$400,000
SOLD APR 19, 2024

2381 Forrest Ave Memphis, TN 38112

Binghampton Neighborhood
4 Beds
-- Bath
4,054 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

8% Below List Price

94 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Community Storage Space

About This Home

As of April 2024

Experience luxury living in this charming quadruplex property. The Four 1 bed/1 bath units measures 1013 Sq Ft, providing ample space and comfort with a total of 4,054 Sq Ft. This property offers a unique investment opportunity, with 3 units available for short-term rental and 1 occupied by a long-term tenant for steady income. For security, the property features Ultraloq Smart Locks are on all entrances. Don't miss out on this opportunity.

Last Agent to Sell the Property

Jonathan Minerick

homecoin.com License #357494 Listed on: 12/02/2023

Last Buyer's Agent

Thomas Zettergren

Premier Realty Group, LLC License #350202

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132.5
  • Property fronts a highway

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 4,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space

Kitchen

  • <<builtInRangeToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Mini Split Heat Pump
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cleaning fees
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Weekly Lease Term
  • Assessor Parcel Number 033001 00043

Community Details

Overview

  • 4 Units
  • Misses Hanson Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Apartment

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • Mobile Homes Amenities: TV - Owned
  • MLS Map #: 744I
  • MAAR Subdivision Name: MISSES HANSON
  • Number Of Stories: 2
  • Price Per Sq Ft: 2666666.67
  • Estimated Sq Ft: 4054
  • Year Built: 1922
  • Construction: Brick
  • List Price/ Sq Ft: 102
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Dishwasher, Exhaust Fan/Vent Hood, Microwave

Exterior Features

  • Foundation: Conventional/Crawl Space
  • Roof: Tile
  • Miscellaneous Exterior: Highway Frontage, Ceiling Fan(s)

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Gas
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Individual Systems
  • Laundry: Washer in Unit, Dryer in Unit

Association/Amenities

  • Amenities: Cable T.V., Security System, Extra Storage, Pet Restrictions

Lot Info

  • Lot Number: 9
  • Acreage: 0.15
  • Lot Size: 50X132.5
  • Price Per Acre: 2766667
  • Improved Sq Ft: 4500
  • Land Sq Ft: 6534

Rental Info

  • Actual Annual Rent: 70000
  • Leaseable Sq Ft: 4054
  • Tenant Pays: Cleaning Fees
  • Type Of Leases: Daily, Weekly, Monthly, 6 Month

Tax Info

  • Assessor Parcel Number: 033001 00043

Multi Family

  • Perc Occ: 70
  • Total Number Of Units: 4
  • Number1 Bedroom Units: 4
  • Type of Unit: 1 BR - 1 Bath

Similar Homes in Memphis, TN

  • 5255 Dee Rd, Memphis, TN 38117

    $399,901

    • 4 Beds
    • 3 Baths
    • 2,400+ Sq Ft
    • 5255 Dee Rd
    • Memphis, TN

    Discover this stunning, fully remodeled home just steps from Sea Isle Park! Freshly painted siding and shutters give it unbeatable curb appeal. Inside, enjoy brand-new flooring throughout, a modern kitchen with updated countertops, and sleek new appliances. The bright, open layout is perfect for entertaining. Step out back to a rebuilt, oversized patio deck overlooking a spacious yard—ideal for

    Dylan Johnson 901, REALTORS

    Section Image
  • 2065 Peabody Ave, Memphis, TN 38104

    $355,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft
    • 2065 Peabody Ave
    • Memphis, TN

    Welcome to 2065 Peabody Ave, a beautiful 3-bedroom, 2.5-bath home in the heart of Midtown Memphis. This home offers a unique blend of classic charm and modern comfort, with an open floor plan, tall smooth ceilings, and plenty of natural light. The kitchen features wood cabinetry, stainless steel appliances, granite countertops, and a stylish backsplash. The spacious living and dining areas are

    Kathy Kemburu Pinnacle Realty

    Section Image
  • 1622 Tutwiler Ave, Memphis, TN 38107

    $365,000

    • 5 Beds
    • 5 Baths
    • 3,200+ Sq Ft
    • 1622 Tutwiler Ave
    • Memphis, TN

    Don’t miss this rare opportunity to own a versatile, move-in-ready duplex – perfect for homeowners or investors! The main house has been tastefullyupdated with a brand-new kitchen featuring quartz countertops, tile backsplash, gas double ovens, microwave, dishwasher, pantry, and breakfast bar. Gorgeoushardwood floors run throughout the home. The primary suite offers a luxurious retreat with a new

    Allyson Avera Crye-Leike, Inc., REALTORS

    Section Image
  • 2179 Elzey Ave, Memphis, TN 38104

    $318,000

    • 3 Beds
    • 2,133 Sq Ft
    • 2179 Elzey Ave
    • Memphis, TN

    Charming duplex in the heart of the Cooper Young Entertainment district. Close enough to walk to all the restaurants and shops the area has to offer but due to the unusual street configuration you don't have to deal with traffic or overflow parking. Both units are newly renovated with new carpeting and hardwood floors. The larger unit is upstairs/downstairs with vent less gas log fireplace and

    Kevin Gioia Beycome Brokerage Realty LLC

    Section Image
  • 171 Palisade St, Memphis, TN 38111

    $429,000

    • 4 Beds
    • 3 Baths
    • 3,200+ Sq Ft
    • 171 Palisade St
    • Memphis, TN

    Rare opportunity to own a 3,259 sq ft gem on the corner of Palisade & Joffre in the highly desirable Joffree neighborhood. Comfortably grow into the home with a layout that supports a single family, or a family given the attached Granny Suite. You'll love the Original hardwood floors, built in cabinets, dressing vanity and original unpainted wood closet wardrobes. The Granny suite is complete

    Jim Jones 1 Percent Lists Midsouth

    Section Image
  • 2756 Epping Crest Dr, Memphis, TN 38128

    $389,000

    • 4 Beds
    • 3.5 Baths
    • 2,600+ Sq Ft
    • 2756 Epping Crest Dr
    • Memphis, TN

    Nestled on the north side of Memphis, Raleigh is a vibrant neighborhood in Shelby County District 6 with a rich history and growing community spirit. This area boasts a unique landscape defined by rolling hills, mature oak and elm trees, and stunning foliage, especially during the fall.

    T.J. Kebede Grand Point Realty, LLC

    Section Image
  • 3046 Saint Clair Place Unit 101, Memphis, TN 38127

    $375,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 3046 Saint Clair Place
    • Unit 101
    • Memphis, TN

    PACKAGE SALE ONLY TO INCLUDE ALL PROPERIES FOR LIST PRICE: 3037 St. Cloud Place, 3038 St. Cloud Place, 3046 St. Clair Place, 3047 St. Cloud Place, 3052 St. Croix Place, 3061 St. Croix Place, 3063 St. Cloud Place, 3065 St. Cloud Place, 3069 St. Clair Place, 3073 St. Cloud Place, 3074 St. Cloud Place, 3048 St Cloud Place. Varrying condition. 3 Tenant occupied properties (3074 St. Cloud - $600,

    Terry White Advantage Property Management

    Section Image
  • 3038 Saint Cloud Place Unit 51, Memphis, TN 38127

    $375,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 3038 Saint Cloud Place
    • Unit 51
    • Memphis, TN

    PACKAGE SALE ONLY TO INCLUDE ALL PROPERIES FOR LIST PRICE: 3037 St. Cloud Place, 3038 St. Cloud Place, 3046 St. Clair Place, 3047 St. Cloud Place, 3052 St. Croix Place, 3061 St. Croix Place, 3063 St. Cloud Place, 3065 St. Cloud Place, 3069 St. Clair Place, 3073 St. Cloud Place, 3074 St. Cloud Place, 3048 St Cloud Place. Varrying condition. 3 Tenant occupied properties (3074 St. Cloud - $600,

    Terry White Advantage Property Management

    Section Image
  • 3052 Saint Croix Place Unit 79, Memphis, TN 38127

    $375,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 3052 Saint Croix Place
    • Unit 79
    • Memphis, TN

    PACKAGE SALE ONLY TO INCLUDE ALL PROPERIES FOR LIST PRICE: 3037 St. Cloud Place, 3038 St. Cloud Place, 3046 St. Clair Place, 3047 St. Cloud Place, 3052 St. Croix Place, 3061 St. Croix Place, 3063 St. Cloud Place, 3065 St. Cloud Place, 3069 St. Clair Place, 3073 St. Cloud Place, 3074 St. Cloud Place, 3048 St Cloud Place. Varrying condition. 3 Tenant occupied properties (3074 St. Cloud - $600,

    Terry White Advantage Property Management

    Section Image
See All Homes in Memphis

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $400,000 -3.6% $99 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
12/22/2023 12/22/23 Price Changed $415,000 -4.6% $102 / Sq Ft
12/02/2023 12/02/23 For Sale $435,000 +26.1% $107 / Sq Ft
12/14/2021 12/14/21 Sold $345,000 +3.0% $85 / Sq Ft
09/27/2021 09/27/21 For Sale $335,000 +276.4% $83 / Sq Ft
10/24/2013 10/24/13 Sold $89,000 -6.3% $22 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $95,000 -- $23 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2024

    Jonathan Minerick

    homecoin.com

    (888) 400-2513

    2 in this area

    6,469 Total Sales

    Jonathan Minerick
    Section Image

  • T

    Buyer's Agent in 2024

    Thomas Zettergren

    Premier Realty Group, LLC

    (901) 751-7979

    1 in this area

    44 Total Sales

    Thomas Zettergren
    Section Image

  • S

    Seller's Agent in 2021

    Sam Jordan

    Crye-Leike, Inc., REALTORS

    (901) 870-1169

    2 in this area

    58 Total Sales

    Sam Jordan
    Section Image
  • Randall Weatherall

    Buyer's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    12 in this area

    205 Total Sales

    Randall Weatherall
    Section Image

  • N

    Seller's Agent in 2013

    Nathan Mitchell

    Crye-Leike

    Section Image

  • M

    Buyer's Agent in 2013

    Margaret Fletcher

    Crye-Leike, Inc., REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10161938

Memphis Area Association of REALTORS®

Tennessee Shelby County Memphis 38112 Binghampton

2381 Forrest Ave, Memphis, TN

This home is located at 2381 Forrest Ave, Memphis, TN 38112 and is currently priced at $400,000, approximately $98 per square foot. This property was built in 1922. 2381 Forrest Ave is a home located in Shelby County with nearby schools including Brewster Elementary School, Treadwell Middle School, and Central High School.

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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes