For sale

$135,000

3255 Macon Rd, Memphis, TN 38122

3beds

1,295sqft

Est.:

Duplex

Built in 1941

-- sqft lot

$127,200 Zestimate^®

$104/sqft

$-- HOA

What's special

Great investment opportunity in a strong rental area of Memphis. This well-maintained duplex offers two separate units. One unit has two bedrooms and one bath and is currently rented for $775 per month. The other unit has one bedroom and one bath and is listed for rent at $575 per month. Both have been updated recently. Ideal for investors seeking solid cash flow or for an owner occupant looking to live in one side and rent the other. Professionally managed and ready to generate income from day one.

49 days

279

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Wall Furnace

Cooling

1 Window Unit per Unit

Features

Eat-in Kitchen
Flooring: Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,295 sqft

Property

Parking

Parking features: Driveway/Pad, Other (See REMARKS)
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 10,560 Square Feet
Dimensions: 60 x 176
Features: Level

Details

Parcel number: 038025 00019

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Stone

Condition

Year built: 1941

Community & HOA

Community

Subdivision: Jackson Terrace 1st Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $31,400
Annual tax amount: $765
Date on market: 11/7/2025
Listing terms: Conventional,FHA,Other (See Remarks),VA Loan
Lease term: Other (Call LA)
Total actual rent: 775

Estimated market value

$127,200

$121,000 - $134,000

$675/mo

Price history

Date	Event	Price
11/7/2025	Listed for sale	$135,000+17.4%$104/sqft
Source: MAAR #10209328 Report a problem
9/27/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/30/2023	Listed for rent	$550
Source: Zillow Rentals Report a problem
3/31/2023	Listing removed	--
Source: MAAR #10143222 Report a problem
3/9/2023	Contingent	$115,000$89/sqft
Source: MAAR #10143222 Report a problem