1081 Tally Place

Memphis TN 38106

1224 sq. ft.

Single-Family

Last sold for $40,000

Melissa Thompson, last sold this property on 14 July 2026 after 151 days on market.

Overview

Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong rental potential in a high-demand Memphis market near Downtown, Midtown and major employers. Perfect for long-term tenants or Section 8 investment. With updates, this duplex could generate solid cash flow. Don’t miss this affordable multifamily opportunity in South Memphis! CASH OFFERS ONLY.

Features

2 bedrooms

2 bathrooms

1224 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 1081 Tally Place is $45k.

Median value

$45k

Estimated value range

$10k - $139.4k

Median days on market

Estimated value trend

-22%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1081 Tally Place

2026

Sold

$40,000

14 Jul 2026 by Melissa Thompson

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.