$120,000
PENDING

Estimated payment $738/month

Total Views 219
4 Beds
4 Baths
2,098 Sq Ft
$57 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Wood Fence

About This Home

Investors only! This brick Duplex is already fully rented, 100% occupied. The addresses are 1623 and 1625 Galveston. The units are both 2BED, 1.5BATH each. 1623 is rented for $875 per month and 1625 is rented for $725 per month. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1580/1582 Marjorie ($100k), and 2250 Oldfield ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers).

Listing Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 08/20/2025

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x139
  • Wood Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Cherokee Heights 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059037 A00198

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 1625
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 2098
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Tile

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Display: N0
  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 194
  • Acreage: 0.18
  • Lot Size: 60X139
  • Price Per Acre: 666667
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 059037 A00198

Map

Range of Values:

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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 $1,006 $51,080 $7,000 $44,080
2024 $1,006 $29,680 $3,800 $25,880
2023 $1,808 $29,680 $3,800 $25,880
2022 $1,808 $29,680 $3,800 $25,880
2021 $1,024 $29,680 $3,800 $25,880
2020 $1,884 $26,000 $3,800 $22,200
2019 $831 $26,000 $3,800 $22,200
2018 $831 $26,000 $3,800 $22,200
2017 $851 $26,000 $3,800 $22,200
2016 $1,031 $23,600 $0 $0
2014 $1,031 $23,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
08/20/2025 08/20/25 For Sale $120,000 -- $57 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 Memphis Title
Warranty Deed $86,988 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $718,000 New Conventional
Previous Owner $65,263 Purchase Money Mortgage
Source: Public Records

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Source: Memphis Area Association of REALTORS®

MLS Number: 10203938

Memphis Area Association of REALTORS®

APN: 05-9037-A0-0198