Great Investment Opportunity ~ Tenant Occupied ~ $1,000/Month Combined
Sold for $100,000
$100,000
1040 Gordon St, Memphis, TN 38122
--beds
0baths
1,600sqft
MultiFamily
Built in 1959
-- sqft lot
$115,800 Zestimate®
$63/sqft
$993 Estimated rent
Home value
$115,800
$93,000 - $147,000
$993/mo
Zestimate® history
Owner options
List your home for rent
$993/mo
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$993/mo
Rent Zestimate®
Refinance and save
$503/mo
Est. payment
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$503/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Central
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,600 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 50 Acres
Details
- Parcel number: 03805200020
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1959
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $107,800
- Annual tax amount: $1,420
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listing removed | $159,900$100/sqft |
Source: | ||
| 4/26/2025 | Listed for sale | $159,900+59.9%$100/sqft |
Source: | ||
| 9/4/2024 | Sold | $100,000+90.5%$63/sqft |
Source: Public Record Report a problem | ||
| 11/30/2016 | Sold | $52,500-4.5%$33/sqft |
Source: | ||
| 11/4/2016 | Listed for sale | $55,000-38.9%$34/sqft |
Source: REMAX Real Estate Experts, LLC #9990102 Report a problem | ||
| 3/8/2001 | Sold | $90,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,420 +9.6% | $26,950 +36.9% |
| 2024 | $1,296 +8.1% | $19,680 |
| 2023 | $1,199 | $19,680 |
| 2022 | -- | $19,680 |
| 2021 | -- | $19,680 -6.5% |
| 2020 | $672 | $21,040 |
| 2019 | $672 -21.1% | $21,040 |
| 2018 | $852 -45.1% | $21,040 |
| 2017 | $1,553 +91.6% | $21,040 -11.7% |
| 2016 | $811 -11.4% | $23,840 |
| 2014 | $915 | $23,840 |
| 2013 | -- | $23,840 -16.9% |
| 2012 | -- | $28,680 |
| 2011 | -- | $28,680 |
| 2010 | -- | $28,680 -15.3% |
| 2009 | -- | $33,880 +19.6% |
| 2008 | -- | $28,320 |
| 2007 | -- | $28,320 |
| 2006 | -- | $28,320 |
| 2005 | -- | $28,320 +18% |
| 2004 | -- | $24,000 |
| 2003 | -- | $24,000 |
| 2002 | -- | $24,000 -12% |
| 2001 | -- | $27,280 +24% |
| 2000 | -- | $22,000 |
Find assessor info on the county website
Neighborhood: Berclair-Highland Heights
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Nearby schools
GreatSchools rating
- 3/10Treadwell Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Kingsbury High SchoolGrades: 9-12Distance: 1 mi
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