$154,950

1278 Edith Ave Memphis, TN 38106

Annesdale Neighborhood

Estimated payment $837/month

Total Views 217
4 Beds
2 Baths
1,325 Sq Ft
$117 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Vinyl Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

Cash flowing rental property (duplex) for sale. Brick exterior and updated in many ways. Roof is about 3 years old. Other recent improvements: windows, new plumbing, updated electrical, 2 new water tanks, new HVAC, paint LVP flooring and more. Both side of this duplex are currently rented at $730 and $700 ($1430 total) so this is not quite a 1% rule but it is very close. This is a situation where showings can only be arranged after an accepted offer (contingent upon inspection or walk through.) Property is walking distance to shopping and transit. Tenants pay all utilities. Appliances stay with the property.

Listing Agent

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115 Listed on: 11/17/2025

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $254

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Walk Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026073 00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$254

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1276
  • MAAR Subdivision Name: WALK BLK C
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1325
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 9
  • Acreage: 0.17
  • Lot Size: 50X150
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 026073 00018

Multi Family

  • Perc Occ: 100

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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 $254 $33,920 $3,200 $30,720
2024 -- $7,480 $2,400 $5,080
2023 $456 $7,480 $2,400 $5,080
2022 $254 $7,480 $2,400 $5,080
2021 $542 $7,480 $2,400 $5,080
2020 $725 $10,000 $2,400 $7,600
2019 $320 $10,000 $2,400 $7,600
2018 $320 $10,000 $2,400 $7,600
2017 $327 $10,000 $2,400 $7,600
2016 $451 $10,320 $0 $0
2014 $451 $10,320 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $154,950 +47.6% $117 / Sq Ft
08/16/2023 08/16/23 Sold $105,000 -4.5% $79 / Sq Ft View Prior Sale
06/25/2023 06/25/23 Price Changed $110,000 +10.0% $83 / Sq Ft
06/23/2023 06/23/23 Price Changed $100,000 -21.8% $75 / Sq Ft
06/09/2023 06/09/23 Price Changed $127,900 -1.5% $97 / Sq Ft
05/05/2023 05/05/23 For Sale $129,900 +8.3% $98 / Sq Ft
12/12/2022 12/12/22 Sold $120,000 -7.6% $91 / Sq Ft View Prior Sale
11/13/2022 11/13/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $129,900 -0.1% $98 / Sq Ft
10/26/2022 10/26/22 For Sale $130,000 -- $98 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Executive Title & Closing
Warranty Deed $120,000 Executive Title & Closing
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $13,903 Gallagher Gregory S
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $13,903 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,750 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10209924

Memphis Area Association of REALTORS®

APN: 02-6073-0-0018

Tennessee Shelby County Memphis 38106 Annesdale

1278 Edith Ave, Memphis, TN

For Sale

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
James Anson Underwood
Listing Agent
James Anson Underwood
Section Image
Crye-Leike, Inc., REALTORS
(901) 459-2985