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1072 N Evergreen St, Memphis
$225,000
2 Beds ⋅ 1 Baths ⋅ 10217651 MLS
Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent improvements — including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates — reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio — contact listing agent for details.

1072 N Evergreen St, Memphis

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