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1507 Oakwood St

Memphis, TN 38108
  • $139,900
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 10215834
UPDATED: 106 min ago
$139,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.

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© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-16T00:03:17.987.
www.redsearealtyco.com/homes/173650419
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1507 Oakwood St Memphis, TN 38108

  • Price: $139,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 106 min ago
  • MLS #: 10215834
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1964
Built
Neighborhood:
Norwood
County:
Shelby
Area:
Vollintine/Northside
Property Description
1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with minimal upfront work needed. Perfect for investors looking to add a performing asset to their portfolio or for an owner-occupant wanting to live in one side while generating rental income from the other. Great opportunity to secure a stabilized duplex with upside potential.
Exterior Features

Exterior And Windows Brick Veneer Lot Description Other (See Remarks) Lot Size 40X150 Parking Driveway/Pad Parking Display N Pool Description None Style Traditional

Interior Features

Cooling Central CoolingOther (See Remarks) Floors And Ceilings Other (See REMARKS) Heating CentralOther (See Remarks) Hot Water Other (See REMARKS) Unit1 Updated/Renovated Kit Unit1 Bedrooms 2 Unit1 Den Dimensions 0x0 Unit1 Dining Room Dimension 0x0 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Living Room Dimension 0x0 Unit1 Primary Dimension 0x0 Unit1 Total Baths 1 Unit2 Updated/Renovated Kit Unit2 Bedrooms 2 Unit2 Den Dimension 0x0 Unit2 Dining Room Dimension 0x0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Living Room Dimension 0x0 Unit2 Primary Dimension 0x0 Unit2 Total Baths 1

Property Features

Annual City Tax 507 Annual County Tax 528 Duplex Type Built as Duplex Legal Subdivision Name NORWOOD Lot Number 410 New Financing Other (See Remarks) Type Of Leases Other (Call LA) Warranty And Possession Addendums Possession at ClosingPossession by Agreement

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Fast Track Realty, LLC: 901-767-8770.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-16T00:03:17.987.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654