$118,000
$7K PRICE DROP

Estimated payment $652/month

Total Views 3,340
2 Beds
2 Baths
1,200-1,399 Sq Ft
$84 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Great Room
  • Central Air
  • Traditional Architecture
  • Tile Flooring
  • 3-minute walk to Riverview Park

About This Home

Check out this super cute 2 bedroom, 2 full bathroom home located in the heart of South Memphis—just minutes from downtown! Perfect for a first-time homebuyer or savvy investor, this property is already tenant-occupied with a lease in place through August 2025, offering immediate rental income potential. Recent updates make this home even more attractive! Prime location near downtown Tenant lease active until August 2025 Great investment opportunity or starter home Bring all offers!

Listing Agent

Chinna Prude-Anderson

C21 Patterson & Assoc. Real Es License #304307 Listed on: 07/15/2025

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,503 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Tile Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Radiant Ceiling

Community Details

  • Spion Kop Blk 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035047 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747A
  • MAAR Subdivision Name: SPION KOP BLK 6
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1503
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: R-Factor (See Remarks)

Garage/Parking

  • Parking Storage: Street Parking Only

Utilities

  • Cooling: Central
  • Heating: Ceiling Heat

Lot Info

  • Lot Description: Level
  • Lot Number: 22
  • Acreage: 0.11
  • Lot Size: 50X100
  • Price Per Acre: 1072727
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 035047 00015

Map

Range of Values:

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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 $318 $14,950 $1,250 $13,700
2024 $318 $9,375 $875 $8,500
2023 $571 $9,375 $875 $8,500
2022 $571 $9,375 $875 $8,500
2021 $254 $9,375 $875 $8,500
2020 $551 $7,600 $875 $6,725
2019 $243 $7,600 $875 $6,725
2018 $243 $7,600 $875 $6,725
2017 $249 $7,600 $875 $6,725
2016 $349 $7,975 $0 $0
2014 $349 $7,975 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Price Changed $118,000 -5.6% $98 / Sq Ft
07/15/2025 07/15/25 For Sale $125,000 +287.6% $104 / Sq Ft
03/08/2024 03/08/24 Sold $32,250 -7.6% $23 / Sq Ft View Prior Sale
12/21/2023 12/21/23 Pending -- -- --
12/04/2023 12/04/23 Price Changed $34,900 -12.5% $25 / Sq Ft
11/07/2023 11/07/23 Price Changed $39,900 -11.1% $29 / Sq Ft
10/10/2023 10/10/23 Price Changed $44,900 -10.0% $32 / Sq Ft
09/07/2023 09/07/23 For Sale $49,900 -- $36 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $32,250 None Listed On Document
Trustee Deed $26,834 None Available
Quit Claim Deed -- --
Quit Claim Deed -- First Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $31,800 No Value Available
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10201321

Memphis Area Association of REALTORS®

APN: 03-5047-0-0015