For sale

Price cut: $2K (7/7)

$14,000

1255 Lion St, Memphis, TN 38107

3beds

640sqft

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Single Family Residence

Built in 1913

7,405 Square Feet Lot

$-- Zestimate^®

$22/sqft

$-- HOA

What's special

Investment special! Great opportunity to renovate, rebuild, or add to your investment portfolio. Property is being sold AS-IS. This investment property is located just minutes from downtown and it is conveniently located near major highways

32 days

183

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
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

All Bedrooms Down, Square Feet Source: seller/public records
Has fireplace: No

Interior area

Total interior livable area: 640 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 150
Features: Corner Lot

Details

Parcel number: 039013 00010

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence
Attached to another structure: Yes

Condition

New construction: No
Year built: 1913

Community & HOA

Community

Subdivision: Lion Street

Location

Region: Memphis

Financial & listing details

Price per square foot: $22/sqft
Tax assessed value: $19,000
Annual tax amount: $251
Price range: $14K - $14K
Date on market: 6/14/2026
Cumulative days on market: 33 days

Estimated market value

Not available

Estimated sales range

Not available

$741/mo

Price history

Date	Event	Price
7/7/2026	Price change	$14,000-12.5%$22/sqft
Source: MAAR #10223942 Report a problem
6/14/2026	Listed for sale	$16,000$25/sqft
Source: MAAR #10223942 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$250 +50.6%	$4,750 +88.1%
2024	$166 +8.1%	$2,525
2023	$154	$2,525
2022	--	$2,525
2021	--	$2,525 +23.2%
2020	$66	$2,050
2019	$66 -21.1%	$2,050
2018	$83 -45.1%	$2,050
2017	$151 +102.3%	$2,050 -6.8%
2016	$75 -23.1%	$2,200
2014	$97	$2,200
2013	--	$2,200 -27.9%
2012	--	$3,050
2011	--	$3,050
2010	--	$3,050
2009	--	$3,050 -3.9%
2008	--	$3,175
2007	--	$3,175
2006	--	$3,175
2005	--	$3,175 +86.8%
2004	--	$1,700
2003	--	$1,700
2002	--	$1,700
2001	--	$1,700 -40.9%
2000	--	$2,875

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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