$144,900

508 E Dison Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated payment $818/month

Total Views 1,414
4 Beds
2 Baths
1,694 Sq Ft
$86 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Formal Dining Room
  • Partially Carpeted
  • 1-Story Property

About This Home

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026). Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates. Professionally managed, maintenance report and tenant ledgers available upon request. Please do not disturb tenants.

Listing Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 04/07/2026

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x160
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Partially Carpeted

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Johnsons Longview Heights Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049032 00006

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • MAAR Subdivision Name: LONGVIEW HEIGHTS BLK C
  • Freestanding: Yes
  • Number Of Stories: 1
  • Estimated Sq Ft: 1694
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 4
  • Acreage: 0.21
  • Lot Size: 60X160

Tax Info

  • Assessor Parcel Number: 049032 00006

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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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

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 $533 $28,080 $3,200 $24,880
2024 $533 $15,720 $1,800 $13,920
2023 $958 $15,720 $1,800 $13,920
2022 $958 $15,720 $1,800 $13,920
2021 $969 $15,720 $1,800 $13,920
2020 $1,191 $16,440 $1,800 $14,640
2019 $525 $16,440 $1,800 $14,640
2018 $525 $16,440 $1,800 $14,640
2017 $538 $16,440 $1,800 $14,640
2016 $977 $22,360 $0 $0
2014 $977 $22,360 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $144,900 -- $86 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Saddle Creek Title
Quit Claim Deed -- Saddle Creek Title Llc
Warranty Deed $115,000 Saddle Creek Title Llc
Warranty Deed $18,000 Saddle Creek Title Llc
Quit Claim Deed -- Attorney
Special Warranty Deed $30,600 None Available
Trustee Deed $39,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $396,500 Commercial
Closed $396,500 Commercial
Previous Owner $86,250 New Conventional
Previous Owner $27,540 Fannie Mae Freddie Mac
Closed $0 Purchase Money Mortgage
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10218600

Memphis Area Association of REALTORS®

APN: 04-9032-0-0006

Tennessee Shelby County Memphis 38106 South Memphis

508 E Dison Ave, Memphis, TN

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Jeremy Veldman
Listing Agent
Jeremy Veldman
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KAIZEN Realty, LLC
(901) 716-8309
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