$28,900
$11K PRICE DROP

243 1st Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated payment $189/month

Total Views 4,279
4 Beds
1 Bath
1,008 Sq Ft
$29 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Brick Veneer

About This Home

Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

Listing Agent

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 07/21/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • 220 Volts
  • Gas Water Heater

Community Details

  • Riverside Park Subdivision
  • Property managed by Leco Realty, Inc.

Listing and Financial Details

  • Assessor Parcel Number 050007 00009

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Kansas
  • MAAR Subdivision Name: RIVERSIDE PARK
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1008
  • Year Built: 1956
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Partial Basement, Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: 220 Wiring
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Management Company: Leco Realty, Inc.

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 61
  • Acreage: 0.17
  • Lot Size: 50X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 050007 00009

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $307 $11,400 $1,250 $10,150
2024 $286 $8,425 $875 $7,550
2023 $513 $8,425 $875 $7,550
2022 $513 $8,425 $875 $7,550
2021 $610 $8,425 $875 $7,550
2020 $496 $6,850 $875 $5,975
2019 $219 $6,850 $875 $5,975
2018 $219 $6,850 $875 $5,975
2017 $224 $6,850 $875 $5,975
2016 $327 $7,475 $0 $0
2014 $327 $7,475 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Price Changed $28,900 -3.3% $29 / Sq Ft
08/17/2026 08/17/26 Price Changed $29,900 -25.1% $30 / Sq Ft
07/21/2026 07/21/26 For Sale $39,900 -- $40 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $27,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10226606

Memphis Area Association of REALTORS®

APN: 05-0007-0-0009

Tennessee Shelby County Memphis 38109 South Memphis

243 1st Ave, Memphis, TN

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® 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.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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Listing Agent
Lowell Brister
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Leco Realty, Inc.
(901) 660-3052
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