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38 N HOLMES ST Memphis, TN $ 265,000
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38 N HOLMES ST
$ 265,000
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38 N HOLMES ST

Memphis, TN, 38111
$ 265,000
Bedrooms4 Baths2.0 Sq 1,843

Monthly Estimate*

$ 1,632

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Multi-Family Home for sale in Memphis, TN

for $265,000 with 4 bedrooms and 2 full baths. This 1,843 square foot home was built in 1953.

Discover this lucrative cash-flowing duplex in East Memphis, offering a fantastic investment opportunity. Each side features 2 bedrooms and 1 bathroom, with comfortable and large living spaces. The property has been beautifully updated and meticulously maintained, ensuring strong tenant appeal and ease of management. The roof and HVAC system are approximately 5 years old. New windows throughout! Enjoy the large fenced yard—perfect for outdoor activities or tenant enjoyment. This versatile property has successfully operated as both a regularly booked Airbnb and a long-term rental, demonstrating its flexibility and steady income potential. Don't miss out on this prime East Memphis investment! Financial reports with monthly income flow available upon request.

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Multi-Family Active

Price

$ 265,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,751

Style

Traditional

Year Built

1953

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10222027
Features
General
Heating Central
Cooling Central Cooling
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name POPLAR BLVD TERRACE RE
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 754C Chickasaw Gardens
Parcel Number 044048 00035
Sale/Rent For Sale
Status Detail 0
Year Built 1953
Directions Heading west on Poplar Ave/HWY 72 turn right onto Holmes St (by East High School) home will be on your right.
City Memphis
DOM 0
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Exterior
Pool None
Lot 3& PTST
Lot Size 60X150
Lot Description Other (See Remarks) Wood Fenced
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Hobson, Realtors

Broker

Affordability Calculator

$1,861
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,632
Monthly Property Taxes
$229
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
5/20/2026$265,000 Listed Price

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38 N HOLMES ST, Memphis, TN, 38111 is a Multi-Family Home for sale at $265,000 with 1,843 sqft. 38 N HOLMES ST has 4 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 38111 which is in Memphis, TN

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