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Sold for $158,500
  • $158,500

    1249 Marksman St, Memphis, TN 38106

    3beds
    1,108sqft
    Single Family Residence
    Built in 2025
    3,920 Square Feet Lot
    $162,000 Zestimate®
    $143/sqft
    $1,399 Estimated rent

    Home value

    $162,000

    $154,000 - $170,000

    $1,399/mo

    Zestimate® history
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    $1,069/mo

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    What's special

    Open-concept floor plan
    Calling All Investors!!! Seller offering $ 3,500 buyer credit for closing cost and pre-pays Don't miss this excellent opportunity to own a newly constructed investment property with an established tenant already in place. The tenant is currently under a 12-month lease at $1,500 per month, providing immediate rental income. This well-appointed home features 3 bedrooms, 2 full bathrooms, and an open-concept floor plan. The kitchen comes complete with appliances, making it move-in ready. Conveniently located just minutes from the Stax Museum of American Soul Music and LeMoyne-Owen College, this property offers strong rental appeal in a growing area. Start generating income from day one with this turnkey investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenya A Harrison,

    Infinity Group REALTORS, Inc.

    Bought with:

    Jovett L Thomas

    Crye-Leike, Inc., REALTORS

    Source: MAAR,MLS#: 10226590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Other (See Remarks)
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Primary bathroom
    • Features: Full Bath
    Dining room
    • Dimensions: 0 x 0
    Kitchen
    • Features: Eat-in Kitchen, Breakfast Bar, Pantry
    Living room
    • Dimensions: 0 x 0
    Den
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range/Oven, Disposal, Dishwasher
    Features
    • All Bedrooms Down, 1 or More BR Down, Primary Down, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Square Feet Source: Floor Plans (Builder/Architecture)
    • Flooring: Concrete
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,108 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 34 x 119
    • Features: Level
    Details
    • Parcel number: 025050 00013

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition Shingles
    Condition
    • New construction: No
    • Year built: 2025

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Thompson
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $3,800
    • Annual tax amount: $46
    • Price range: $158.5K - $158.5K
    • Date on market: 7/21/2026
    • Cumulative days on market: 191 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/22/2026Sold$158,500-3.9%$143/sqft
    Source: MAAR #10226590 Report a problem
    8/13/2026Pending sale$165,000$149/sqft
    Source: MAAR #10226590 Report a problem
    7/31/2026Price change$165,000-2.4%$149/sqft
    Source: MAAR #10226590 Report a problem
    7/21/2026Listed for sale$169,000$153/sqft
    Source: MAAR #10226590 Report a problem
    6/25/2026Listing removed$169,000$153/sqft
    Source: MAAR #10208541 Report a problem
    5/27/2026Price change$169,000-0.5%$153/sqft
    Source: MAAR #10208541 Report a problem
    4/30/2026Price change$169,900-4%$153/sqft
    Source: MAAR #10208541 Report a problem
    3/11/2026Price change$176,900-1.7%$160/sqft
    Source: MAAR #10208541 Report a problem
    10/27/2025Listed for sale$179,900$162/sqft
    Source: MAAR #10208541 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- --
    2024-- --
    2023-- --
    2022-- --
    2021-- $750
    2020$24 $750
    2019$24 -21.1%$750
    2018$30 -45.1%$750
    2017$55 +117.2%$750
    2016$25 -88.6%$750 -87.4%
    2014$224 $5,950
    2013-- $5,950 -15.3%
    2012-- $7,025
    2011-- $7,025
    2010-- $7,025
    2009-- $7,025
    2008-- $7,025
    2007-- $7,025
    2006-- $7,025
    2005-- $7,025 +20.6%
    2004-- $5,825
    2003-- $5,825
    2002-- $5,825
    2001-- $5,825 +29.4%
    2000-- $4,500
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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