2974 Waverly Ave Memphis, TN 38111
Orange Mound NeighborhoodEstimated payment $793/month
Highlights
- Traditional Architecture
- Level Lot
- 1-Story Property
About This Home
This property is leased at $1,175 per month through 03/12/2028. Fully renovated with a focus on long-term performance and minimal maintenance, this property offers strong rental appeal. Major upgrades include a new 30-year architectural roof, brand-new HVAC system with furnace, updated electrical panel and plumbing, and luxury vinyl plank and tile flooring throughout. The redesigned kitchen features new cabinets, countertops, and fixtures, while the bathroom has been completely refreshed with new tile, vanity, and fixtures. Additional improvements include new windows, interior/exterior paint, and landscaping, delivering a turnkey, income-ready asset. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x118
- Level Lot
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 800-999 Sq Ft Home
- 960 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Community Details
- F P Mcdonald Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 045073 00003
Map
Home Values in the Area
Average Home Value in this Area
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 | $270 | $10,050 | $1,625 | $8,425 |
| 2024 | $268 | $7,900 | $750 | $7,150 |
| 2023 | $481 | $7,900 | $750 | $7,150 |
| 2022 | $481 | $7,900 | $750 | $7,150 |
| 2021 | $273 | $7,900 | $750 | $7,150 |
| 2020 | $538 | $7,425 | $750 | $6,675 |
| 2019 | $237 | $7,425 | $750 | $6,675 |
| 2018 | $237 | $7,425 | $750 | $6,675 |
| 2017 | $243 | $7,425 | $750 | $6,675 |
| 2016 | $336 | $7,700 | $0 | $0 |
| 2014 | $336 | $7,700 | $0 | $0 |
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 |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | Price Changed | $145,000 | +123.1% | $181 / Sq Ft |
| 01/06/2026 01/06/26 | For Sale | $65,000 | 0.0% | $81 / Sq Ft |
| 10/10/2025 10/10/25 | Off Market | $65,000 | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $65,000 | 0.0% | $81 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $65,000 | -86.6% | $81 / Sq Ft |
| 09/08/2025 09/08/25 | Off Market | $484,900 | -- | -- |
| 09/04/2025 09/04/25 | Price Changed | $484,900 | +646.0% | $606 / Sq Ft |
| 09/03/2025 09/03/25 | Price Changed | $65,000 | -49.6% | $81 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $129,000 | -73.4% | $161 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $484,900 | -- | $606 / Sq Ft |
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 | $54,798 | On Point Title | |
| Warranty Deed | $47,000 | Foundation Title | |
| Trustee Deed | $22,200 | None Listed On Document | |
| Executors Deed | -- | None Available |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $100,000 | Construction | |
| Previous Owner | $47,000 | Construction |
Source: Memphis Area Association of REALTORS®
MLS Number: 10203706
APN: 04-5073-0-0003
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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.
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