NOT LISTED FOR SALE

655 E Mclemore Ave Memphis, TN 38106

South Memphis Neighborhood
8 Beds
-- Bath
4,600 Sq Ft
8,276 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $86,000 $19 Per Sq Ft

About This Home

As of April 2024

The asset at 655 E McLemore is a four-unit value-add property. The property is currently running at a 25% occupancy, with all of the units in need of full renovations. Each unit is two bedrooms with one full bathroom. The current tenant is paying $375 a month. The market rent for this unit type is approximately $700-$800 a month. Renovations are recommended to generate the market rent which is attainable due to the location of the property.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $86,000 -28.3% $19 / Sq Ft
12/06/2023 12/06/23 For Sale $120,000 +263.6% $26 / Sq Ft
05/04/2012 05/04/12 Sold $33,000 -17.5% $7 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
04/04/2011 04/04/11 For Sale $39,999 -- $9 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Traci Braden

    Seller's Agent in 2024

    Traci Braden

    Braden, Braden & Braden LLC

    (901) 830-6632

    1 in this area

    14 Total Sales

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  • Curtis Braden, CCIM

    Seller Co-Listing Agent in 2024

    Curtis Braden, CCIM

    Braden, Braden & Braden LLC

    (901) 323-1925

    2 in this area

    22 Total Sales

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  • Lisa Nelson

    Seller's Agent in 2012

    Lisa Nelson

    Exit Wise Master-Builders Real

    (901) 246-5395

    3 in this area

    100 Total Sales

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  • T

    Buyer's Agent in 2012

    Toni Smith

    BHHS Taliesyn Realty

See All Agents

Map

Tennessee Shelby County Memphis 38106 South Memphis

655 E Mclemore Ave, Memphis, TN

This home is located at 655 E Mclemore Ave, Memphis, TN 38106. 655 E Mclemore Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High 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.

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