NOT LISTED FOR SALE

482 E Mclemore Ave Memphis, TN 38106

South Memphis Neighborhood
10 Beds
-- Bath
3,772 Sq Ft
8,276 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $202,000 $54 Per Sq Ft

About This Home

As of July 2022

Fantastic opportunity for any investor looking to get into multi-family housing or expand an existing portfolio. Five 2 bedroom 1 bathroom units. Two of which have very recently been updated. Unit 2 & 4 are leased through 2023 and units 3 & 5 are currently tenanted on month to month agreements. Unit 1 will convey as/is, seller does have very reasonable repair estimates for matching quality updates. Rent roll information upon request. Offers received- please submit highest and best by 7/5 at 4pm

Last Agent to Sell the Property

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 07/01/2022

Last Buyer's Agent

Jeffrey Howard

Bluff City Realty Group, LLC License #326750 Listed on: 07/01/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 52 x 161

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,772 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 5 Units
  • Washington Heights Blk 3 Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 025039 00037

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MLS Map #: 745E
  • MAAR Subdivision Name: WASHINGTON HEIGHTS BLK 3
  • Freestanding: Yes
  • List Price Per Sq Ft: 49
  • Number Of Stories: 2
  • Price Per Sq Ft: 1063157.89
  • Estimated Sq Ft: 3772
  • Year Built: 1966
  • Construction: Brick/Veneer
  • List Price Per Unit: 37000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: 1 Window Unit per Unit
  • Heating Systems: Wall Heat

Lot Info

  • Lot Number: 10& PT 9
  • Acreage: 0.19
  • Lot Size: 52 X 161
  • Price Per Acre: 973684

Rental Info

  • Type Of Leases: Monthly, Year

Tax Info

  • Assessor Parcel Number: 025039 00037

Multi Family

  • Total Number Of Units: 5
  • Number2 Bedroom Units: 5
  • Type of Unit: 2 BR - 1 Bath

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $202,000 +9.2% $54 / Sq Ft
07/01/2022 07/01/22 For Sale $185,000 +42.3% $49 / Sq Ft
09/18/2018 09/18/18 Sold $130,000 -12.8% $16 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $149,000 -- $18 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Howard

    Seller's Agent in 2022

    Jeffrey Howard

    Bluff City Realty Group, LLC

    (901) 303-8448

    1 in this area

    164 Total Sales

    Jeffrey Howard
    Section Image
  • Jeffrey Moore

    Seller's Agent in 2018

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    4 in this area

    85 Total Sales

    Jeffrey Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127831

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38106 South Memphis

482 E Mclemore Ave, Memphis, TN

This home is located at 482 E Mclemore Ave, Memphis, TN 38106 since 01 July 2022. This property was built in 1966. 482 E Mclemore Ave is a home located in Shelby County with nearby schools including Larose Elementary School, Booker T. Washington Middle & High School, and Memphis Delta Preparatory Charter School.

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® 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