIAL VILLAGE
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 742C Vollintine/Northside
Parcel Number 040030 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1948
Directions Follow TN-385 W I-240 W and I-69 to Chelsea Ave. Take exit 2 from I-69 20 min (19.9 mi) Merge onto TN-385 W Use the left 2 lanes to merge onto I-240 W toward Jackson Continue to follow I-69 Continue
City Memphis
DOM 1
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Exterior
Pool None
Lot 1
Lot Size 123X159
Lot Description Some Trees
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Interior
Hot Water Individual System
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$627
Per Month
83%
17%
0%
Monthly Principal & Interest
$523
Monthly Property Taxes
$104
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
Pricing History
DatePricePrice ChangeDescription
3/17/2026$85,000 Listed Price

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1401 N LEXINGTON CIR, Memphis, TN, 38107 is a Multi-Family Home for sale at $85,000 with 1,591 sqft. 1401 N LEXINGTON CIR has 6 bedrooms, 3.0 baths, and was built in 1948. The property's zip code is 38107 which is in Memphis, TN