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155 N MERTON ST Memphis, TN $ 199,900
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$ 199,900 Get more info
155 N MERTON ST
$ 199,900
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155 N MERTON ST

Memphis, TN, 38112
$ 199,900
Bedrooms4 Baths2.0 Sq 1,725

Monthly Estimate*

$ 1,381

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Multi-Family Home for sale in Memphis, TN

for $199,900 with 4 bedrooms and 2 full baths. This 1,725 square foot home was built in 1947.

Turnkey duplex investment in Memphis! Both units were completely renovated before the current tenants moved in, and both are occupied by long-term Section 8 tenants with dependable, government-backed rent. Current rents are $997 and $1,238, for $2,235/month or $26,820/year gross. Nothing to fix and no vacancy to fill, so you collect rent from day one. It’s a great fit for investors who want a hands-off addition to their portfolio. No showings without an accepted offer. Cash or conventional financing only. No seller financing or creative financing.

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Multi-Family Active

Price

$ 199,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,017

Style

Traditional

Year Built

1947

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10234081
Features
General
Heating Central Other (See Remarks)
Cooling Central Cooling Other (See Remarks)
Roof Composition Shingles
Status Active Active
Parking Other (See REMARKS)
Legal Subdivision Name Barton & Lamb Poplar St Re Of Part Lots
Style Traditional
Stories Count 1
County Shelby
Class Duplexes
Type Built as Duplex
Area 744I Overton Park
Parcel Number 033012 00022
Sale/Rent For Sale
Status Detail 0
Year Built 1947
Directions From Downtown Memphis take I-240 E toward Jackson. Continue onto Sam Cooper Blvd then take Tillman St. Turn right onto Summer Ave then right onto N Merton St. Continue to 155 N Merton St.
City Memphis
DOM 0
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Exterior
Foundation Conventional
Pool None
Lot Size 75X160
Lot Description Level
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,632
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/9/2026$199,900 Listed Price

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155 N MERTON ST, Memphis, TN, 38112 is a Multi-Family Home for sale at $199,900 with 1,725 sqft. 155 N MERTON ST has 4 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 38112 which is in Memphis, TN

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