3335 Walnut Grove Rd, Memphis, TN 38111

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Sold Price
$250,000
List Price
$270,000
Closing Date
Apr 15, 2026
MLS#
10217895
Property Type
Multifamily
Bedrooms
4
Bathrooms
2
Lot Size
76X160
Status
CLOSED

Property Description

Unique Investment Opportunity – Duplex Alert! If you’ve been looking for an investment property that checks all the boxes…this is it! This one-of-a-kind duplex offers the perfect blend of space, versatility, and income potential: One side features a spacious 4 bedroom, 2 bath layout. The other side offers a comfortable 2 bedroom, 1 bath setup. Generating $2,250 per month in rental income, tenant rights apply making this an ideal opportunity for investors looking for immediate cash flow. Some deferred maintenance needed and updates needed. No showings without an acceptable offer. Large side is MTM (2 year tenant); small side renews 2/2027, 16 yr tenant on small side.

Additional Information

Annual City Tax
2990
Annual County Tax
3116
Appliances Equipment
Refrigerator
Cooling
Central Cooling
Exterior
Porch, Deck
Foundation
Conventional
Heating
Central
Hot Water
Gas
Legal Subdivision
Poplar Boulevard Terrace Re
Lot
4
Lot Description
Some Trees, Level
Lot Size
76X160
New Financing
Conventional
Occupancy
100
Parking
Driveway/Pad, Garage Door Opener(s)
Roof
Composition Shingles
Stories
1.5
Style
Traditional
Subdivision
POPLAR BLVD TERRACE
Subtype
Single Family Conversion
Tenant Pays
All Utilities
Year Built
1950

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Listing courtesy of 4 Success Realty, LLC. Selling Office: 4 Success Realty, LLC.

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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.