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Street View
$199,900
Monthly Est:$995
2 Beds
1 Bath1 full bath
1,725sqft
155 N Merton St, Memphis, TN 38112
$199,900
$995/moEst:
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Duplex
Built in 1947
$-- HOA
-- sqft lot
$116/sq.ft
Description
Turnkey duplex investment in Memphis! Both units were completely renovated before the current tenants moved in, and both are occupied by long-term Section 8 tenants with dependable, government-backed rent. Current rents are $997 and $1,238, for $2,235/month or $26,820/year gross. Nothing to fix and no vacancy to fill, so you collect rent from day one. It’s a great fit for investors who want a hands-off addition to their portfolio. No showings without an accepted offer. Cash or conventional financing only. No seller financing or creative financing.
- Houzeo last checked: 9 minutes ago
- Listing updated: November 9, 2026 at 6:55 pm
- Listing Provided by: Caleb Parr (901) 484-0478 | Renshaw Company, REALTORS (901) 820-4367
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10234081
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1947
HOA Fees
-
Finished Area
1,725 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10234081
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Interior
Flooring
Vinyl Floor
Cooling
Central Cooling, Other (see Remarks)
Heating
Central, Other (see Remarks)
Appliances
Other (see Remarks)
Interior Features
Updated/renovated Kit, Updated/renovated Kit
Construction
Year Built
Year Built: 1947
Home type
Duplex
Architectural Style
Traditional
Roof
Composition Shingles
Construction Materials
Brick Veneer
Foundation Details
Conventional
Utilities & Energy
Pool Features
None
Parking Features
Other (see Remarks)
Other Features
Subdivision Name
Barton & Lamb
Lot Features
Level
Price History
| Date | Event | Price |
|---|---|---|
11/09/2026 Source: | Listed for Sale | $199,900 -45.23% $116/sqft |
11/24/2025 Source: | Off Market | $365,000 +139.34% $212/sqft |
09/14/2022 Source: | Price Increased | $152,500 +210.17% $88/sqft |
06/25/2014 Source: | Sold | $49,167 $29/sqft |
Binghampton Ranks #141 in Memphis, TN
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 10, 2026, 05:45PM. 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. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
