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33883298

1035 Kney Street, Memphis, TN 38107

SA
CRYE LEIKE
Listed by CRYE LEIKE
$220,000
7 days on market
Updated 6 days ago
Opportunity zone

1033 / 1035 Kney Street

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 1,828
Net Rentable (SqFt) 21,600
Units 2
Cap Rate 8.80%
NOI $19,440
Occupancy 100%
Tenancy Multi
Price per SqFt $120
Year Built 1941
Year Renovated 2023
Buildings 1
Stories 1
Zoning Residential
Parking Spaces 2 per unit
Sale Condition 1031 exchange

Multifamily | 2 Units | $110,000/unit

Marketing description

Well maintained brick duplex featuring 2 units, each offering 2 BR/ 1B. Both units include hardwood floors, fenced in backyard, kitchen pantry, & a mud room with updates throughout. New HVAC units. Currently tenant-occupied w/ total monthly rent of $1,800. VIDEO IS AVAILABLE UPON REQUEST. Lease and ledger available upon request. No Owner or Creative Financing. Do not approach or disturb tenants. No showings prior to signed contract. This property is currently being managed by a local property management company.

Listing Contacts

SA
CRYE LEIKE
Listed by CRYE LEIKE

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$19,440.00
$1,620.00/mo

Valuation Metrics

0
DSCR
8.84%
Cap Rate
8.84%
ROI

Map

Zoning

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R-6 ResidentialSingle FamilyResidential Single Family 6
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Stephanie Arender
License
352197
Brokerage
Crye-Leike Leike, Realtors
Brokerage Phone
901-756-8900
Title
Real Estate Affiliate Broker
Brokerage Address
6525 North Quail Hollow Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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