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
For sale
Price cut: $2K (7/30)
$12,000
1255 Lion St, Memphis, TN 38107
3beds
640sqft
Single Family Residence
Built in 1913
7,405 Square Feet Lot
$-- Zestimate®
$19/sqft
$-- HOA
What's special
- 78 days
- 247
- 17
Zillow last checked:
Listing updated:
Listed by:
Geraldine Lewis,
Keller Williams 901-261-7900
Source: MAAR,MLS#: 10223942
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: $19/sqft
- Tax assessed value: $19,000
- Annual tax amount: $251
- Price range: $12K - $12K
- Date on market: 6/14/2026
- Cumulative days on market: 79 days
Estimated market value
Not available
Estimated sales range
Not available
$884/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $12,000-14.3%$19/sqft |
Source:  MAAR #10223942 Report a problem | ||
| 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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Neighborhood: Downtown
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