# 1507 OAKWOOD St, Memphis, TN 38108 > **TL;DR:** 4bd/2ba multi-family, $119,900 ($88/sqft), built 1964, 1,357 sqft. Est. $641/mo. Listed 22 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $119,900 | | Price/sqft | $88 | | Bedrooms | 4 | | Bathrooms | 2 full | | Square Feet | 1,357 | | Year Built | 1964 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 22 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $606 | | Estimated Insurance | $35 | | **Total** | **$641** | ## Property Highlights - Built in 1964 ## Description ### Agent Description Welcome to 1507/1509 Oakwood, a great duplex investment opportunity offering income potential and flexibility! The units have previously rented for $775/month on one side and approximately $800/month on the other, providing attractive rental income potential. The property has been updated and offers functional living spaces with minimal upfront work needed. Whether you're an investor looking to add an income-producing property to your portfolio or an owner-occupant interested in living on one side while generating rental income from the other, this duplex offers plenty of possibilities. With two separate units and income potential from both sides, 1507/1509 Oakwood is an opportunity worth considering. ## Location - **Address:** 1507 OAKWOOD St, Memphis, TN 38108 - **County:** Shelby - **Neighborhood:** NORWOOD - **Coordinates:** 35.177387, -89.976846 - **Google Maps:** https://www.google.com/maps?q=35.177387,-89.976846 ## Listing Agent - **Name:** Jonathan Nunez - **Brokerage:** Fast Track Realty, LLC - **Broker Phone:** (901) 767-8770 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1507-Oakwood-St_Memphis_TN_38108_M76752-22290?f=listhub&s=MAARTN&m=10231999&c=propsimple) ## Photos ![1507 OAKWOOD St - Photo 1](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f1842852532r.jpg) ![1507 OAKWOOD St - Photo 2](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f2110058731r.jpg) ![1507 OAKWOOD St - Photo 3](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f2267887370r.jpg) ![1507 OAKWOOD St - Photo 4](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f3798878061r.jpg) ![1507 OAKWOOD St - Photo 5](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f2286638316r.jpg) ![1507 OAKWOOD St - Photo 6](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f279908246r.jpg) ![1507 OAKWOOD St - Photo 7](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f370773182r.jpg) ![1507 OAKWOOD St - Photo 8](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f3075139208r.jpg) ![1507 OAKWOOD St - Photo 9](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f2497581183r.jpg) ![1507 OAKWOOD St - Photo 10](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f3499556074r.jpg) ![1507 OAKWOOD St - Photo 11](http://lh.rdcpix.com/876da570916dedb6884ce5eb3c754456l-f1367479213r.jpg) --- **MLS#:** 10231999 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1507-oakwood-st-memphis-tn-38108-bcb1b6e4cd534fe9bd3d82e225c08f5c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1507-oakwood-st-memphis-tn-38108-bcb1b6e4cd534fe9bd3d82e225c08f5c#listing", "url": "https://www.propertysimple.ai/listing/1507-oakwood-st-memphis-tn-38108-bcb1b6e4cd534fe9bd3d82e225c08f5c", "name": "1507 OAKWOOD St, Memphis, TN 38108", "description": "Welcome to 1507/1509 Oakwood, a great duplex investment opportunity offering income potential and flexibility! The units have previously rented for $775/month on one side and approximately $800/month on the other, providing attractive rental income potential. 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