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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.
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
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
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.








