$65,000

862 Mosby Ave Memphis, TN 38105

Crosstown Neighborhood

Estimated payment $359/month

Total Views 639
2 Beds
1 Bath
675 Sq Ft
$96 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • Wood Flooring
  • Level Lot

About This Home

Investor Alert: High-Potential Brick Shell in Medical District Attention serious investors - this 2-bedroom, 1-bath brick home offers a premier location-driven opportunity near I-40 and the Le Bonheur Children’s Hospital medical district. The property requires a full rehab and is being sold strictly Cash Only and As-Is, with no warranties provided. No assignments or wholesale inquiries. Once restored, the property’s prime location could potentially provide exceptional versatility for high-demand for: Long-term rentals for medical professionals or students. Short-term rentals (Airbnb) or medium-term executive/business stays. Owner-occupant resale in an emerging medical hub. Owner regrets having to sell the property, but it cannot be help. Call today to obtain this high-yield potential property.

Listing Agent

Tjuania Redmond

Lawrence Johnson, REALTORS License #225170 Listed on: 01/22/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x97
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Sanderson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051014 00049

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SANDERSON
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 675
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: On-Street Parking

Lot Info

  • Lot Description: Level
  • Lot Number: 13 & 14
  • Acreage: 0.06
  • Lot Size: 27X97
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 051014 00049

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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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 $167 $6,475 $1,875 $4,600
2024 $167 $4,925 $750 $4,175
2023 $300 $4,925 $750 $4,175
2022 $300 $4,925 $750 $4,175
2021 $357 $4,925 $750 $4,175
2020 $313 $4,325 $750 $3,575
2019 $138 $4,325 $750 $3,575
2018 $138 $4,325 $750 $3,575
2017 $142 $4,325 $750 $3,575
2016 $197 $4,500 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 For Sale $65,000 +117.4% $96 / Sq Ft
04/22/2022 04/22/22 Sold $29,900 +50.3% $48 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $19,900 -- $32 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $29,900 Apperson Crump Plc
Quit Claim Deed -- None Listed On Document
Warranty Deed $2,623 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10213522

Memphis Area Association of REALTORS®

APN: 05-1014-0-0049

Tennessee Shelby County Memphis 38105 Crosstown

862 Mosby Ave, Memphis, TN

For Sale

Detached

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Nearby Homes
Tjuania Redmond
Listing Agent
Tjuania Redmond
Section Image
Lawrence Johnson, REALTORS
(901) 472-7465