Listing provided courtesy of eXp Realty, LLCMLS# 10220166MLS Provider
  • 66 days on site
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Turnkey move-in ready duplex for sale in 38108! Each side has 2 bed/1 bath units and can be rented as high as $750/month creating an opportunity for $1,500/month in gross rental income which exceeds the 1% rule! Great opportunity for building your portfolio with massive cashflow or a house-hack for those starter investors looking to offset their mortgage payment using VA or FHA with little to nothing for their down payment! Being sold in a 38108 investor portfolio which includes 1535/1537 Standridge, 1531/1533 Standridge, 2217/2219 Clayton, 2253/2255 Marble, 1477/1479 Oriole, & 1461/1463 Boxwood! The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to schedule a private tour and make your offer today! VIDEO AVAILABLE UPON REQUEST!!

Source: Memphis MLS, MLS#: 10220166

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1531 STANDRIDGE ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/25/2026Source: Memphis MLS Added to Database
April 25, 2026
6/25/2025Source: Memphis MLS Status Change
Closed
4/22/2025Source: Memphis MLS Status Change
Pending
3/19/2025Source: Memphis MLS Price Reduction
$65,000 -7.0%
2/24/2025Source: Memphis MLS Price Reduction
$69,900 -6.8%
2/7/2025Source: Memphis MLS Status Change
Active
12/8/2024Source: Memphis MLS Status Change
Pending
11/18/2024Source: Memphis MLS Price Reduction
$75,000 -6.2%