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996 University St

Memphis, TN 38107
  • $185,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 10219661
UPDATED: 47 min ago
$185,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Ratings & Info

Description

Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

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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: 2026-05-19T20:03:16.163.
www.redsearealtyco.com/homes/175570122
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996 University St Memphis, TN 38107

  • Price: $185,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 47 min ago
  • MLS #: 10219661
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1967
Built
Neighborhood:
Vollintine Evergreen
County:
Shelby
Area:
Vollintine/Northside
Property Description
Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
Exterior Features

Exterior And Windows Brick Veneer Foundation Slab Lot Description Level Lot Size 60X125 Parking Other (See REMARKS) Parking Display N Pool Description None Roof Composition Shingles Style Traditional

Interior Features

Cooling Central Cooling Floors And Ceilings Wood Laminate Floors Heating Central 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 1 Unit1 Living Room Dimension 0x0 Unit1 Primary Dimension 0x0 Unit1 Total Baths 1.1 Unit2 Updated/Renovated Kit Unit2 Bedrooms 2 Unit2 Den Dimension 0x0 Unit2 Dining Room Dimension 0x0 Unit2 Full Baths 1 Unit2 Half Baths 1 Unit2 Living Room Dimension 0x0 Unit2 Primary Dimension 0x0 Unit2 Total Baths 1.1

Property Features

Annual City Tax 1545 Annual County Tax 1611 Duplex Type Built as Duplex Legal Subdivision Name VOLLENTINE PARK Lot Number 23 New Financing Other (See Remarks) Type Of Leases Other (Call LA) Warranty And Possession Addendums Possession by Agreement

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Reedy & Company, REALTORS: 901-842-0805.



© 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: 2026-05-19T20:03:16.163.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654