1

Fully Furnished Home for Sale in Memphis, TN

Section Image Section Image
  • 1531 Court Ave, Memphis, TN 38104
    1531 Court Ave, Memphis, TN 38104
    1531 Court Ave, Memphis, TN 38104
    /27

    $375,000

    • 5 Beds
    • 2,580 Sq Ft

    1531 Court Ave, Memphis, TN 38104

    Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 699-4915

    1531 Court Ave, Memphis, TN 38104
Tennessee Shelby County Memphis

Real Estate & Homes for Sale in Memphis, TN

Home Trends in Memphis, TN

On average, homes in Memphis, TN sell after 63 days on the market compared to the national average of 55 days. The median sale price for homes in Memphis, TN over the last 12 months is $205,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$198,170
Median Townhouse Sale Price
$405,000
Median 2 Bedroom Sale Price
$150,000
Median 1 Bedroom Sale Price
$148,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,372
Last 12 months Home Sales
6,682
Months of Supply
4.30
Median List Price
$209,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
8%

Popular Home Searches in Memphis, TN

Memphis buyers often prioritize spacious homes, timeless architecture, and outdoor areas to enjoy the city’s warm climate and laid-back lifestyle.

How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group