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1516 NETHERWOOD AVE Memphis, TN $ 189,000
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1516 NETHERWOOD AVE
$ 189,000
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1516 NETHERWOOD AVE

Memphis, TN, 38106
$ 189,000
Bedrooms3 Baths2.0 Sq 2,000

Monthly Estimate*

$ 1,193

1516 NETHERWOOD AVE, Memphis, TN 38106 - Image 1
1516 NETHERWOOD AVE, Memphis, TN 38106 - Image 2
1516 NETHERWOOD AVE, Memphis, TN 38106 - Image 3
1516 NETHERWOOD AVE, Memphis, TN 38106 - Image 4
1516 NETHERWOOD AVE, Memphis, TN 38106 - Image 5

Multi-Family Home for sale in Memphis, TN

for $189,000 with 3 bedrooms and 2 full baths. This 2,000 square foot home was built in 1927.

INVESTORS ONLY!! DO NOT DISTURB TENANT. A duplex featuring one 3-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, each with its own functional layout and comfortable living spaces. The property offers a practical opportunity with two separate residences on one lot, providing flexibility and added rental potential. Conveniently located near schools, shopping, dining, and major roadways for easy access to everyday amenities.

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Multi-Family Pending

Price

$ 189,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,078

Style

Traditional

Year Built

1927

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10227519
Features
General
Heating Central
Cooling Central Cooling
Status Pending Pending
Parking Driveway/Pad
Legal Subdivision Name SOUTHERN TERR
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 748B South Memphis/Glenview
Parcel Number 031008 00015
Sale/Rent For Sale
Status Detail 0
Year Built 1927
Directions Get on I-240 W. Take exit 23A to merge onto Airways Blvd. Turn left onto Lamar Ave. Turn left onto S McLean Blvd. Turn right onto Southern Ave. Turn left onto Rayner St. Turn left onto Netherwood Ave
City Memphis
DOM 4
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Exterior
Pool None
Lot 1
Lot Size 60X143
Lot Description Level
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Interior
Hot Water Electric
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* Excluded Features
List By
Kaizen Realty, Llc

Broker

Affordability Calculator

$1,450
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,193
Monthly Property Taxes
$257
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
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Pricing History
DatePricePrice ChangeDescription
8/3/2026$189,000 Listed Price

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1516 NETHERWOOD AVE, Memphis, TN, 38106 is a Multi-Family Home for sale at $189,000 with 2,000 sqft. 1516 NETHERWOOD AVE has 3 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 38106 which is in Memphis, TN

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