132 Majuba Ave Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $564/month
Highlights
- Traditional Architecture
- Tile Flooring
- Storm Doors
- Porch
- Central Heating and Cooling System
- 3-minute walk to Riverview Park
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 $275,000. This package provides flexibility for renovations, strong rental potential, and an excellent opportunity to build or expand your investment portfolio. photo digitally edited to remove items from front yard. Items in front yard will be removed. Showings available after an accepted offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Vinyl Siding
- Pier And Beam
Interior Spaces
- 1,333 Sq Ft Home
- 1-Story Property
- Storm Doors
- Washer and Dryer Hookup
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Spion Kop Blk 7 Subdivision
Listing and Financial Details
- Assessor Parcel Number 035046 00018
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 | $272 | $20,825 | $1,250 | $19,575 |
| 2024 | $272 | $8,025 | $875 | $7,150 |
| 2023 | $489 | $8,025 | $875 | $7,150 |
| 2022 | $489 | $8,025 | $875 | $7,150 |
| 2021 | $581 | $8,025 | $875 | $7,150 |
| 2020 | $209 | $6,550 | $875 | $5,675 |
| 2019 | $209 | $6,550 | $875 | $5,675 |
| 2018 | $209 | $6,550 | $875 | $5,675 |
| 2017 | $214 | $6,550 | $875 | $5,675 |
| 2016 | $299 | $6,850 | $0 | $0 |
| 2014 | $299 | $6,850 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2026 02/10/26 | Price Changed | $105,000 | -8.7% | $79 / Sq Ft | |
| 12/08/2025 12/08/25 | For Sale | $115,000 | +1252.9% | $86 / Sq Ft | |
| 08/15/2020 08/15/20 | Sold | $8,500 | -5.6% | $7 / Sq Ft | View Prior Sale |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- | |
| 04/16/2020 04/16/20 | For Sale | $9,000 | -- | $8 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $95,000 | Saddle Creek Title | |
| Warranty Deed | $45,000 | Saddle Creek Title | |
| Warranty Deed | $76,000 | Saddle Creek Title | |
| Warranty Deed | $18,000 | Saddle Creek Title Llc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $7,500 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $9,500 | C & T Title & Escrow | |
| Trustee Deed | $990,000 | None Available | |
| Warranty Deed | $60,000 | Accurate Title & Escrow Inc | |
| Corporate Deed | $14,000 | -- | |
| Trustee Deed | $58,900 | -- | |
| Warranty Deed | $53,000 | Chicago Title Insurance Co | |
| Trustee Deed | $50,201 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $42,900 | -- | |
| Warranty Deed | $42,900 | -- | |
| Warranty Deed | $8,500 | -- | |
| Warranty Deed | $8,500 | -- | |
| Trustee Deed | $29,500 | -- | |
| Trustee Deed | $29,500 | -- | |
| Deed | $5,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $40,000 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $53,000 | Purchase Money Mortgage | |
| Previous Owner | $42,598 | FHA | |
| Previous Owner | $30,000 | No Value Available | |
| Closed | $3,000 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10210965
APN: 03-5046-0-0018
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