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About This Home

This 4-bedroom, 2-bathroom residential multi family at 3151 HIGHLAND PARK Pl in Memphis, TN is listed for $189,900 ($118 per sqft). Built in 1948, the home offers 1,606 sqft of living space on a N/A lot.

Agent Description

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,845/month with strong, reliable tenants in place. Unit 3151 rents for $895 (tenant since 7/1/2021; lease through 6/30/2026). Unit 3153 rents for $950 (tenant since 9/1/2024; lease through 9/30/2026).

Leases automatically renew unless either party provides 30-day notice. Both tenants are current with excellent payment history. Renovated in 2021 with new roof, HVAC, water heater, and cosmetic updates. Professionally managed, maintenance report and tenant ledgers available upon request. Please do not disturb tenants.

Key Features

  • Built in 1948

Property Details

2 full
1948

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

3151 HIGHLAND PARK Pl

Memphis, TN 38111

EAST HIGH GARDENS

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 3151 HIGHLAND PARK Pl is listed at $189,900 ($118/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.

Key features include: Built in 1948.

This property is listed by Jeremy Veldman and can be reached at 6624187511 or Jrveldman@gmail.com.

JV

Jeremy Veldman

Agent at KAIZEN Realty, LLC

(662) 418-7511

Listed by KAIZEN Realty, LLC · View on Broker Site

MLS# 10220865· Source: listhub· Updated 27 days ago

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.

3151 HIGHLAND PARK Pl, Memphis, TN 38111

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