$53,204
SOLD JUN 23, 2025
1 Bed
1 Bath
1,322 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

29% Below List Price

139 Days on Market

Highlights

  • Traditional Architecture
  • Storm Doors
  • Level Lot
  • Hot Water Heating System
  • Partially Carpeted
  • 1-Story Property

About This Home

As of June 2025

Calling all investors! Here is a duplex that could easily be 2% rent ratio when fully occupied. Could be purchased individually or as a package with1531/1533 Standridge, 1810/1812 Kerr, 1477/1479 Oriole, 1535/1537 Standridge, 2217/2219 Clayton, 1143/1145 Springdale, and 2253/2255 Marble.

Last Agent to Sell the Property

Donnie Morrow

eXp Realty, LLC License #327348 Listed on: 12/04/2024

eXp Realty, LLC

Last Buyer's Agent

Michael Baker

eXp Realty, LLC License #356543

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1954

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Single Family Detached Home
  • Traditional Architecture

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Storm Doors

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • Norwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042013 00027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$313

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1463
  • MLS Map #: 742B
  • MAAR Subdivision Name: NORWOOD
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.25
  • Estimated Sq Ft: 1322
  • Year Built: 1954
  • List Price/ Sq Ft: 49
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Exterior Features

  • Exterior Windows: Brick Veneer, Storm Door(s)

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: 1 Window Unit per Unit
  • Heating: Wall Heat
  • Hot Water: Individual System

Lot Info

  • Lot Description: Level
  • Lot Number: 525
  • Acreage: 0.11
  • Lot Size: 4,800
  • Price Per Acre: 590909
  • Geo Subdivision: TN

Rental Info

  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 042013 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jun 20, 2025
Sold by
Donnelly Investment Group Llc
Bought by
D & H Enterprises Ink Tn Llc
Seller's Agent
Donnie Morrow
eXp Realty, LLC
Buyer's Agent
Michael Baker
eXp Realty, LLC
List Price
$75,000
Sold Price
$53,204
Premium/Discount to List
-$21,796
-29.06%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
221.87%
Original Mortgage
$857,030
Outstanding Balance
$787,829
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
-$721,393

Purchase Details

Listed on
Feb 17, 2022
Closed on
Jul 18, 2022
Sold by
Wolfe Aaron J and Wolfe Gigi H
Bought by
Kerr Properties Team Llc
Seller's Agent
Jeffrey Moore
Crye-Leike Commercial
Buyer's Agent
Jessica Sewell
Prime Real Estate Group
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.95%
Original Mortgage
$280,000
Interest Rate
7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 16, 2009
Sold by
Guinle Michael
Bought by
Olson Matthew J and Olson Elizabeth N
Source: Public Records

Similar Homes in Memphis, TN

  • 3223 Guernsey Ave, Memphis, TN 38112

    $60,000

    • 2 Beds
    • 1 Bath
    • 1,640 Sq Ft
    • 3223 Guernsey Ave
    • Memphis, TN

    Looking for a DIY project? Look no further. FULL RENOVATION NEEDED! Duplex sitting on a corner lot.

    Christopher Lucas Regency Realty, LLC

    Section Image
  • 2161 Howell Ave, Memphis, TN 38108

    $67,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 2161 Howell Ave
    • Memphis, TN

    Chance for a cashflowing duplex in Memphis - one unit was remodeled in Aug. 2024 prior to the tenant moving in and the other is being finished up this week so it can be ready to roll for the Buyer! Nice, brick building with 2 x 1/1 units with actual off-street parking all makes for a great combo to win long-term with these units. Check out the numbers on this place and see if it can work for

    Randall Weatherall Memphis Metro Realty

    Section Image
  • 1327 S Prescott St, Memphis, TN 38111

    $59,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft
    • 1327 S Prescott St
    • Memphis, TN

    Solid home for investor. Needs some work but not a total rehab. Being sold As-Is. Call listing agent with any questions at 901-828-TONY (8669).

    Tony Love KAIZEN Realty, LLC

    Section Image
  • 3064 Meadowbrook Rd, Memphis, TN 38109

    $51,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 3064 Meadowbrook Rd
    • Memphis, TN

    Looking for your next project? Look no further! This home offers a fresh start for your vision. Stripped down to the studs this home sits on a huge corner lot which is a little over half an acre! Videos available upon request. Home is currently in environmental court, seller is willing to owner finance it with no less than 35,000 down and no more than a 2 year term.

    Arath Luevano Fast Track Realty, LLC

    Section Image
  • 3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115

    $62,500

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 3243 Thirteen Colony Mall
    • Unit 2B
    • Memphis, TN

    Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $925/mo with a $955 security deposit on file. Gated parking. $225 HOA fee. Brick exterior. Lease expires 9/30/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also

    Tyler Tapley Crye-Leike, Inc., REALTORS

    Section Image

Range of Values:

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Saddle Creek Title
Warranty Deed $440,000 Titan Title Company
Warranty Deed $350,000 Commercial Title Group
Warranty Deed $46,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $857,030 Construction
Previous Owner $280,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $53,204 -18.1% $40 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
03/19/2025 03/19/25 Price Changed $65,000 -7.0% $49 / Sq Ft
02/24/2025 02/24/25 Price Changed $69,900 -6.8% $53 / Sq Ft
02/07/2025 02/07/25 For Sale $75,000 0.0% $57 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $75,000 -21.1% $57 / Sq Ft
07/18/2022 07/18/22 Sold $95,000 -4.0% $72 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $99,000 -- $75 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

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 $313 $17,720 $2,000 $15,720
2024 $313 $9,240 $1,520 $7,720
2023 $563 $9,240 $1,520 $7,720
2022 $0 $9,240 $1,520 $7,720
2021 $319 $9,240 $1,520 $7,720
2020 $646 $8,920 $1,520 $7,400
2019 $285 $8,920 $1,520 $7,400
2018 $285 $8,920 $1,520 $7,400
2017 $292 $8,920 $1,520 $7,400
2016 $498 $11,400 $0 $0
2014 $498 $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10186166

Memphis Area Association of REALTORS®

APN: 04-2013-0-0027