NOT LISTED FOR SALE

Estimated Value: $1,503,001

7 Beds
-- Bath
9,000 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2025

Last sale price $1,500,000 $167 Per Sq Ft

Current estimated payment $8,667 / mo

26 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Central Station
  • Central Heating and Cooling System
  • Efficiency Studio
  • Attached Garage
  • 4-minute walk to Army Park

About This Home

As of October 2025

2 BUILDINGS AT 508-510 S MAIN ST - 508 S. Main: Approx. 9,400 sf. It is a 3 story building with finished basement office space and rooftop observation room and deck - 1st floor is retail space. 2nd floor is a 2 bedroom 2 bath apartment. 3rd Floor is a 2 bedroom 2 bath apartment. 510 S Main: Approx. 4,700 sf. It is a 2 story building- 1st floor is retail in the front and a studio apartment in the rear. The 2nd floor is a 3 bedroom 2 Bath apartment. NO LEASES, THIS WAS 100% OWNER OCCUPIED

Last Agent to Sell the Property

Chris Garland

Crye-Leike, Inc., REALTORS License #232993 Listed on: 08/16/2025

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Amanda Lott

BHHS McLemore & Co., Realty License #318728

BHHS McLemore & Co., Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25 x 176.5

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Built-Up Roof

Interior Spaces

  • 9,000 Sq Ft Home
  • 3-Story Property
  • Efficiency Studio
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 4 Units
  • Merchants C.P.&S Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002114 00008

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • MAAR Subdivision Name: MERCHANTS C P & S CO
  • Freestanding: Yes
  • Number Of Stories: 3
  • Estimated Sq Ft: 9000
  • Year Built: 1920
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Floors/Ceilings: Hardwood Throughout
  • Appliances Equipment: Refrigerator, Cooktop/Wall Oven, Disposal, Dishwasher, Microwave

Exterior Features

  • Foundation: Slab, Full Basement
  • Roof: Built-Up, Pitched

Garage/Parking

  • Parking Facility: Asphalt/Blacktop, Attached

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Washer in Unit, Dryer in Unit

Lot Info

  • Lot Number: 8
  • Lot Size: 25 X 176.5
  • Zoning: SMSD
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 002114 00008

Multi Family

  • Total Number Of Units: 4
  • Number2 Bedroom Units: 2
  • Number3 Bedroom Units: 1
  • Number Efficiency Studio Units: 1
  • Number Other Units: 2
  • Type of Unit: Efficiency/Studio, 2 BR - 1+ Baths, 3 BR - 1+ Baths

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2025
Closed on
Oct 29, 2025
Sold by
Bought by
Seller's Agent
Chris Garland
Crye-Leike, Inc., REALTORS
Buyer's Agent
Amanda Lott
BHHS McLemore & Co., Realty
List Price
$1,699,000
Sold Price
$1,500,000
Premium/Discount to List
-$199,000
-11.71%
Views
254
Current Estimated Value
$1,503,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,001
Original Mortgage
$1,100,000
Outstanding Balance
$972,401
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2021
Sold by
Bought by

Purchase Details

Closed on
May 15, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Main, TN

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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 Buyer Sale Price Title Company
$1,500,000 None Listed On Document
$1,000 None Listed On Document
-- Chicago Title Insurance Co
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 Borrower Loan Amount
Open $1,100,000
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
10/29/2025 10/29/25 Sold $1,500,000 -11.7% $167 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
08/16/2025 08/16/25 For Sale $1,699,000 -- $189 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $4,867 $180,920 $40,400 $140,520
2024 $6,133 $180,920 $28,880 $152,040
2023 $11,021 $180,920 $28,880 $152,040
2022 $11,021 $180,920 $28,880 $152,040
2021 $4,412 $0 $0 $0
2020 $6,713 $0 $0 $0
2019 $6,713 $0 $0 $0
2018 $1,226 $0 $0 $0
2017 $1,226 $0 $0 $0
2016 $1,060 $0 $0 $0
2014 $5,461 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10203746

Memphis Area Association of REALTORS®

APN: 00-2114-0-0008

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