484-486 HIGH POINT TER Memphis, TN $ 625,000
484-486 HIGH POINT TER
$ 625,000
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484-486 HIGH POINT TER

Memphis, TN, 38122
$ 625,000
Bedrooms8 Baths4.0 Sq 2,876

Monthly Estimate*

$ 3,946

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Multi-Family Home for sale in Memphis, TN

for $625,000 with 8 bedrooms and 4 full baths. This 2,876 square foot home was built in 1998.

HOUSE HACK OPPORTUNITY in sought after High Point Terrace neighborhood!! This updated duplex offers 8 beds, 4 baths, and 2,876 sq. ft. of living space across two income-producing units. Unit 486 is currently tenanted, generating rental income at $2,200/mo thru 12/31/26, while the other side is ready for an owner-occupant to move right in and offset their mortgage. Enjoy hard-surface flooring, bright living areas, and shaker-style kitchen cabinetry throughout. Additional highlights include central heat and air, a 2-car garage, and a large fenced backyard. DO NOT DISTURB TENANT Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

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Multi-Family Active

Price

$ 625,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,035

Style

Traditional

Year Built

1998

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10225137

Features
General
Heating Central
Cooling Central Cooling
Status Active Active
Parking Driveway/Pad Front-Load Garage
Legal Subdivision Name NOLENS
Style Traditional
Stories Count 1.5
County Shelby
Class Duplexes
Type Built as Duplex
Area 755A Galloway Gardens
Parcel Number 044095 00034
Sale/Rent For Sale
Status Detail 0
Year Built 1998
Directions From Summer Ave go South on High Point Terrace; property on left.
City Memphis
DOM 1
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Exterior
Pool None
Lot 2
Lot Size 65X100
Lot Description Level
Misc. Exterior Porch Patio
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
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Foundation Property Management

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Affordability Calculator

$4,949
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$1,003
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
7/1/2026$625,000 Listed Price

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484-486 HIGH POINT TER, Memphis, TN, 38122 is a Multi-Family Home for sale at $625,000 with 2,876 sqft. 484-486 HIGH POINT TER has 8 bedrooms, 4.0 baths, and was built in 1998. The property's zip code is 38122 which is in Memphis, TN