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House for sale at 1507 Oakwood St, Memphis, TN 38108 | MLS# 10231999 | Listing updated on 2026-10-08
Photo 1 of House for sale at 1507 Oakwood St, Memphis, TN 38108 | MLS# 10231999 | Listing updated on 2026-10-08
Photo 2 of House for sale at 1507 Oakwood St, Memphis, TN 38108 | MLS# 10231999 | Listing updated on 2026-10-08
Photo 3 of House for sale at 1507 Oakwood St, Memphis, TN 38108 | MLS# 10231999 | Listing updated on 2026-10-08
Photo 4 of House for sale at 1507 Oakwood St, Memphis, TN 38108 | MLS# 10231999 | Listing updated on 2026-10-08
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Street View

$119,900

Monthly Est:$597

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon1,357sqft

1507 Oakwood St, Memphis, TN 38108

$597/moEst:

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  • Duplex

  • Built in 1964

  • $-- HOA

  • -- sqft lot

  • $88/sq.ft

Description

Welcome to 1507/1509 Oakwood, a great duplex investment opportunity offering income potential and flexibility! The units have previously rented for $775/month on one side and approximately $800/month on the other, providing attractive rental income potential. The property has been updated and offers functional living spaces with minimal upfront work needed. Whether you're an investor looking to add an income-producing property to your portfolio or an owner-occupant interested in living on one side while generating rental income from the other, this duplex offers plenty of possibilities. With two separate units and income potential from both sides, 1507/1509 Oakwood is an opportunity worth considering.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 8, 2026 at 2:25 pm
  • Listing Provided by: Jonathan Nunez (901) 453-8455 | Fast Track Realty, LLC (901) 767-8770
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10231999 Memphis MLS (MAARMLS)-TN

Part of

Building
1507 Oakwood St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Hollywood

  • Year Built

    1964

  • HOA Fees

    -

  • Finished Area

    1,357 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10231999

  • MLS Status

    Active

  • Days on Market

    2

  • Cumulative Days on Market

    212

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: 1

Interior

  • Cooling

    Central Cooling

  • Appliances

    Other (see Remarks)

  • Interior Features

    Updated/renovated Kit, Updated/renovated Kit

  • Flooring

    Other (see Remarks)

  • Heating

    Central

Construction

  • Year Built

    Year Built: 1964

  • Home type

    Duplex

  • Construction Materials

    Brick Veneer

  • Architectural Style

    Traditional

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Driveway/pad

Other Features

  • Lot Features

    Other (see Remarks)

  • Subdivision Name

    Norwood

Price History

DateEventPrice

10/08/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10231999

Listed for Sale

$119,900

$88/sqft

09/28/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10215834

Off Market

$119,900 -14.30%

$88/sqft

04/08/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10215834

Listed for Sale

$139,900 +1.75%

$103/sqft

06/27/2022

Source: mls_logoMemphis MLS (MAARMLS)-TN #10118086

Sold

$137,500

$101/sqft

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 02:30PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

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Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.