PENDING
$15K PRICE DROP
1546 Marjorie St Memphis, TN 38106
South Memphis NeighborhoodEstimated payment $410/month
Total Views
5,265
4
Beds
2
Baths
2,200-2,399
Sq Ft
$29
Price per Sq Ft
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Porch
- 1 Fireplace
- Some Wood Windows
- Tile Flooring
About This Home
Spacious Income-Producing Property in South Memphis! Investor's dream! This 4-bedroom, 2-bath home offers over 2,000 sq. ft. of living space with a formal living room and dining room—ideal for comfortable living and entertaining. Currently tenant-occupied with a solid lease in place through May 2026 at $1,050/month, this property is a great addition to any rental portfolio. Conveniently located near major interstates, community centers, and the popular Pine Hill Pool, this South Memphis gem provides both stability and long-term value. Don’t miss out on this cash-flowing opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $364
Year Built
- Built in 1930
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 55x130
- Few Trees
Home Design
- Traditional Architecture
Interior Spaces
- 2,200-2,399 Sq Ft Home
- 2,246 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Some Wood Windows
- Separate Formal Living Room
- Dining Room
- Iron Doors
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Driveway
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Barton & Lamb Blk 5 Subdivision
Listing and Financial Details
- Assessor Parcel Number 034053 00029
Map
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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 | $364 | $15,175 | $1,500 | $13,675 |
| 2024 | $364 | $10,725 | $1,000 | $9,725 |
| 2023 | $653 | $10,725 | $1,000 | $9,725 |
| 2022 | $653 | $10,725 | $1,000 | $9,725 |
| 2021 | $661 | $10,725 | $1,000 | $9,725 |
| 2020 | $817 | $11,275 | $1,000 | $10,275 |
| 2019 | $817 | $11,275 | $1,000 | $10,275 |
| 2018 | $817 | $11,275 | $1,000 | $10,275 |
| 2017 | $463 | $11,275 | $1,000 | $10,275 |
| 2016 | $488 | $11,175 | $0 | $0 |
| 2014 | $488 | $11,175 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | Price Changed | $69,900 | -17.8% | $32 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $85,000 | +214.8% | $39 / Sq Ft |
| 04/27/2012 04/27/12 | Sold | $27,000 | -22.6% | $12 / Sq Ft |
| 04/03/2012 04/03/12 | Pending | -- | -- | -- |
| 01/16/2012 01/16/12 | For Sale | $34,900 | -- | $16 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $236,900 | Title & Escrow Svcs Of Memph | |
| Warranty Deed | $27,000 | Preferred Title & Escrow Llc | |
| Special Warranty Deed | $11,200 | None Available | |
| Special Warranty Deed | $58,106 | None Available | |
| Trustee Deed | $43,000 | None Available | |
| Special Warranty Deed | $19,900 | Jack Case Wilson Title Assoc | |
| Trustee Deed | $57,600 | -- | |
| Corporate Deed | $65,000 | Equity Title & Escrow Co | |
| Trustee Deed | $65,101 | -- | |
| Warranty Deed | $60,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,785 | Purchase Money Mortgage | |
| Previous Owner | $55,250 | No Value Available | |
| Previous Owner | $59,969 | FHA | |
| Closed | $3,250 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10199922
APN: 03-4053-0-0029
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