1577 N Parkway

Memphis TN 38112

2854 sq. ft.

0.23 ac.

Single-Family

Last sold for $190,000

Michael Turley, last sold this property on 08 September 2026 after 164 days on market.

Overview

Fully leased duplex offering immediate cash flow in a prime Midtown Memphis location. This well-maintained property features two income-producing units with strong rental history and stable tenants in place. Each unit offers functional layouts with comfortable living spaces, making it an attractive and reliable addition to any portfolio. Located along N Parkway with convenient access to Overton Park, Crosstown Concourse, and Downtown, the property benefits from consistent rental demand and long-term upside. A turnkey investment opportunity with minimal downtime and solid income from day one. Property is occupied do not disturb tenant. Seller's closing attorney and EM to be held @ Murphy DeZonia & Webb 6389 N. Quail Hollow Rd. Ste. 102, Memphis, TN 38120

Features

4 bedrooms

3 bathrooms

2854 sq. ft. floor area

0.23 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 1577 N Parkway is $300k.

Median value

$300k

Estimated value range

$55k - $695k

Median days on market

Estimated value trend

12%

increase 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 1577 N Parkway

2026

Sold

$190,000

08 Sep 2026 by Michael Turley, of CrestCore Realty MphsBrokerage

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.