$249,900
$15K PRICE DROP

Estimated payment $1,463/month

Total Views 5,832
4 Beds
2 Baths
1,952 Sq Ft
$128 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Central Heating and Cooling System
  • White Station High Rated A
  • Brick Veneer
  • Combination Dining and Living Room

About This Home

This property is leased at $895 per month ($10,740 annually each unit) 44-through 02/04/2028 and 46-through 06/03/2027. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a convenient Memphis location with strong rental appeal. This well-maintained home features a functional layout with comfortable living spaces, updated finishes, and good natural light throughout. Recent improvements enhance overall efficiency and reduce maintenance needs. The kitchen offers ample cabinetry and practical design, while the property shows solid condition inside and out with attractive curb appeal. Situated near schools, shopping, and major corridors, supporting consistent tenant demand and long-term appreciation potential. A reliable, low-maintenance addition to any investment portfolio. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Listing Agent

James Wachob

Foundation Property Management License #294924 Listed on: 03/11/2026

Foundation Property Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • Poplar Blvd Terrace Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044048 00036

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 46
  • MAAR Subdivision Name: POPLAR BLVD TERRACE
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1952
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Hardwood Throughout

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 2& PT ST
  • Acreage: 0.2
  • Lot Size: 60X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 044048 00036

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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Sold Price
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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 $1,325 $49,240 $4,600 $44,640
2024 $1,040 $30,680 $2,400 $28,280
2023 $1,869 $30,680 $2,400 $28,280
2022 $1,869 $30,680 $2,400 $28,280
2021 $1,891 $30,680 $2,400 $28,280
2020 $1,881 $25,960 $2,400 $23,560
2019 $1,881 $25,960 $2,400 $23,560
2018 $1,881 $25,960 $2,400 $23,560
2017 $1,067 $25,960 $2,400 $23,560
2016 $1,239 $28,360 $0 $0
2014 $1,239 $28,360 $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 Prior Sale
05/04/2026 05/04/26 Price Changed $249,900 -5.7% $128 / Sq Ft
03/11/2026 03/11/26 For Sale $265,000 0.0% $136 / Sq Ft
11/17/2025 11/17/25 Rented $895 0.0% --
07/01/2025 07/01/25 For Rent $895 0.0% --
03/04/2024 03/04/24 Sold $140,000 0.0% $72 / Sq Ft View Prior Sale
02/16/2024 02/16/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $140,000 -- $72 / 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 $140,000 None Listed On Document
Warranty Deed $78,000 None Available
Special Warranty Deed $65,000 None Available
Trustee Deed $73,191 None Available
Warranty Deed $79,000 --
Source: Public Records

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
Previous Owner $81,370 VA
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10216524

Memphis Area Association of REALTORS®

APN: 04-4048-0-0036

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