Closed

$204,800

1050 Gordon St, Memphis, TN 38122

4beds

2baths

1,588sqft

Multi Family

Built in 1959

-- sqft lot

$174,000 Zestimate^®

$129/sqft

$1,104 Estimated rent

Home value

$174,000

$153,000 - $193,000

$1,104/mo

Zestimate^® history

Owner options

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$1,104/mo

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$1,104/mo

Rent Zestimate^®

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$1,325/mo

Est. payment

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$1,325/mo

Est. payment

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What's special

Duplex that is a single story offering an amazing cash flow return for the price! 2 bedrooms on each side with a bathroom in each. Good central location and tenants who have been at the property for several years. Outside parking for both units along the sides. Make your next investment here!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Flooring: Carpet, Laminate, Vinyl

Interior area

Total structure area: 1,588
Total interior livable area: 1,588 sqft

Property

Features

Levels: Three Or More
Stories: 1

Lot

Size: 6,800 sqft
Dimensions: 50 x 136

Details

Parcel number: 038052 00022
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1959

Community & neighborhood

Location

Region: Memphis
Subdivision: Richard Louis

HOA & financial

Other financial information

Total actual rent: 1030

Price history

Date	Event	Price
1/7/2025	Sold	$204,800+104.8%$129/sqft
Source: Public Record Report a problem
11/6/2024	Listing removed	$850$1/sqft
Source: Zillow Rentals Report a problem
11/4/2024	Listed for rent	$850$1/sqft
Source: Zillow Rentals Report a problem
7/31/2024	Sold	$100,000-31%$63/sqft
Source: RealTracs MLS as distributed by MLS GRID #3094451 Report a problem
6/26/2024	Pending sale	$145,000$91/sqft
Source: MAAR #10173069 Report a problem
5/24/2024	Listed for sale	$145,000+178.8%$91/sqft
Source: MAAR #10173069 Report a problem
12/1/2016	Sold	$52,000-5.5%$33/sqft
Source: Public Record Report a problem
11/4/2016	Listed for sale	$55,000-10.1%$35/sqft
Source: REMAX Real Estate Experts, LLC #9990103 Report a problem
10/4/2002	Sold	$61,200$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,536 +82%	$48,120 +127.4%
2024	$1,393 +8.1%	$21,160
2023	$1,289	$21,160
2022	--	$21,160
2021	--	$21,160 +0.4%
2020	$674	$21,080
2019	$674 -21.1%	$21,080
2018	$854 -45.1%	$21,080
2017	$1,556 +98.6%	$21,080 -8.5%
2016	$783 -12.1%	$23,040
2014	$892	$23,040
2013	--	$23,040 -17.6%
2012	--	$27,960
2011	--	$27,960
2010	--	$27,960 -18.8%
2009	--	$34,440 -0.9%
2008	--	$34,760
2007	--	$34,760
2006	--	$34,760
2005	--	$34,760 +44.8%
2004	--	$24,000
2003	--	$24,000
2002	--	$24,000 -9.2%
2001	--	$26,440 +19.7%
2000	--	$22,080