125 E Mckellar Ave Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $661/month
Highlights
- Traditional Architecture
- Porch
- Central Heating and Cooling System
- Wood Flooring
- Living Room
- Storm Doors
About This Home
Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. Portfolio Option: Purchase all three properties together for a total price of $315,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. Showings available after an accepted offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 57x150
- Chain Link Fence
Parking
- Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,423 Sq Ft Home
- 1-Story Property
- Window Treatments
- Living Room
- Storm Doors
- Washer and Dryer Hookup
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- New South Memphis Blk 18 Subdivision
Listing and Financial Details
- Assessor Parcel Number 050067 00009C
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $18,525 | $2,000 | $16,525 |
| 2024 | $385 | $11,350 | $1,000 | $10,350 |
| 2023 | $691 | $11,350 | $1,000 | $10,350 |
| 2022 | $691 | $11,350 | $1,000 | $10,350 |
| 2021 | $308 | $11,350 | $1,000 | $10,350 |
| 2020 | $790 | $10,900 | $1,000 | $9,900 |
| 2019 | $348 | $10,900 | $1,000 | $9,900 |
| 2018 | $348 | $10,900 | $1,000 | $9,900 |
| 2017 | $357 | $10,900 | $1,000 | $9,900 |
| 2016 | $362 | $8,275 | $0 | $0 |
| 2014 | $362 | $8,275 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $120,000 | +140.0% | $84 / Sq Ft | |
| 08/21/2024 08/21/24 | Sold | $50,000 | -28.6% | $36 / Sq Ft | View Prior Sale |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 07/11/2024 07/11/24 | Price Changed | $70,000 | -2.8% | $50 / Sq Ft | |
| 06/11/2024 06/11/24 | For Sale | $72,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | Titan Title Company | |
| Warranty Deed | $50,000 | Titan Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10210967
APN: 05-0067-0-0009C
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