For sale

Price cut: $9.9K (7/18)

$115,000

1240 Ethel St, Memphis, TN 38114

8beds

1,392sqft

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Duplex

Built in 2013

-- sqft lot

$-- Zestimate^®

$83/sqft

$-- HOA

What's special

Each unit - 4 bedrooms - 2 baths, Ready to Sell. Repairs needed

29 days

370

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Other (See Remarks)

Cooling

Other (See Remarks)

Appliances

Included: Electric Water Heater

Features

LR/DR Combination, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Interior area

Total interior livable area: 1,392 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 5,600 Square Feet
Dimensions: 50 x 112
Features: Level, Corner Lot

Details

Parcel number: 061006 00023

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer

Condition

Year built: 2013

Community & HOA

Community

Subdivision: Lamberts Park Ave

Location

Region: Memphis

Financial & listing details

Price per square foot: $83/sqft
Tax assessed value: $241,500
Annual tax amount: $5,092
Date on market: 6/21/2026
Cumulative days on market: 30 days
Listing terms: Conventional,Other (See Remarks)
Lease term: Other (Call LA)

Estimated market value

Not available

Estimated sales range

Not available

$1,312/mo

Price history

Date	Event	Price
7/18/2026	Price change	$115,000-7.9%$83/sqft
Source: MAAR #10224476 Report a problem
6/21/2026	Listed for sale	$124,900-10.8%$90/sqft
Source: MAAR #10224476 Report a problem
5/1/2026	Listing removed	$139,999$101/sqft
Source: MAAR #10212185 Report a problem
1/6/2026	Listed for sale	$139,999-3.4%$101/sqft
Source: MAAR #10212185 Report a problem
1/1/2026	Listing removed	$145,000$104/sqft
Source: MAAR #10205877 Report a problem
12/4/2025	Listed for sale	$145,000$104/sqft
Source: MAAR #10205877 Report a problem
11/21/2025	Pending sale	$145,000$104/sqft
Source: MAAR #10205877 Report a problem
10/31/2025	Price change	$145,000-3.3%$104/sqft
Source: MAAR #10205877 Report a problem
9/17/2025	Listed for sale	$150,000$108/sqft
Source: MAAR #10205877 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,092 +69.9%	$96,600 +112.2%
2024	$2,998 +8.1%	$45,520
2023	$2,773	$45,520
2022	--	$45,520
2021	--	$45,520 +0.6%
2020	$1,446	$45,240
2019	$1,446 -21.1%	$45,240
2018	$1,832 -45.1%	$45,240
2017	$3,339 +119.2%	$45,240 +1%
2016	$1,523 +4559.5%	$44,800
2014	$33	$44,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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