NOT LISTED FOR SALE

Estimated Value: $72,502 - $109,000

2 Beds
2 Baths
1,008 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $37,255 $37 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $488/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Property has 3 Levels

About This Home

As of May 2020

INSTANT CASHFLOW!!! Long term tenants, low maintenance, excellent opportunity to buy an income producing duplex in Memphis, TN. Wont last long, call us today.

Last Agent to Sell the Property

Pablo Pereyra

901, REALTORS Brokerage Phone: 9015504359 License #285174 Listed on: 11/19/2025

901, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1920

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Property has 3 Levels
  • Lot Dimensions are 50 x 160

Community Details

  • Castle & Rawlings Subdivision

Listing and Financial Details

  • Total Actual Rent $750
  • Tax Lot 21
  • Assessor Parcel Number 052034 00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$880

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other
  • Total Bedrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50 X 160
  • Lot Size Units: Acres
  • Parcel #: 052034 00004
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 880
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2025
Closed on
May 29, 2020
Sold by
Brooks Deloris
Bought by
Malson Management Llc
Seller's Agent
Pablo Pereyra
901, REALTORS
List Price
$36,000
Sold Price
$37,255
Premium/Discount to List
$1,255
3.49%
Current Estimated Value
$84,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,121
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Apr 30, 2009
Sold by
Davis Derrick D
Bought by
Brooks Deloris

Purchase Details

Closed on
Jan 25, 2008
Sold by
Johnson Terry B
Bought by
Davis Derrick D

Purchase Details

Closed on
Jan 22, 2008
Sold by
Jenkins Ada Mae
Bought by
Johnson Terry B

Purchase Details

Closed on
Jan 19, 2008
Sold by
Collins Lavera
Bought by
Johnson Terry B

Purchase Details

Closed on
Apr 14, 2004
Sold by
Jones Virgie L
Bought by
Jones V Beatrice and Johnson Terry B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malson Management Llc $37,255 None Available
Brooks Deloris $13,000 Realty Title & Escrow Co Inc
Davis Derrick D $7,000 Edco Title & Closing Service
Johnson Terry B -- None Available
Johnson Terry B -- Edco Title & Closing Service
Johnson Terry B -- Edco Title & Closing Service
Jones V Beatrice -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 For Sale $36,000 -3.4% $36 / Sq Ft
05/29/2020 05/29/20 Sold $37,255 0.0% $37 / Sq Ft
05/29/2020 05/29/20 Sold $37,255 +3.5% $36 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
05/18/2020 05/18/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $36,000 -- $35 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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 $523 $19,600 $3,200 $16,400
2024 $523 $15,440 $1,600 $13,840
2023 $941 $15,440 $1,600 $13,840
2022 $941 $15,440 $1,600 $13,840
2021 $1,118 $15,440 $1,600 $13,840
2020 $832 $11,480 $1,600 $9,880
2019 $367 $11,480 $1,600 $9,880
2018 $367 $11,480 $1,600 $9,880
2017 $376 $11,480 $1,600 $9,880
2016 $495 $11,320 $0 $0
2014 $495 $11,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3048581

Realtracs

APN: 05-2034-0-0004