1401 Michigan St Memphis, TN 38106
South Memphis NeighborhoodEstimated payment $487/month
Highlights
- Wooded Lot
- Wood Flooring
- Porch
- Traditional Architecture
- Separate Formal Living Room
- Brick Veneer
About This Home
Attention investors! This residential property is now available being sold as-is. This property offer strong value-add potential for fix-and-flip, rental portfolios, or long-term hold strategies. The following properties can be bought at a discounted rate: 1393 Michigan St 1399 Michigan St 1401 Michigan St Buy one or bundle all three for a potential discounted package deal. Highlights: • Sold as-is • Investor friendly • Value-add opportunity • Bundle pricing considered for multiple purchases
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- Wooded Lot
- Few Trees
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 4,225 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Dining Room
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Central Heating
Community Details
- Burke Subdivision
Listing and Financial Details
- Assessor Parcel Number 024052 00037
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 |
|---|---|---|---|---|
| 2026 | $8,340 | $665,337 | $219,730 | $445,607 |
| 2025 | $8,152 | $652,292 | $215,422 | $436,870 |
| 2023 | $8,152 | $626,964 | $207,058 | $419,906 |
| 2022 | $7,791 | $614,672 | $202,999 | $411,673 |
| 2021 | $7,621 | $602,620 | $199,019 | $403,601 |
| 2020 | $6,858 | $545,241 | $179,962 | $365,279 |
| 2019 | $6,666 | $529,360 | $174,720 | $354,640 |
| 2018 | $6,420 | $509,000 | $168,000 | $341,000 |
| 2017 | $6,406 | $507,000 | $167,000 | $340,000 |
| 2016 | $6,378 | $506,000 | $167,000 | $339,000 |
| 2015 | $6,616 | $516,000 | $170,000 | $346,000 |
| 2014 | $6,558 | $510,000 | $168,000 | $342,000 |
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 |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | For Sale | $75,000 | 0.0% | $18 / Sq Ft |
| 06/05/2026 06/05/26 | Pending | -- | -- | -- |
| 06/04/2026 06/04/26 | Price Changed | $75,000 | +25.0% | $18 / Sq Ft |
| 06/04/2026 06/04/26 | Price Changed | $60,000 | 0.0% | $14 / Sq Ft |
| 06/02/2026 06/02/26 | Price Changed | $60,000 | -20.0% | $14 / Sq Ft |
| 05/17/2026 05/17/26 | For Sale | $75,000 | 0.0% | $18 / Sq Ft |
| 05/09/2026 05/09/26 | Pending | -- | -- | -- |
| 03/15/2026 03/15/26 | For Sale | $75,000 | 0.0% | $18 / Sq Ft |
| 04/01/2025 04/01/25 | Rented | -- | -- | -- |
| 04/01/2025 04/01/25 | Under Contract | -- | -- | -- |
| 04/01/2025 04/01/25 | Rented | $1,150 | 0.0% | -- |
| 03/12/2025 03/12/25 | Price Changed | $1,150 | -8.4% | -- |
| 01/21/2025 01/21/25 | Price Changed | $1,255 | +0.4% | -- |
| 01/16/2025 01/16/25 | Price Changed | $1,250 | -3.8% | -- |
| 12/09/2024 12/09/24 | For Rent | -- | -- | -- |
| 12/09/2024 12/09/24 | For Rent | $1,300 | -- | -- |
Source: Memphis Area Association of REALTORS®
MLS Number: 10216833
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.
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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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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