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For sale
    • Price cut: $50K (8/11)
    $1,150,000

    1044 Delmar Ave, Memphis, TN 38105

    --beds
    --baths
    --sqft
    : 
    $7,613/mo
    Get pre-qualified
    Multi Family
    Built in 1912
    -- sqft lot
    $1,086,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Interior paintNewer roofingNew plumbingStainless steel appliancesLvp flooring
    Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 7% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments. Seller financing will be considered.
    180 days
    289
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Dominey Shaw,

    Myers Cobb Realtors, LLC 901-552-4036

    Source: MAAR,MLS#: 10218077MLS Logo

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: None
      Features
      • Flooring: Vinyl
      • Basement: Crawl Space

      Property

      Parking
      • Parking features: Asphalt/Blacktop
      Features
      • Fencing: Full
      Lot
      • Size: 1.18 Acres
      • Dimensions: 245 x 210
      • Features: Historic District
      Details
      • Parcel number: 020088 00016

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood/Composition
      • Roof: Composition
      Condition
      • Year built: 1912

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Dumpster
      • Security: Security Gate
      • Subdivision: Harvey
      Location
      • Region: Memphis

      Financial & listing details

      • Tax assessed value: $1,398,200
      • Annual tax amount: $29,477
      • Date on market: 3/31/2026
      • Cumulative days on market: 181 days
      • Listing terms: Conventional
      • Inclusions: All Appliances
      • Lease term: 12 Months
      • Tenant pays: Some Utilities, Gas, Electricity

        Estimated market value

        $1,086,500

        $1.03M - $1.14M

        $810/mo

        Price history

        DateEventPrice
        8/11/2026Price change$1,150,000-4.2%
        Source: MAAR #10218077 Report a problem
        7/30/2026Price change$1,200,000-2%
        Source: MAAR #10218077 Report a problem
        4/10/2026Price change$1,225,000-2%
        Source: MAAR #10218077 Report a problem
        3/31/2026Listed for sale$1,250,000-15.3%
        Source: MAAR #10218077 Report a problem
        10/2/2025Listing removed$1,475,000
        Source: MAAR #10194802 Report a problem
        8/27/2025Price change$1,475,000-6.3%
        Source: MAAR #10194802 Report a problem
        7/3/2025Price change$1,575,000-1.6%
        Source: MAAR #10194802 Report a problem
        6/3/2025Price change$1,600,000-3%
        Source: MAAR #10194802 Report a problem
        4/22/2025Listed for sale$1,650,000-7%
        Source: MAAR #10194802 Report a problem
        3/23/2025Listing removed$1,775,000
        Source: MAAR #10179938 Report a problem
        3/13/2025Price change$1,775,000-7.8%
        Source: MAAR #10179938 Report a problem
        11/15/2024Price change$1,925,000-2.5%
        Source: MAAR #10179938 Report a problem
        10/2/2024Price change$1,975,000-6%
        Source: MAAR #10179938 Report a problem
        9/23/2024Price change$2,100,000-4.5%
        Source: MAAR #10179938 Report a problem
        8/26/2024Listed for sale$2,200,000+25.8%
        Source: MAAR #10179938 Report a problem
        8/28/2022Listing removed--
        Source: MAAR #10120803 Report a problem
        6/22/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        6/17/2022Price change$700-17.6%
        Source: Zillow Rental Network Premium Report a problem
        4/22/2022Price change$1,749,000-7.9%
        Source: MAAR #10120803 Report a problem
        4/1/2022Listed for sale$1,899,000+99.9%
        Source: MAAR #10120803 Report a problem
        11/19/2021Price change$850-12.8%
        Source: Zillow Rental Network Premium Report a problem
        11/8/2021Listed for rent$975+85.7%
        Source: Zillow Rental Network Premium Report a problem
        4/1/2021Sold$950,000+137.5%
        Source: Public Record Report a problem
        12/15/2020Listing removed$525
        Source: Lubin Property Management, LLC #10085844 Report a problem
        12/1/2020Listed for rent$525
        Source: Lubin Property Management, LLC #10085844 Report a problem
        5/3/2017Sold$400,000+207.7%
        Source: Public Record Report a problem
        3/20/2013Sold$130,000+1394.3%
        Source: Public Record Report a problem
        11/25/1998Sold$8,700
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,479 +236.8%$559,280 +320.8%
        2024$8,753 +8.1%$132,920
        2023$8,097 $132,920
        2022-- $132,920
        2021-- $132,920 +15.7%
        2020$3,672 $114,880
        2019$3,672 -21.1%$114,880
        2018$4,653 -28.9%$114,880 +29.7%
        2017$6,540 +110.2%$88,600 -3.2%
        2016$3,111 +32.7%$91,510
        2014$2,344 $91,510 +24.5%
        2010-- $73,520
        2007-- $73,520
        2006-- $73,520 -51.9%
        2005-- $152,880 +85.5%
        2001-- $82,400 -29.8%
        2000-- $117,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        42 / 100
        Car-Dependent
        40 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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