The Story

1072 North Evergreen Street

Memphis, TN 38107 · Home

Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent improvements — including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates — reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio — contact listing agent for details.


Facts & Features

Property Info

Price
$225,000
Completion Year
1,948
Floors
2
Bedrooms
4
Bathrooms
2

Features & Amenities

Cooling

Central Air

Heating

Central

Appliances

Range, Oven, Refrigerator

Flooring

Laminate, Tile, Hardwood, Wood

Roof

Composition, Shingle

Lot Information

Level, Wooded

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Real Estate Agency

Broker Name

Real Estate Agency

Agent

Erica E Martin

Location

Germantown TN 38138