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.
Sold for $16,900
$16,900
1225 Merchant St, Memphis, TN 38108
2beds
696sqft
Single Family Residence
Built in 1946
4,791.6 Square Feet Lot
$16,800 Zestimate®
$24/sqft
$928 Estimated rent
Home value
$16,800
$16,000 - $18,000
$928/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tyler Bowman,
Weichert, REALTORS-BenchMark
Bought with:
Dee Hall
Regency Realty, LLC
Source: MAAR,MLS#: 10168859
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 sqft
- 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 & neighborhood
Location
- Region: Memphis
- Subdivision: Union Heights
Other
Other facts
- Price range: $16.9K - $16.9K
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $16,900$24/sqft |
Source:  MAAR #10168859 Report a problem | ||
| 8/19/2025 | Price change | $16,900-5.6%$24/sqft |
Source: MAAR #10168859 Report a problem | ||
| 8/5/2025 | Price change | $17,900-5.3%$26/sqft |
Source: MAAR #10168859 Report a problem | ||
| 7/15/2025 | Price change | $18,900-5%$27/sqft |
Source: MAAR #10168859 Report a problem | ||
| 6/25/2025 | Price change | $19,900-5.2%$29/sqft |
Source: MAAR #10168859 Report a problem | ||
| 4/24/2025 | Price change | $21,000-4.5%$30/sqft |
Source: MAAR #10168859 Report a problem | ||
| 4/5/2025 | Price change | $22,000-4.3%$32/sqft |
Source: MAAR #10168859 Report a problem | ||
| 2/5/2025 | Price change | $23,000-11.5%$33/sqft |
Source: MAAR #10168859 Report a problem | ||
| 1/8/2025 | Price change | $26,000-13%$37/sqft |
Source: MAAR #10168859 Report a problem | ||
| 12/3/2024 | Listed for sale | $29,900+30%$43/sqft |
Source: MAAR #10168859 Report a problem | ||
| 10/8/2024 | Listing removed | $23,000$33/sqft |
Source: MAAR #10168859 Report a problem | ||
| 8/14/2024 | Pending sale | $23,000$33/sqft |
Source: MAAR #10168859 Report a problem | ||
| 5/30/2024 | Price change | $23,000-11.5%$33/sqft |
Source: MAAR #10168859 Report a problem | ||
| 3/28/2024 | Listed for sale | $26,000-1.9%$37/sqft |
Source: MAAR #10168859 Report a problem | ||
| 12/18/2023 | Listing removed | -- |
Source: MAAR #10131225 Report a problem | ||
| 9/14/2023 | Price change | $26,500-3.6%$38/sqft |
Source: MAAR #10131225 Report a problem | ||
| 12/9/2022 | Price change | $27,500-8%$40/sqft |
Source: MAAR #10131225 Report a problem | ||
| 9/19/2022 | Price change | $29,900-25.1%$43/sqft |
Source: MAAR #10131225 Report a problem | ||
| 8/15/2022 | Listed for sale | $39,900$57/sqft |
Source: MAAR #10131225 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 3/10Vollentine Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 2.6 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 1.8 mi
- Tennessee
- Shelby County
- Memphis
- 38108
- Midtown
- 1225 Merchant 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
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