About This Home

This 4-bedroom, 2-bathroom multi-family at 3581 ROCKWOOD Ave in Memphis, TN is listed for $85,500 ($67 per sqft). Built in 1940, the home offers 1,277 sqft of living space on a N/A lot.

Key Features

  • Built in 1940

Property Details

2 full
1940
Listing Description

AS IS SALE- Investor Opportunity! Priced to Sale-Duplex featuring 2BR/1BA each side units with Two Separate Meters. One side is currently tenant occupied at $600/month on a month to month lease, with the tenant having occupied the unit for approximately 4 years.

>>>The Second unit is vacant and needs minor repairs/updates before being rent ready. Great value add opportunity with existing rental income and potential to increase overall cash flow once the vacant unit is renovated and leased. Ideal purchase for buy and hold investor or owner occupant looking to generate rental income.>>> ~~ Seller will entert

ain all reasonable offers~~ *** DO NOT DISTURB TENANT*** (View Vacant side and view rented side with a Seller Accepted offer). Sorry No Wholesalers, No Assignments, No Hard Money, Conventional Loan or Cash Offers. Must Show Valid Proof of Funds.

Monthly Cost Estimate

$457/mo

20% down · 6.5% · 30 years

Principal$62
Interest$371
Insurance$25

Estimates only. Actual payments may vary.

Location

3581 ROCKWOOD Ave

Memphis, TN 38122

E O BAILEY BLK 11

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 3581 ROCKWOOD Ave is listed at $85,500 ($67/sqft). The estimated monthly payment is $457 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940.

This property is listed by Tara Woodley.

TW

Tara Woodley

Agent at ZACH TAYLOR REAL ESTATE

Listed by ZACH TAYLOR REAL ESTATE · Broker phone: (727) 692-6578 · View on Broker Site · Broker website

MLS# 10231246· Source: Memphis Area Association of Realtors®· 32 days on PropertySimple

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3581 ROCKWOOD Ave, Memphis, TN 38122

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