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38 N Holmes St

Memphis, TN 38111
  • $265,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 10222027
UPDATED: 23 min ago
$265,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Discover this lucrative cash-flowing duplex in East Memphis, offering a fantastic investment opportunity. Each side features 2 bedrooms and 1 bathroom, with comfortable and large living spaces. The property has been beautifully updated and meticulously maintained, ensuring strong tenant appeal and ease of management. The roof and HVAC system are approximately 5 years old. New windows throughout! Enjoy the large fenced yard—perfect for outdoor activities or tenant enjoyment. This versatile property has successfully operated as both a regularly booked Airbnb and a long-term rental, demonstrating its flexibility and steady income potential. Don't miss out on this prime East Memphis investment! Financial reports with monthly income flow available upon request.

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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: 2026-06-07T19:03:11.83.
www.redsearealtyco.com/homes/176701787
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38 N Holmes St Memphis, TN 38111

  • Price: $265,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 23 min ago
  • MLS #: 10222027
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
Neighborhood:
Poplar Blvd Terrace
County:
Shelby
Area:
Chickasaw Gardens
Property Description
Discover this lucrative cash-flowing duplex in East Memphis, offering a fantastic investment opportunity. Each side features 2 bedrooms and 1 bathroom, with comfortable and large living spaces. The property has been beautifully updated and meticulously maintained, ensuring strong tenant appeal and ease of management. The roof and HVAC system are approximately 5 years old. New windows throughout! Enjoy the large fenced yard—perfect for outdoor activities or tenant enjoyment. This versatile property has successfully operated as both a regularly booked Airbnb and a long-term rental, demonstrating its flexibility and steady income potential. Don't miss out on this prime East Memphis investment! Financial reports with monthly income flow available upon request.
Exterior Features

Exterior And Windows Brick Veneer Lot Description Other (See Remarks)Wood Fenced Lot Size 60X150 Parking Driveway/Pad Parking Display N Pool Description None Style Traditional

Interior Features

Cooling Central Cooling Floors And Ceilings Hardwood ThroughoutTile Heating Central Hot Water Other (See REMARKS) Unit1 Separate Dining RoomSeparate Living RoomUpdated/Renovated Kit Unit1 Bedrooms 2 Unit1 Bedrooms Down 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 Separate Dining RoomSeparate Living RoomUpdated/Renovated Kit Unit2 Bedrooms 2 Unit2 Bedrooms Down 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 1347 Annual County Tax 1404 Duplex Type Built as Duplex Legal Subdivision Name POPLAR BLVD TERRACE RE Lot Number 3& PTST New Financing Other (See Remarks) Type Of Leases NoneOther (Call LA) Warranty And Possession Addendums Possession at Closing

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Hobson, REALTORS: 901-761-1622.



© 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: 2026-06-07T19:03:11.83.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654