Description
Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2-bedroom, 1.5-bath units. One unit is vacant and rent-ready with an updated kitchen, fresh interior paint, and new carpet in the bedrooms, providing an ideal opportunity for an owner-occupant or immediate lease-up. The second unit is occupied by a month-to-month tenant ($1,295/month), offering current income with future flexibility. Both units share a fenced backyard, providing outdoor space for tenants to enjoy. Conveniently located near shopping, dining, and major commuter routes. Whether you're looking to add to your portfolio or live in one unit while generating rental income from the other, this property offers excellent potential.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2-bedroom, 1.5-bath units. One unit is vacant and rent-ready with an updated kitchen, fresh interior paint, and new carpet in the bedrooms, providing an ideal opportunity for an owner-occupant or immediate lease-up. The second unit is occupied by a month-to-month tenant ($1,295/month), offering current income with future flexibility. Both units share a fenced backyard, providing outdoor space for tenants to enjoy. Conveniently located near shopping, dining, and major commuter routes. Whether you're looking to add to your portfolio or live in one unit while generating rental income from the other, this property offers excellent potential.
© 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 Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-07-11T16:03:26.733.