$130,000

157 Cedar Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated payment $721/month

Total Views 4,032
3 Beds
2 Baths
1,000-1,199 Sq Ft
$108 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Separate Formal Living Room
  • Dining Room
  • 3-minute walk to Booker T. Washington Park

About This Home

Great investment opportunity in Memphis! 157 Cedar Ave is a solid 3-bedroom, 2-bath home that is currently being used as a short-term rental. The property sits on a quiet street and offers a functional layout, a spacious lot, and strong rental potential. All furniture can be included at no additional cost if the buyer chooses to keep it, making this a flexible and turnkey investment option. Whether you're looking to expand your portfolio or begin your real estate investing journey, this home is a smart buy. Don’t miss your chance to unlock the value in this affordable, income-generating property. This could be your next big opportunity—or your new home!

Listing Agent

Jeffery Sample

eXp Realty, LLC License #357739 Listed on: 07/27/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 2004

Lot Details

  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,199 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Cedar St S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-2021-0-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CEDAR ST S/D
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1199
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 59&60
  • Lot Size: 0.118
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 02-2021-0-0004

Map

Range of Values:

Collateral Analytics

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ICE

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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 $424 $31,325 $1,625 $29,700
2024 $424 $12,500 $550 $11,950
2023 $761 $12,500 $550 $11,950
2022 $761 $12,500 $550 $11,950
2021 $770 $12,500 $550 $11,950
2020 $716 $9,875 $550 $9,325
2019 $316 $9,875 $550 $9,325
2018 $316 $9,875 $550 $9,325
2017 $323 $9,875 $550 $9,325
2016 $440 $10,075 $0 $0
2014 $440 $10,075 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2025 07/27/25 For Sale $130,000 +13.0% $130 / Sq Ft
08/01/2022 08/01/22 Sold $115,000 -6.5% $115 / Sq Ft View Prior Sale
06/24/2022 06/24/22 Pending -- -- --
05/29/2022 05/29/22 For Sale $123,000 +251.4% $123 / Sq Ft
05/18/2017 05/18/17 Sold $35,000 -22.2% $35 / Sq Ft View Prior Sale
05/08/2017 05/08/17 Pending -- -- --
02/12/2014 02/12/14 For Sale $45,000 -- $45 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Home Surety Title & Escrow
Warranty Deed $35,000 Realty Title
Warranty Deed $1,189,189 --
Quit Claim Deed -- --
Quit Claim Deed $2,025 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,400 Purchase Money Mortgage
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10202184

Memphis Area Association of REALTORS®

APN: 02-2021-0-0004

Tennessee Shelby County Memphis 38107 North Memphis

157 Cedar Ave, Memphis, TN

For Sale

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Listing Agent
Jeffery Sample
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eXp Realty, LLC
(901) 445-8032