Attention Investors! Don’t miss this turnkey investment opportunity with a tenant already in place. This well-maintained home features 2 bedrooms, 1 bathroom, a cozy living room, and a functional kitchen. Recent updates include a new roof (2022), new flooring in the kitchen and bathroom, new kitchen cabinets, and a newly updated waterline. The property also boasts a large fenced-in backyard, perfect for added tenant appeal. Currently rented for $750/month, this income-producing property is a solid addition to any portfolio.
Closed
$40,000
1194 Latham St, Memphis, TN 38106
2beds
1,134sqft
Single Family Residence, Residential
Built in 1900
5,662.8 Square Feet Lot
$39,800 Zestimate®
$35/sqft
$872 Estimated rent
Home value
$39,800
$37,000 - $43,000
$872/mo
Zestimate® history
Owner options
List your home for rent
$872/mo
Rent Zestimate®
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$872/mo
Rent Zestimate®
Refinance and save
$201/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$201/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Area Mays 901-335-9324,
KAIZEN REALTY LLC
Bought with:
Non-MLS Non-Board Agent
NON-MLS OR NON-BOARD OFFICE
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3034485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop
Features
- Flooring: Wood, Tile
- Number of fireplaces: 1
Interior area
- Total structure area: 1,134
- Total interior livable area: 1,134 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 5,662 sqft
- Dimensions: 40 x 148
Details
- Parcel number: 013052 00066
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Other
- Water: Other
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Trigg
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $40,000-20%$35/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3034485 Report a problem | ||
| 9/24/2025 | Pending sale | $50,000$44/sqft |
Source:  MAAR #10202449 Report a problem | ||
| 9/16/2025 | Price change | $50,000-9.1%$44/sqft |
Source: MAAR #10202449 Report a problem | ||
| 8/8/2025 | Price change | $55,000-21.4%$49/sqft |
Source: MAAR #10202449 Report a problem | ||
| 7/31/2025 | Listed for sale | $70,000-17.6%$62/sqft |
Source: MAAR #10202449 Report a problem | ||
| 11/29/2023 | Listing removed | -- |
Source: MAAR #10138279 Report a problem | ||
| 3/28/2023 | Listed for sale | $85,000$75/sqft |
Source: MAAR #10138279 Report a problem | ||
| 1/14/2023 | Listing removed | -- |
Source: MAAR #10138279 Report a problem | ||
| 11/28/2022 | Listed for sale | $85,000+44.1%$75/sqft |
Source: MAAR #10138279 Report a problem | ||
| 5/2/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/22/2022 | Pending sale | $59,000$52/sqft |
Source: Owner Report a problem | ||
| 3/21/2022 | Price change | $59,000-14.5%$52/sqft |
Source: Owner Report a problem | ||
| 3/19/2022 | Listed for sale | $69,000$61/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $482 +7.3% | $9,150 +34.1% |
| 2024 | $449 +8.1% | $6,825 |
| 2023 | $416 | $6,825 |
| 2022 | -- | $6,825 |
| 2021 | -- | $6,825 -1.1% |
| 2020 | $221 | $6,900 |
| 2019 | $221 -21.1% | $6,900 |
| 2018 | $279 -45.1% | $6,900 |
| 2017 | $509 +123.6% | $6,900 +3% |
| 2016 | $228 -14.2% | $6,700 |
| 2014 | $265 | $6,700 |
| 2013 | -- | $6,700 -19.5% |
| 2012 | -- | $8,325 |
| 2011 | -- | $8,325 |
| 2010 | -- | $8,325 |
| 2009 | -- | $8,325 |
| 2008 | -- | $8,325 |
| 2007 | -- | $8,325 |
| 2006 | -- | $8,325 |
| 2005 | -- | $8,325 +5.7% |
| 2004 | -- | $7,875 |
| 2003 | -- | $7,875 |
| 2002 | -- | $7,875 |
| 2001 | -- | $7,875 +4% |
| 2000 | -- | $7,575 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 3/10A B Hill Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Ida B Wells AcademyGrades: K-8Distance: 0.6 mi
- 3/10Hamilton High SchoolGrades: 9-12Distance: 2.2 mi
- Tennessee
- Shelby County
- Memphis
- 38106
- Downtown
- 1194 Latham St
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate
Nearby zip codes
Other Memphis Topics
