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8 Beds
2 Baths
1,151 sqft

$148,000

1621 OAKWOOD ST, Memphis TN, 38108

Price per sqft$128.58
Built in1950
Property size1,151 sqft
Property typeMulti-family

Overview

Active

Listed Jun 29, 2026

Updated 2 days ago

Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, two bedrooms, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.

$985/mo

Est. mortgage payment based on a $148,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10224990

Interior Features

Bedrooms
8
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listed by Melissa Thompson with eXp Realty
Listing Contact: 901-729-9526 

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Data last updated on 10/7/2026 at 5:17 AM UTC

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