Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, one is vacant but rent ready and the other is occupied at $600! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.
For sale
Price cut: $2.5K (12/9)
$122,500
706 Lester St, Memphis, TN 38112
2beds
1,092sqft
Est.:
Duplex
Built in 1950
-- sqft lot
$115,200 Zestimate®
$112/sqft
$-- HOA
What's special
- 50 days |
- 121 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 10:56am
Listed by:
Duane J Kinnard,
Tri-Leake Realty 901-323-1246
Source: MAAR,MLS#: 10208258
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Wall Furnace
Cooling
- 1 Window Unit per Unit, 2+ Window Units per Unit
Appliances
- Included: Gas Water Heater
Features
- Updated/Renovated Kit
- Flooring: Vinyl
Interior area
- Total interior livable area: 1,092 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 8,050 Square Feet
- Dimensions: 70 x 115
- Features: Some Trees, Corner Lot
Details
- Parcel number: 052064 00016
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- Year built: 1950
Community & HOA
Community
- Subdivision: Summer Avenue
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $40,900
- Annual tax amount: $1,078
- Date on market: 10/22/2025
- Cumulative days on market: 50 days
- Listing terms: Conventional,Other (See Remarks)
- Lease term: 12 Months
- Total actual rent: 1198
- Tenant pays: All Utilities
Estimated market value
$115,200
$108,000 - $121,000
$958/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $122,500-2%$112/sqft |
Source:  MAAR #10208258 Report a problem | ||
| 10/22/2025 | Listed for sale | $125,000+5%$114/sqft |
Source: MAAR #10208258 Report a problem | ||
| 5/21/2025 | Listing removed | $119,000$109/sqft |
Source: MAAR #10195914 Report a problem | ||
| 5/5/2025 | Listed for sale | $119,000+9.2%$109/sqft |
Source: MAAR #10195914 Report a problem | ||
| 4/30/2025 | Listing removed | $599$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,077 +8.1% | $16,360 |
| 2023 | $997 | $16,360 |
| 2022 | -- | $16,360 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$607/mo
Principal & interest
$475
Property taxes
$89
Home insurance
$43
Climate risks
Neighborhood: Berclair-Highland Heights
Nearby schools
GreatSchools rating
- 6/10William Herbert Brewster Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NALester Elementary SchoolGrades: 7-8Distance: 0.8 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 1.8 mi
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