About This Home

This 4-bedroom, 2-bathroom multi-family at 508 E DISON Ave in Memphis, TN is listed for $139,900 ($83 per sqft). Built in 1947, the home offers 1,694 sqft of living space on a N/A lot.

Key Features

  • Built in 1947

Property Details

2 full
1947
Listing Description

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026).

Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates. Professionally managed, maintenance report and tenant ledgers available upon request. Seller financing available. Please do not disturb tenants.

Monthly Cost Estimate

$748/mo

20% down · 6.5% · 30 years

Principal$101
Interest$606
Insurance$41

Estimates only. Actual payments may vary.

Location

508 E DISON Ave

Memphis, TN 38106

JOHNSONS LONGVIEW HEIGHTS BLK C

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 508 E DISON Ave is listed at $139,900 ($83/sqft). The estimated monthly payment is $748 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947.

This property is listed by Jeremy Veldman.

JV

Jeremy Veldman

Agent at KAIZEN Realty

Listed by KAIZEN Realty · Broker phone: (901) 221-4041 · View on Broker Site · Broker website

MLS# 10218600· Source: Memphis Area Association of Realtors®· 203 days on PropertySimple

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.

508 E DISON Ave, Memphis, TN 38106

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