246 Lucerne Place Memphis, TN 38126
South Memphis NeighborhoodEstimated payment $1,169/month
Total Views
13,223
4
Beds
2
Baths
2,600-2,799
Sq Ft
$75
Price per Sq Ft
Highlights
- Updated Kitchen
- Wood Flooring
- Separate Formal Living Room
- Traditional Architecture
- Main Floor Primary Bedroom
- Home Office
About This Home
Just under 5 minutes from the fast-growing Downtown Memphis—This extremely spacious 4 bed, 2 bath property offers a prime opportunity with some updates already completed, giving you a head start on renovations. Home boasts a separate living room, den, dining room, and sitting area. Whether you're new to investing or adding to your portfolio, this high-potential property deserves your attention and is a solid addition to your rental portfolio. Just two doors down from a 5-star Airbnb minutes from top restaurants, entertainment, the National Civil Rights Museum, and other Downtown staples. This is the kind of opportunity serious investors watch for, as it offers strong potential as a short-term or corporate rental.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $292
Year Built
- Built in 1908
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x125
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Victorian Architecture
- Composition Shingle Roof
- Stucco Exterior
- Pier And Beam
Interior Spaces
- 2,600-2,799 Sq Ft Home
- 1,598 Sq Ft Home
- 2-Story Property
- Built-in Bookshelves
- Fireplace Features Masonry
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Home Office
- Keeping Room
- Updated Kitchen
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
- Closed Circuit Camera
- Iron Doors
Accessible Home Design
- Doors are 32 inches wide or more
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Lucerne Pl Subdivision
Listing and Financial Details
- Assessor Parcel Number 013033 00021
Map
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
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 | $292 | $12,000 | $1,750 | $10,250 |
| 2024 | $292 | $8,600 | $875 | $7,725 |
| 2023 | $524 | $8,600 | $875 | $7,725 |
| 2022 | $524 | $8,600 | $875 | $7,725 |
| 2021 | $530 | $8,600 | $875 | $7,725 |
| 2020 | $518 | $7,150 | $875 | $6,275 |
| 2019 | $518 | $7,150 | $875 | $6,275 |
| 2018 | $518 | $7,150 | $875 | $6,275 |
| 2017 | $294 | $7,150 | $875 | $6,275 |
| 2016 | $312 | $7,150 | $0 | $0 |
| 2014 | $312 | $7,150 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $210,000 | -8.7% | $81 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $230,000 | -- | $88 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $13,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10196046
APN: 01-3033-0-0021
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.
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
- 255 Maryland Ave
- 264 E Alston Ave
- 268 E Alston Ave
- 272 E Alston Ave
- 1034 Patton St
- 1058 Patton St
- 361 Walker Ave
- 169 E Virginia Ave
- 394 Laclede Ave
- 362 Edith Ave
- 1025 S Wellington St
- 387 Gaston Ave
- 971 S Wellington St
- 813 Coahoma Place
- 487 Williams Ave
- 670 E Alston Ave
- 664 E Alston Ave
- 437 Simpson Ave
- 1194 Latham St
- 488 Laclede Ave
- 1024 S Wellington St Unit 4
- 9 E Carolina Ave
- 80 W Virginia Ave
- 665 Tennessee St
- 580 S Main St Unit 204
- 70 W Carolina Ave Unit 105
- 721 Litty Ct Unit Apartment 302
- 615 Denmark Dr Unit 102
- 115 W Carolina Ave
- 125 E Ge Patterson Ave
- 604 Madewood Dr
- 717 S Riverside Dr Unit 109
- 717 S Riverside Dr Unit 702
- 1393 Michigan St
- 1397 Michigan St
- 4 Riverview Dr W
- 495 S Front St Unit 304
- 138 Huling Ave
- 280 Vance Ave
- 495 Tennessee St