Residential Income in Memphis

$150,000

1621 OAKWOOD, 38108, Memphis, TN

Residential Income for sale in Memphis, 1621 OAKWOOD, 38108, 1151 m²

1621 OAKWOOD, 38108, Memphis, TN

$150,000

1151
Type: Residential Income

Description

Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, two bedrooms, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.

Location

1621 OAKWOOD, 38108, Memphis, TN

Data

Object TypeResidential Income
Purchase Price$150,000
Living Space1151 m²
Plot SizeN/A
BathroomsN/A
Construction Year1950
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther (See Remarks)
Primary Energy SourceN/A
Construction Year1950
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent