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$120,000

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

1 Beds ⋅ 1 Baths ⋅ 10228431 MLS

907-909 Meagher St, Memphis