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About This Home

This 4-bedroom, 2-bathroom residential multi family at 948 SPRINGDALE St in Memphis, TN is listed for $159,900 ($89 per sqft). Built in 1950, the home offers 1,802 sqft of living space on a N/A lot.

Agent Description

ATTENTION INVESTORS! Cash flowing duplex rented for $1,725/month ($795 and $930). Unit 948- lease is good until 5/31/2026, tenant has occupied the property since June 2017. Unit 950- lease is good until 10/10/2026, tenant has occupied the property since Oct 2024.

Property was totally renovated in 2017 including- brand new roof, AC, furnace, water heater, plumbing, electrical and cosmetic updates. Located near the much sought after Vollintine Evergreen historic district and only 2 miles from Overton Park and the Memphis Zoo. Strong rental demand in the area. Maintenance report and tenant ledgers available upon request. Professionally managed, do not disturb tenant.

Key Features

  • Built in 1950

Property Details

2 full
1950

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

948 SPRINGDALE St

Memphis, TN 38108

W PHELPS

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 948 SPRINGDALE St is listed at $159,900 ($89/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1950.

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# 10216853· Source: listhub· Updated 77 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.

948 SPRINGDALE St, Memphis, TN 38108

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