907-909 Meagher St, Memphis, TN 38108
- $120,000
- 1
- BD
- 1
- BA
- List Price
- $120,000
- MLS#
- 10228431
- Property Type
- Multifamily
- Bedrooms
- 1
- Bathrooms
- 1
- Lot Size
- 50X160
- Status
- ACTIVE
Property Description
Fully Occupied Brick Duplex at 907/909 Meagher — $1,400/mo Gross Income-producing all-brick duplex with both sides occupied, delivering immediate cash flow for investors. The property offers a flexible unit mix: one side is a 2 bedroom / 1 bathroom and the other is a 1 bedroom / 1 bathroom, appealing to a range of tenant needs. The units are currently rented at $650/month and $750/month, for a combined gross of $1,400/month ($16,800/year). Both units feature central heat and air, and the solid brick construction means lower ongoing maintenance and strong durability — a combination investors value for long-term holds. With both sides leased, there's no lease-up period, plus potential upside as leases turn and rents move toward market. A straightforward, stabilized addition to any rental portfolio. Please note: No showings without an accepted offer No seller financing or creative financing — cash or conventional financing only
Additional Information
- Annual City Tax
- 593
- Annual County Tax
- 618
- Cooling
- Central Cooling
- Foundation
- Conventional
- Heating
- Central
- Hot Water
- Other (See REMARKS)
- Legal Subdivision
- East Jackson Avenue
- Lot Description
- Level
- Lot Size
- 50X160
- New Financing
- Conventional
- Parking
- Other (See REMARKS)
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- JACKSON AVE
- Subtype
- Built as Duplex
- Tenant Pays
- All Utilities
- Year Built
- 1955
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Listing courtesy of Renshaw Company, 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.