1022 UNIVERSITY ST Memphis, TN $ 224,900
1022 UNIVERSITY ST
$ 224,900
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1022 UNIVERSITY ST

Memphis, TN, 38107
$ 224,900
Bedrooms6 Baths4.0 Sq 2,880

Monthly Estimate*

$ 1,420

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Multi-Family Home for sale in Memphis, TN

for $224,900 with 6 bedrooms and 4 full baths. This 2,880 square foot home was built in 1972.

DUPLEX in the University/Midtown area with 1 side currently leased at $1,500 pr mnth. This side-by-side duplex has separate driveways and 2 residential units.Each side offers a practical layout with a living room, dining area, 1 bed on the main level and 2 bedrooms up. Both units have central heat and air.The existing monthly rent provides an immediate income stream, while the second unit offers additional rental upside. For an investor, the property offers the opportunity to increase rental income. For an owner-occupant, live in 1 side and use the income from the other side to offset the monthly cost of ownership. The property is within reach of the UOM, Rhodes College, Crosstown, Midtown and Downtown, with restaurants, shopping, entertainment and employment centers nearby. The University area has a strong concentration of restaurants and services, while Crosstown Concourse offers dining, retail, medical and arts uses under one roof.

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Multi-Family Active

Price

$ 224,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,200

Style

Traditional

Year Built

1972

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10229346

Features
General
Heating Central
Cooling Central Cooling
Roof Composition Shingles
Fireplaces 1
Status Active Active
Parking Driveway/Pad
Legal Subdivision Name VOLLENTINE PARK
Style Traditional
Stories Count 2
County Shelby
Class Duplexes
Type Built as Duplex
Area 742D Vollintine/Northside
Parcel Number 041034 00154
Sale/Rent For Sale
Status Detail 0
Year Built 1972
Directions From Jackson Ave go north on University St units are on the right
City Memphis
DOM 1
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Exterior
Foundation Slab
Pool None
Lot 27
Lot Size 70X125
Lot Description Level
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Interior
Hot Water Gas
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* Excluded Features
List By
Bhhs Mclemore & Co. Realty

Broker

Affordability Calculator

$1,687
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,420
Monthly Property Taxes
$267
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
8/28/2026$219,000 Listed Price

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1022 UNIVERSITY ST, Memphis, TN, 38107 is a Multi-Family Home for sale at $224,900 with 2,880 sqft. 1022 UNIVERSITY ST has 6 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 38107 which is in Memphis, TN