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155 N MERTON ST, Memphis, TN 38112

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
155 N MERTON ST,Memphis, TN 38112
$365,000
  • - Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: jonathan nunez
Office: fast track realty, llc.
MLS#:10210213
Source:TN_MAAR

Price summary

  • Price:$365,000

About this home

Investor-ready duplex with built-in cash flow and strong upside! This well-maintained property features two 2-bed, 1-bath units. One unit is currently occupied by a reliable long-term Section 8 tenant paying $1,438/mo in guaranteed rent, providing immediate, stable income. The second unit is vacant and ready for your next tenant, offering the opportunity to lease at market rates or complete value-add improvements to increase returns. Located in a high-demand rental area, this duplex combines solid existing cash flow with excellent future potential. Ideal for both seasoned investors and those growing their portfolio, this property offers multiple paths for added value, lease-up, renovations, or long-term hold strategy.

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Home facts

  • Year built:1947
  • Listing ID #:10210213
  • Added:158 day(s) ago
  • Updated:April 29, 2026 at 07:21 AM

Rooms and interior

  • Total bathrooms:1

Structure and exterior

  • Year built:1947
  • Lot Features:Some Trees
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer
  • Levels:1 Story

Finances and disclosures

  • Price:$365,000
  • Tax amount:$954
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