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About This Home
This 4-bedroom, 4-bathroom multi-family at 996 UNIVERSITY in Memphis, TN is listed for $185,000. Built in 1967, on a N/A lot.
Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet.
There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
Key Features
- Built in 1967
Property Details
Monthly Cost Estimate
$989/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
996 UNIVERSITY
Memphis, TN 38107
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 996 UNIVERSITY is listed at $185,000. The estimated monthly payment is $802 based on 20% down at 6.5% interest.
Key features include: Built in 1967.
This property is listed by Alex Evans and can be reached at 9016923195 or alex@memphisinvestmentproperties.net.