NOT LISTED FOR SALE

1042 Merriwether Ave Memphis, TN 38105

Crosstown Neighborhood
28 Beds
-- Bath
7,434 Sq Ft
1960 Built

Last Sold January 10, 2022

Last sale price $800,000 $108 Per Sq Ft

49 Days on Market

About This Home

As of January 2022

Proud to announce this 14 unit complex, located in the midtown/medical district area! Already stable but has the potential to be a VALUE ADD as well. The location is stellar and it’s a rare opportunity to be able to purchase a 14 unit all 2 bedrooms!!!! Recently painted on the all of the exterior! Several units rehabbed inside with luxury vinyl hardwood look alike flooring! Showing after accepted offer contingent upon walk thru with POF.

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 09/17/2021

Last Buyer's Agent

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 09/17/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 7,434 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Free-Standing Range

Flooring

  • Partially Carpeted
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities, heating, gas, electric
  • Assessor Parcel Number 020089 00038

Community Details

Overview

  • 14 Units
  • Harvey Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 741E
  • MAAR Subdivision Name: HARVEY
  • Freestanding: Yes
  • List Price Per Sq Ft: 113
  • Number Of Stories: 2
  • Estimated Sq Ft: 7434
  • Year Built: 1960
  • Construction: Aluminum/Steel Siding, Brick
  • List Price Per Unit: 59992.86
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Floors/Ceilings: Tile, Vinyl Floor, Partial Carpet, Wood Laminate Floors
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Central

Lot Info

  • Lot Number: 5
  • Lot Size: 21083

Rental Info

  • Actual Annual Rent: 101400
  • Tenant Pays: Some Utilities, Heating, Gas, Electric
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 020089 00038

Multi Family

  • Perc Occ: 93
  • Total Number Of Units: 14
  • Number2 Bedroom Units: 14
  • Type of Unit: 2 BR - 1 Bath

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $800,000 -4.8% $108 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $839,900 0.0% $113 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $839,900 +42.4% $113 / Sq Ft
08/12/2020 08/12/20 Sold $590,000 -4.1% $79 / Sq Ft
06/02/2020 06/02/20 For Sale $615,000 +38.8% $83 / Sq Ft
06/11/2018 06/11/18 Sold $443,000 -9.3% $60 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
12/02/2017 12/02/17 For Sale $488,600 -- $66 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Felecia Magro

    Seller's Agent in 2022

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    2 in this area

    87 Total Sales

    Felecia Magro
    Section Image
  • Fiona Yanok

    Seller Co-Listing Agent in 2020

    Fiona Yanok

    The Stamps Real Estate Company

    (901) 305-3485

    3 in this area

    61 Total Sales

    Fiona Yanok
    Section Image
  • Jeffrey Moore

    Seller's Agent in 2018

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    2 in this area

    93 Total Sales

    Jeffrey Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108966

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38105 Crosstown

1042 Merriwether Ave, Memphis, TN

This home is located at 1042 Merriwether Ave, Memphis, TN 38105 since 17 September 2021. This property was built in 1960. 1042 Merriwether Ave is a home located in Shelby County with nearby schools including Bruce Elementary School, Central High School, and Southwest Early College High School.

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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes