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Sold for $16,900
    • $16,900

    1225 Merchant St, Memphis, TN 38108

    2beds
    696sqft
    Single Family Residence
    Built in 1946
    4,791 Square Feet Lot
    $16,900 Zestimate®
    $24/sqft
    $901 Estimated rent

    Home value

    $16,900

    $16,000 - $18,000

    $901/mo

    Zestimate® history
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    What's special

    BACK ON MARKET - Seller recently made several updates to make the property structurally sound again. This property still in need of a full cosmetic rehab and could be a great flip opportunity as well as a profitable rental investment. Walking distance to parks as well as close interstate access. Please do all due diligence and inspections before presenting an offer. Seller recently put on a brand new roof. Call Broker Bay for showing appointments and listing agent with any questions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Bowman,

    Weichert, REALTORS-BenchMark

    Bought with:

    Dee Hall

    Regency Realty, LLC

    Source: MAAR,MLS#: 10168859MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Dimensions: 0 x 0
    Dining room
    • Dimensions: 0 x 0
    Living room
    • Dimensions: 0 x 0
    Den
    • Dimensions: 0 x 0
    Heating
    • Other (See REMARKS)
    Cooling
    • Other (See REMARKS)
    Features
    • Other (See Remarks)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 696 sqft

    Property

    Parking
    • Parking features: Other (See REMARKS)
    Features
    • Stories: 1
    • Exterior features: Other (See REMARKS)
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 50 x 98
    • Features: Other (See Remarks)
    Details
    • Parcel number: 040044 00006

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1946

    Community & HOA

    Community
    • Subdivision: Union Heights
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $24/sqft
    • Tax assessed value: $23,300
    • Annual tax amount: $345
    • Price range: $16.9K - $16.9K
    • Date on market: 12/3/2024
    • Cumulative days on market: 424 days

    Price history

    DateEventPrice
    9/12/2025Sold$16,900$24/sqft
    Source: MAAR #10168859 Report a problem
    8/19/2025Price change$16,900-5.6%$24/sqft
    Source: MAAR #10168859 Report a problem
    8/5/2025Price change$17,900-5.3%$26/sqft
    Source: MAAR #10168859 Report a problem
    7/15/2025Price change$18,900-5%$27/sqft
    Source: MAAR #10168859 Report a problem
    6/25/2025Price change$19,900-5.2%$29/sqft
    Source: MAAR #10168859 Report a problem
    4/24/2025Price change$21,000-4.5%$30/sqft
    Source: MAAR #10168859 Report a problem
    4/5/2025Price change$22,000-4.3%$32/sqft
    Source: MAAR #10168859 Report a problem
    2/5/2025Price change$23,000-11.5%$33/sqft
    Source: MAAR #10168859 Report a problem
    1/8/2025Price change$26,000-13%$37/sqft
    Source: MAAR #10168859 Report a problem
    12/3/2024Listed for sale$29,900+30%$43/sqft
    Source: MAAR #10168859 Report a problem
    10/8/2024Listing removed$23,000$33/sqft
    Source: MAAR #10168859 Report a problem
    8/14/2024Pending sale$23,000$33/sqft
    Source: MAAR #10168859 Report a problem
    5/30/2024Price change$23,000-11.5%$33/sqft
    Source: MAAR #10168859 Report a problem
    3/28/2024Listed for sale$26,000-1.9%$37/sqft
    Source: MAAR #10168859 Report a problem
    12/18/2023Listing removed--
    Source: MAAR #10131225 Report a problem
    9/14/2023Price change$26,500-3.6%$38/sqft
    Source: MAAR #10131225 Report a problem
    12/9/2022Price change$27,500-8%$40/sqft
    Source: MAAR #10131225 Report a problem
    9/19/2022Price change$29,900-25.1%$43/sqft
    Source: MAAR #10131225 Report a problem
    8/15/2022Listed for sale$39,900$57/sqft
    Source: MAAR #10131225 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$307 -17.5%$5,825 +3.1%
    2024$372 +8.1%$5,650
    2023$344 $5,650
    2022-- $5,650
    2021-- $5,650 +20.2%
    2020$150 $4,700
    2019$150 -21.1%$4,700
    2018$190 -45.1%$4,700
    2017$347 +115.9%$4,700 -0.5%
    2016$161 -8.4%$4,725
    2014$175 $4,725
    2013-- $4,725 -14.1%
    2012-- $5,500
    2011-- $5,500
    2010-- $5,500
    2009-- $5,500 -13.4%
    2008-- $6,350
    2007-- $6,350
    2006-- $6,350
    2005-- $6,350 +55.8%
    2004-- $4,075
    2003-- $4,075
    2002-- $4,075
    2001-- $4,075 -18.9%
    2000-- $5,025
    Find assessor info on the county website

    Neighborhood: Midtown

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