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.
For sale
$159,900
948 Springdale St, Memphis, TN 38108
4beds
1,802sqft
Est.:
Duplex
Built in 1950
-- sqft lot
$153,400 Zestimate®
$89/sqft
$-- HOA
What's special
Cosmetic updatesBrand new roofWater heater
- 15 days |
- 302 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 09:11am
Listed by:
Jeremy R Veldman,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10216853
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Separate Dining Room
- Flooring: Part Carpet
Interior area
- Total interior livable area: 1,802 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
Lot
- Size: 9,000 Square Feet
- Dimensions: 60 x 150
- Features: Level
Details
- Parcel number: 042042 00045
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Condition
- Year built: 1950
Community & HOA
Community
- Subdivision: W Phelps
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $130,400
- Annual tax amount: $2,749
- Date on market: 3/16/2026
- Listing terms: Other (See Remarks)
- Lease term: Other (Call LA)
Estimated market value
$153,400
$146,000 - $161,000
$1,520/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $159,900+56.8%$89/sqft |
Source: | ||
| 7/5/2017 | Sold | $102,000+218.8%$57/sqft |
Source: Public Record Report a problem | ||
| 2/22/2017 | Sold | $32,000-4.5%$18/sqft |
Source: Public Record Report a problem | ||
| 12/4/2015 | Listing removed | $33,500$19/sqft |
Source: Realty One Group 1st National #9965697 Report a problem | ||
| 11/24/2015 | Price change | $33,500+3.1%$19/sqft |
Source: Realty One Group 1st National #9965697 Report a problem | ||
| 11/19/2015 | Listed for sale | $32,500+27.5%$18/sqft |
Source: Realty One Group 1st National #9965697 Report a problem | ||
| 4/22/2013 | Sold | $25,500+70%$14/sqft |
Source: | ||
| 10/27/2011 | Sold | $15,000-47.4%$8/sqft |
Source: Public Record Report a problem | ||
| 6/28/2005 | Sold | $28,500-54.8%$16/sqft |
Source: Public Record Report a problem | ||
| 12/20/2000 | Sold | $63,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,749 +64.9% | $52,160 +106% |
| 2024 | $1,667 +8.1% | $25,320 |
| 2023 | $1,542 | $25,320 |
| 2022 | -- | $25,320 |
| 2021 | -- | $25,320 +19.7% |
| 2020 | $676 | $21,160 |
| 2019 | $676 -21.1% | $21,160 |
| 2018 | $857 -45.1% | $21,160 |
| 2017 | $1,562 +85.8% | $21,160 -14.4% |
| 2016 | $840 -23.4% | $24,720 |
| 2014 | $1,097 | $24,720 |
| 2013 | -- | $24,720 -28.1% |
| 2012 | -- | $34,400 |
| 2011 | -- | $34,400 |
| 2010 | -- | $34,400 -17.5% |
| 2009 | -- | $41,720 +94% |
| 2008 | -- | $21,500 |
| 2007 | -- | $21,500 |
| 2006 | -- | $21,500 |
| 2005 | -- | $21,500 +39.6% |
| 2004 | -- | $15,400 |
| 2003 | -- | $15,400 |
| 2002 | -- | $15,400 -37.5% |
| 2001 | -- | $24,640 +81.2% |
| 2000 | -- | $13,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$943/mo
Principal & interest
$815
Property taxes
$128
More affordability tools
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 6/10Snowden Elementary/MiddleGrades: PK-8Distance: 0.9 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2.8 mi
Local experts in 38108
- Tennessee
- Shelby County
- Memphis
- 38108
- Midtown
- 948 Springdale St
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