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1072 N EVERGREEN ST, 
Memphis, TN 38107

$225,000


Bed


1

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Erica Martin

Real Estate Agency

901-625-5200

Last updated:

August 23, 2026, 10:58 AM

MLS#

10217651

Source:

TN MAAR

About This Home

1072 N EVERGREEN ST

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.

Home Facts

Multi-Family

1 Bath

Built in 1948

Subdivision & Development:

EVERGREEN

Price Summary

225,000

MLS #:

10217651

Last Updated:

August 23, 2026, 10:58 AM

Added:

5 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1


Structure

Structure

Architectural Style:

Traditional

Year Built:

1948


Finances & Disclosures

Finances

Price:

$225,000

Source:TN MAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.