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1022 UNIVERSITY ST, Memphis, TN 38107

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1022 UNIVERSITY ST,Memphis, TN 38107
$224,900
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tony lavelle
Office: bhhs mclemore & co. realty
MLS#:10229346
Source:TN_MAAR

Price summary

  • Price:$224,900

About this home

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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Home facts

  • Year built:1972
  • Subdivision & Development:VOLLINTINE EVERGREEN
  • Listing ID #:10229346
  • Added:14 day(s) ago
  • Updated:September 12, 2026 at 07:32 AM

Rooms and interior

  • Total bathrooms:2
  • Flooring:Part Carpet, Tile, Wood Laminate Floors

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1972
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Wood/Composition
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$224,900
  • Tax amount:$3,200
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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