2061 Pendleton St Memphis, TN 38114
Southeast Memphis NeighborhoodEstimated payment $395/month
Highlights
- Traditional Architecture
- Some Wood Windows
- Tile Flooring
- Separate Formal Living Room
- Porch
- Central Heating and Cooling System
About This Home
?? 2061 Pendleton St, Memphis, TN $71,400 Turnkey Rental | Cash-Flowing Investment Solid buy-and-hold opportunity in Memphis with income in place. This 2 bedroom, 1 bathroom property is tenant-occupied and currently renting for $885 per month, providing immediate cash flow from day one. ? Performing tenant in place ? Stable rental history ? Low-maintenance asset ? Strong Memphis rental demand ? Ideal for long-term hold or portfolio addition Located in an established neighborhood with convenient access to major roads, shopping, and employment centers. Do not disturb tenant. Showings upon accepted offer only.
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 53x122
- Few Trees
Home Design
- Traditional Architecture
Interior Spaces
- 792 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Separate Formal Living Room
- Storm Doors
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Lamar Haven Subdivision
Listing and Financial Details
- Assessor Parcel Number 047084 00010
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 | $25,000 | $2,450 | $22,550 |
| 2024 | $333 | $9,825 | $1,000 | $8,825 |
| 2023 | $599 | $9,825 | $1,000 | $8,825 |
| 2022 | $599 | $9,825 | $1,000 | $8,825 |
| 2021 | $606 | $9,825 | $1,000 | $8,825 |
| 2020 | $402 | $5,550 | $1,000 | $4,550 |
| 2019 | $402 | $5,550 | $1,000 | $4,550 |
| 2018 | $402 | $5,550 | $1,000 | $4,550 |
| 2017 | $228 | $5,550 | $1,000 | $4,550 |
| 2016 | $257 | $5,875 | $0 | $0 |
| 2014 | $257 | $5,875 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | Pending | -- | -- | -- | |
| 12/09/2025 12/09/25 | For Sale | $71,400 | +7.4% | $90 / Sq Ft | |
| 06/04/2024 06/04/24 | Sold | $66,500 | -5.0% | $665 / Sq Ft | View Prior Sale |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- | |
| 04/11/2024 04/11/24 | For Sale | $70,000 | -6.7% | $700 / Sq Ft | |
| 11/15/2023 11/15/23 | Sold | $75,000 | -4.5% | $750 / Sq Ft | View Prior Sale |
| 11/10/2023 11/10/23 | Pending | -- | -- | -- | |
| 06/24/2023 06/24/23 | For Sale | $78,500 | -- | $785 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $66,500 | Titan Title Company | |
| Warranty Deed | $75,000 | Tri State Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $46,550 | New Conventional |
About the Listing Agent
Austin's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10211030
APN: 04-7084-0-0010
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Ask me questions while you tour the home.