1621 OAKWOOD ST Memphis, TN $ 150,000
1621 OAKWOOD ST
$ 150,000
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1621 OAKWOOD ST

Memphis, TN, 38108
$ 150,000
Bedrooms4 Baths2.0 Sq 1,151

Monthly Estimate*

$ 947

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Multi-Family Home for sale in Memphis, TN

for $150,000 with 4 bedrooms and 2 full baths. This 1,151 square foot home was built in 1950.

Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, one bedroom, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.

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Multi-Family Active

Price

$ 150,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,037

Style

Traditional

Year Built

1950

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10224990

Features
General
Heating Other (See Remarks)
Cooling Other (See Remarks)
Roof Composition Shingles
Fireplaces 0
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 042006 00007
Sale/Rent For Sale
Status Detail 0
Year Built 1950
Directions From Chelsea Ave. turn North on Oakwood. or from Hollywood turn West on Heard - left (South) on Oakwood
City Memphis
Virtual Tour https://www.searchallproperties.com/listings/3485182/vtour?ubd=1
DOM 1
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Exterior
Foundation Conventional
Pool None
Lot 59
Lot Size 40X150
Lot Description Chain Fenced Level Some Trees
Misc. Exterior Porch
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Interior
Hot Water Electric Individual System
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* Excluded Features
List By
Exp Realty

Broker

Affordability Calculator

$1,034
Per Month
92%
8%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$86
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/29/2026$150,000 Listed Price

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1621 OAKWOOD ST, Memphis, TN, 38108 is a Multi-Family Home for sale at $150,000 with 1,151 sqft. 1621 OAKWOOD ST has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 38108 which is in Memphis, TN