1044 Delmar Ave Memphis, TN 38105
Crosstown NeighborhoodEstimated payment $7,575/month
Highlights
- The property is located in a historic district
- Security Gate
- Property is Fully Fenced
- 1.18 Acre Lot
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 7% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments. Seller financing will be considered.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 1.18 Acre Lot
- Lot Dimensions are 245 x 210
- Property is Fully Fenced
Parking
- Paved Parking
Home Design
- Garden Home
- Composition Roof
- Wood Composite
Additional Features
- Vinyl Flooring
- Crawl Space
- The property is located in a historic district
- Central Heating and Cooling System
Community Details
- 17 Buildings
- 23 Units
- Harvey Subdivision
Listing and Financial Details
- Assessor Parcel Number 020088 00016
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,045 | $559,280 | $51,000 | $508,280 |
| 2024 | $4,506 | $132,920 | $2,400 | $130,520 |
| 2023 | $8,097 | $132,920 | $2,400 | $130,520 |
| 2022 | $8,097 | $132,920 | $2,400 | $130,520 |
| 2021 | $8,192 | $132,920 | $2,400 | $130,520 |
| 2020 | $8,324 | $114,880 | $2,400 | $112,480 |
| 2019 | $3,672 | $114,880 | $2,400 | $112,480 |
| 2018 | $3,672 | $114,880 | $2,400 | $112,480 |
| 2017 | $2,899 | $88,600 | $1,950 | $86,650 |
| 2016 | $3,999 | $91,510 | $0 | $0 |
| 2014 | $3,999 | $91,510 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | Price Changed | $1,150,000 | -4.2% | -- |
| 07/30/2026 07/30/26 | Price Changed | $1,200,000 | -2.0% | -- |
| 04/10/2026 04/10/26 | Price Changed | $1,225,000 | -2.0% | -- |
| 03/31/2026 03/31/26 | For Sale | $1,250,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | Closetrak | |
| Warranty Deed | $400,000 | None Available | |
| Warranty Deed | $130,000 | Mid South Title Services Llc | |
| Warranty Deed | $8,700 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $570,000 | Commercial | |
| Previous Owner | $280,000 | Commercial |
Source: Memphis Area Association of REALTORS®
MLS Number: 10218077
APN: 02-0088-0-0016
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Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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