188 Charter Ave Memphis, TN 38109
Whitehaven NeighborhoodEstimated payment $325/month
Highlights
- Traditional Architecture
- Some Wood Windows
- Central Air
- Separate Formal Living Room
- Patio
- Wood Fence
About This Home
Investor Special with Strong Cash Flow Potential – 188 Charter Avenue, Memphis This 3-bedroom, 1-bath property is a prime opportunity for investors looking to generate consistent rental income and build long-term wealth. While it is conviently located in an established Memphis neighborhood, this home is well-positioned to perform as a cash-flowing asset with the right updates. Whether you’re expanding your portfolio or entering the Memphis market, this is a strategic investment opportunity you don’t want to overlook. Property is being sold as-is. Cash or conventional financing preferred. Secure your next income-producing property and take advantage of the upside this home has to offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1971
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 50x190
- Wood Fence
- Chain Link Fence
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 907 Sq Ft Home
- 1-Story Property
- Popcorn or blown ceiling
- Some Wood Windows
- Separate Formal Living Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Gas
Community Details
- Acklena Land Company Subdivision
Listing and Financial Details
- Assessor Parcel Number 075190 00009
Map
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 | $333 | $12,950 | $1,750 | $11,200 |
| 2024 | $333 | $9,825 | $1,125 | $8,700 |
| 2023 | $599 | $9,825 | $1,125 | $8,700 |
| 2022 | $599 | $9,825 | $1,125 | $8,700 |
| 2021 | $711 | $9,825 | $1,125 | $8,700 |
| 2020 | $576 | $7,950 | $1,125 | $6,825 |
| 2019 | $254 | $7,950 | $1,125 | $6,825 |
| 2018 | $254 | $7,950 | $1,125 | $6,825 |
| 2017 | $260 | $7,950 | $1,125 | $6,825 |
| 2016 | $356 | $8,150 | $0 | $0 |
| 2014 | $356 | $8,150 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | Price Changed | $56,000 | -5.9% | $62 / Sq Ft |
| 04/15/2026 04/15/26 | Price Changed | $59,500 | -8.5% | $66 / Sq Ft |
| 03/30/2026 03/30/26 | For Sale | $65,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Baymark Title & Escrow Svcs | |
| Quit Claim Deed | $3,500 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $15,525 | None Available | |
| Special Warranty Deed | $10,792 | None Available | |
| Quit Claim Deed | $1,500 | None Available | |
| Trustee Deed | $32,400 | None Available | |
| Trustee Deed | $9,729 | -- | |
| Trustee Deed | $9,729 | -- |
Source: Memphis Area Association of REALTORS®
MLS Number: 10217979
APN: 07-5190-0-0009
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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