487 Williams Ave Memphis, TN 38126
South Memphis NeighborhoodEstimated payment $2,084/month
Highlights
- Detached Garage
- Central Heating and Cooling System
- Partially Carpeted
About This Home
PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
Property Details
Home Type
- Apartment
Year Built
- Built in 1964
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50 x 170
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 4,200 Sq Ft Home
- Partially Carpeted
Laundry
- Dryer
- Washer
Parking
- Detached Garage
- Over 1 Space Per Unit
- Gravel Driveway
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- 6 Units
- Wilson Subdivision
Listing and Financial Details
- Assessor Parcel Number 025013 00006
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 | $691 | $25,680 | $5,240 | $20,440 |
| 2024 | $687 | $20,280 | $4,240 | $16,040 |
| 2023 | $1,235 | $20,280 | $4,240 | $16,040 |
| 2022 | $1,235 | $20,280 | $4,240 | $16,040 |
| 2021 | $1,250 | $20,280 | $4,240 | $16,040 |
| 2020 | $1,371 | $18,920 | $4,240 | $14,680 |
| 2019 | $605 | $18,920 | $4,240 | $14,680 |
| 2018 | $605 | $18,920 | $4,240 | $14,680 |
| 2017 | $619 | $18,920 | $4,240 | $14,680 |
| 2016 | $780 | $17,840 | $0 | $0 |
| 2014 | $780 | $17,840 | $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 | Prior Sale |
|---|---|---|---|---|---|
| 02/26/2026 02/26/26 | Price Changed | $369,000 | -2.6% | $88 / Sq Ft | |
| 11/06/2025 11/06/25 | Price Changed | $379,000 | -2.8% | $90 / Sq Ft | |
| 08/18/2025 08/18/25 | Price Changed | $390,000 | -7.1% | $93 / Sq Ft | |
| 07/30/2025 07/30/25 | For Sale | $420,000 | 0.0% | $100 / Sq Ft | |
| 07/12/2025 07/12/25 | Pending | -- | -- | -- | |
| 05/22/2025 05/22/25 | For Sale | $420,000 | +151.5% | $100 / Sq Ft | |
| 07/08/2020 07/08/20 | Sold | $167,000 | -1.2% | $40 / Sq Ft | View Prior Sale |
| 04/20/2020 04/20/20 | Pending | -- | -- | -- | |
| 03/23/2020 03/23/20 | For Sale | $169,000 | -- | $40 / 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 | $167,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $132,000 | Stewart Title Company |
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 |
|---|---|---|---|
| Open | $133,600 | Commercial |
Source: Memphis Area Association of REALTORS®
MLS Number: 10197300
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.
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.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
- 813 Coahoma Place
- 951 Driver St
- 664 E Alston Ave
- 670 E Alston Ave
- 646 E Alston Ave
- 959 Driver St
- 529 E Alston Ave
- 964 S Wellington St
- 957 S Wellington St
- 483 Walker Ave
- 473 Walker Ave
- 583 E E H Crump Blvd
- 1025 S Wellington St Unit 10222410
- 488 Laclede Ave
- 598 Williams Ave
- 385 Walker Ave
- 894 Mississippi Blvd
- 640 Stephens Place
- 640 Walker Ave
- 649 Walker Ave
- 1024 S Wellington St Unit 4
- 284 Gaston Ave
- 639 Mississippi Blvd Unit 2
- 639 Mississippi Blvd Unit 4
- 639 Mississippi Blvd Unit 1
- 639 Mississippi Blvd Unit 3
- 439 Simpson Ave
- 1235 Driver St
- 1203 Latham St Unit 1
- 1057 College St
- 9 E Carolina Ave
- 580 S Main St
- 580 S Main St Unit 204
- 400 E Pontotoc Ave
- 512 Pky
- 125 E Ge Patterson Ave
- 280 Vance Ave
- 756 S Parkway E
- 707-747 Linden Yard Dr
- 9 E Carolina Ave
Ask me questions while you tour the home.