1507 Oakwood St, Memphis, TN 38108
- $139,900
- 2
- BD
- 1
- BA
- List Price
- $139,900
- Price Change
- ▼ $9,100 1775691904
- MLS#
- 10215834
- Property Type
- Multifamily
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 40X150
- Status
- ACTIVE
Property Description
1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.
Additional Information
- Annual City Tax
- 507
- Annual County Tax
- 528
- Cooling
- Central Cooling, Other (See Remarks)
- Heating
- Central, Other (See Remarks)
- Hot Water
- Other (See REMARKS)
- Legal Subdivision
- Norwood
- Lot
- 410
- Lot Description
- Other (See Remarks)
- Lot Size
- 40X150
- New Financing
- Other (See Remarks)
- Parking
- Driveway/Pad
- Stories
- 1
- Style
- Traditional
- Subdivision
- NORWOOD
- Subtype
- Built as Duplex
- Year Built
- 1964
Mortgage Calculator
Listing courtesy of Fast Track Realty, LLC.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.