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For sale
  • Price cut: $10K (7/10)
    $115,000

    33 E Fernwood Ave, Memphis, TN 38109

    4beds
    --sqft
    : 
    Duplex
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick exteriorHardwood floors
    Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in place). 100% occupied property. Rents are $550/mo and $495/mo with leases ending 12/31/25 and 8/31/25. One unit was recently rehabbed within the last 12 months. Property has hardwood floors and very convenient location.
    96 days
    on Zillow
    |
    255
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 08:14am

    Listed by:

    Tyler Tapley,

    Crye-Leike, Inc., REALTORS 901-756-8900

    Source: MAAR,MLS#: 10196069MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 33 E Fernwood Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Other (See Remarks), Wall Furnace
    Cooling
    • Other (See Remarks)
    Appliances
    • Included: Gas Water Heater
    Features
    • Pantry, Pantry in Kitchen
    • Flooring: Part Carpet

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,750 Square Feet
    • Dimensions: 50 x 135
    • Features: Level
    Details
    • Parcel number: 050059 00006

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Brick Veneer
    Condition
    • Year built: 1953

    Community & HOA

    Community
    • Subdivision: New South Memphis Blk 34
    Location
    • Region: Memphis

    Financial & listing details

    • Tax assessed value: $29,100
    • Annual tax amount: $1,159
    • Date on market: 5/7/2025
    • Listing terms: Other (See Remarks)
    • Lease term: Other (Call LA)
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