$154,900

Estimated payment $856/month

Total Views 1,773
3 Beds
2 Baths
1,341 Sq Ft
$116 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Bungalow
  • 1 Fireplace
  • Porch
  • Outdoor Storage

About This Home

Investor Opportunity! Cash-flowing, tenant-occupied three-bed, two-bath home in Memphis, Tennessee. Recently updated throughout with modern finishes, newer flooring, and refreshed paint. Spacious living area, functional kitchen with updated appliances, and comfortable bedrooms Perfect for investors seeking turnkey rental income. TENANT RIGHTS! Property is tenant occupied- please do not disturb tenants. Property will only be shown with accepted offer.

Listing Agent

Scott Tomlinson

eXp Realty License #380568 Listed on: 11/07/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x177
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Property Attached

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Luxury Vinyl Tile Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • E O Bailey 3Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031027 00028

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Bungalow
  • Attached Unit Type: Ground Level-Single Story
  • MAAR Subdivision Name: E O BAILEY
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1341
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 5
  • Acreage: 0.2
  • Lot Size: 50X177
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 031027 00028

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 -- $21,525 $7,575 $13,950
2024 $488 $14,400 $1,750 $12,650
2023 $877 $14,400 $1,750 $12,650
2022 $877 $14,400 $1,750 $12,650
2021 $497 $14,400 $1,750 $12,650
2020 $815 $11,250 $1,750 $9,500
2019 $360 $11,250 $1,750 $9,500
2018 $360 $11,250 $1,750 $9,500
2017 $368 $11,250 $1,750 $9,500
2016 $469 $10,725 $0 $0
2014 $469 $10,725 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 For Sale $154,900 +287.3% $116 / Sq Ft
10/16/2024 10/16/24 Price Changed $40,000 0.0% $33 / Sq Ft
10/16/2024 10/16/24 For Sale $40,000 0.0% $33 / Sq Ft
10/15/2024 10/15/24 Sold $40,000 -33.2% $33 / Sq Ft View Prior Sale
10/03/2024 10/03/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $59,900 -7.8% $50 / Sq Ft
05/31/2024 05/31/24 For Sale $65,000 0.0% $54 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $65,000 -- $54 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 Preferred Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10209346

Memphis Area Association of REALTORS®

APN: 03-1027-0-0028