1954 Manila Ave Memphis, TN 38114
Cooper-Young NeighborhoodEstimated payment $2,993/month
Highlights
- The property is located in a historic district
- Ceiling height of 9 feet or more
- Partially Fenced Property
- Landscaped Professionally
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
Looking for your chance to own a fantastic investment property in Memphis? Wonderful renovated triplex has been a successful Air BnB and short term rental! You could also turn into long term rentals and/or owner occupant/house hacking! Two units have 2BD/1BA with full kitchen, living room and dining area. One unit is 1BD/1BA with full kitchen, living room and dining area. Furnishings are available for purchase to make this truly turn key!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x128
- Partially Fenced Property
- Landscaped Professionally
Home Design
- Converted Dwelling
- Shingle Roof
- Wood Composite
Interior Spaces
- 2,884 Sq Ft Home
- 1.5-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling height of 9 feet or more
- Vinyl Flooring
- Crawl Space
- Built-In Range
Laundry
- Dryer
- Washer
Parking
- Parking Available
- Paved Parking
- Off-Site Parking
Additional Features
- The property is located in a historic district
- Central Heating and Cooling System
Community Details
- 3 Units
- Mclaughlin Subdivision
Listing and Financial Details
- Assessor Parcel Number 031116 00033
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 | $4,435 | $197,240 | $20,480 | $176,760 |
| 2024 | $4,435 | $130,840 | $17,280 | $113,560 |
| 2023 | $7,970 | $130,840 | $17,280 | $113,560 |
| 2022 | $7,970 | $130,840 | $17,280 | $113,560 |
| 2021 | $2,821 | $81,775 | $10,800 | $70,975 |
| 2020 | $3,918 | $54,075 | $9,725 | $44,350 |
| 2019 | $1,728 | $54,075 | $9,725 | $44,350 |
| 2018 | $1,728 | $54,075 | $9,725 | $44,350 |
| 2017 | $1,769 | $54,075 | $9,725 | $44,350 |
| 2016 | $2,343 | $53,625 | $0 | $0 |
| 2014 | $2,343 | $53,625 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $499,000 | -3.1% | $173 / Sq Ft | |
| 08/01/2025 08/01/25 | For Sale | $515,000 | +8.4% | $179 / Sq Ft | |
| 05/04/2022 05/04/22 | Sold | $475,000 | -2.1% | $165 / Sq Ft | View Prior Sale |
| 04/04/2022 04/04/22 | Price Changed | $485,000 | +2.1% | $168 / Sq Ft | |
| 03/31/2022 03/31/22 | For Sale | $475,000 | +503.6% | $165 / Sq Ft | |
| 06/19/2015 06/19/15 | Sold | $78,700 | +67.8% | $28 / Sq Ft | View Prior Sale |
| 05/22/2015 05/22/15 | Pending | -- | -- | -- | |
| 05/08/2015 05/08/15 | For Sale | $46,900 | -- | $17 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $110,000 | John D Smith Pllc | |
| Warranty Deed | $280,000 | Closetrak | |
| Warranty Deed | $91,500 | Saddle Creek Title Llc | |
| Special Warranty Deed | $78,700 | None Available | |
| Trustee Deed | $109,650 | None Available | |
| Warranty Deed | $107,000 | -- | |
| Special Warranty Deed | $81,000 | First National Financial Tit | |
| Warranty Deed | $99,900 | Equity Title & Escrow Co | |
| Trustee Deed | $88,593 | -- | |
| Warranty Deed | $79,900 | -- | |
| Warranty Deed | $8,000 | -- | |
| Trustee Deed | $60,103 | -- | |
| Interfamily Deed Transfer | -- | Memphis Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $72,900 | No Value Available | |
| Previous Owner | $84,915 | No Value Available | |
| Previous Owner | $78,124 | FHA | |
| Closed | $9,990 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10202631
APN: 03-1116-0-0033
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