2043 Lamar Ave, Memphis, TN 38114

$139,900
2
BD
1
BA

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List Price
$139,900
MLS#
10227055
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
85X65
Status
ACTIVE

Property Description

INVESTORS ONLY! Wonderful 4 bedroom 2 bathroom brick duplex that was fully rehabbed in 2021! Each unit is a 2/1 with central heat and air. ONLINE VIDEO AVAILABLE UPON REQUEST. This property is on a corner lot and has covered parking and would be a great addition to your investment portfolio. The right side unit (2043 Lamar) is leased at $920/mo. & the left side unit (2045 Lamar) is currently vacant but it has been rehabbed in 2026 & it is being marketed for rent. Property is professionally managed (lease, ledger, repair history available upon request). This duplex is estimated at over 2,000 square feet so it is quite large and appears to be in overall nice condition. Total rent is estimated at over $1800 once fully leased. Seller is also selling 39 E. Frank, Memphis, TN (can buy individually or in bulk). No wholesalers, no assignments, no sign in the yard. Make offers contingent on interior inspection.

Additional Information

Annual City Tax
1864
Annual County Tax
1943
Cooling
Central Cooling
Heating
Central
Hot Water
Gas
Legal Subdivision
Worthington Pl
Lot
7 & PT 6
Lot Description
Some Trees
Lot Size
85X65
New Financing
Other (See Remarks)
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
1
Style
Traditional
Subdivision
WORTHINGTON PLACE
Subtype
Built as Duplex
Year Built
1960

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Listing courtesy of Crye-Leike, Inc., REALTORS.

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.