Sold for $40,000

Zestimate^®

$40,000

1242 Airways Blvd, Memphis, TN 38114

3beds

739sqft

Single Family Residence

Built in 1964

3,049 Square Feet Lot

$40,000 Zestimate^®

$54/sqft

$1,009 Estimated rent

Home value

$40,000

$38,000 - $42,000

$1,009/mo

Zestimate^® history

Owner options

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$1,009/mo

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$1,009/mo

Rent Zestimate^®

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$201/mo

Est. payment

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$201/mo

Est. payment

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What's special

Updated bathroom

Huge Price Reduction. This updated home has 3 bedrooms, 1 bathroom and an updated bathroom and kitchen. This home could be a good investment for an owner occupant or investor. located in the center of Memphis, makes it easy access to all things Memphis...Memphis International Airport – MEM, the Zoo, Overton Square, Overton Park, the University of Memphis, downtown, the interstate, shopping and restaurants. It is currently being marketed for rent also for $1100/month. No wholesalers, seller financing, or creative financing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Area: 121
Dimensions: 11 x 11

Bedroom 2

Level: First
Area: 110
Dimensions: 11 x 10

Bedroom 3

Level: First
Area: 99
Dimensions: 9 x 11

Dining room

Area: 56
Dimensions: 8 x 7

Kitchen

Features: Eat-in Kitchen, Updated/Renovated Kitchen, W/D Connection in Kitchen
Area: 64
Dimensions: 8 x 8

Living room

Features: Separate Living Room
Area: 132
Dimensions: 12 x 11

Heating

Central

Cooling

Other (See REMARKS)

Appliances

Included: Gas Water Heater

Features

All Bedrooms Down, Renovated Bathroom, Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 739 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Covered Patio
Pool features: None

Lot

Size: 3,049 Square Feet
Dimensions: 50 x 69
Features: Other (See Remarks)

Details

Parcel number: 029054 00033

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1964

Community & HOA

Community

Security: Dead Bolt Lock(s), Iron Door(s), Wrought Iron Security Drs
Subdivision: Orange Mound

Location

Region: Memphis

Financial & listing details

Price per square foot: $54/sqft
Tax assessed value: $31,700
Annual tax amount: $418
Price range: $40K - $40K
Date on market: 4/8/2026
Cumulative days on market: 24 days
Listing terms: Conventional

Price history

Date	Event	Price
5/22/2026	Sold	$40,000-20%$54/sqft
Source: MAAR #10218707 Report a problem
5/7/2026	Pending sale	$50,000$68/sqft
Source: MAAR #10218707 Report a problem
5/4/2026	Listed for sale	$50,000$68/sqft
Source: MAAR #10218707 Report a problem
4/30/2026	Pending sale	$50,000$68/sqft
Source: MAAR #10218707 Report a problem
4/28/2026	Price change	$50,000-28.6%$68/sqft
Source: MAAR #10218707 Report a problem
4/8/2026	Listed for sale	$70,000+21.7%$95/sqft
Source: MAAR #10218707 Report a problem
4/3/2026	Listing removed	$1,100$1/sqft
Source: Zillow Rentals Report a problem
2/13/2026	Listed for rent	$1,100$1/sqft
Source: Zillow Rentals Report a problem
8/22/2023	Sold	$57,500$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$418 +30.8%	$7,925 +63.4%
2024	$319 +8.1%	$4,850
2023	$295	$4,850
2022	--	$4,850
2021	--	$4,850 +19.8%
2020	$129	$4,050
2019	$129 -21.1%	$4,050
2018	$164 -45.1%	$4,050
2017	$299 +98.7%	$4,050 -8.5%
2016	$150 -29.1%	$4,425
2014	$212	$4,425
2013	--	$4,425 -33.5%
2012	--	$6,650
2011	--	$6,650
2010	--	$6,650
2009	--	$6,650 -8.6%
2008	--	$7,275
2007	--	$7,275
2006	--	$7,275
2005	--	$7,275 -6.4%
2004	--	$7,775
2003	--	$7,775
2002	--	$7,775
2001	--	$7,775 +30.1%
2000	--	$5,975