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For sale
  • $500,000

    1261 Central Ave, Memphis, TN 38104

    --beds
    --baths
    2,748sqft
    : 
    $3,345/mo
    Get pre-qualified
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Your opportunity to own a beautiful historic apartment building in the Annesdale Snowden Historic District in the heart of midtown. This building features 6 units ranging from studios to two bedrooms. Contact an agent today for more information or to schedule a viewing.
    7 hours
    18
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin L Woods,

    Crye-Leike, Inc., REALTORS 901-756-8900

    Source: MAAR,MLS#: 10229655MLS Logo

      Facts & features

      Interior

      Heating
      • Natural Gas
      Cooling
      • 1 Window Unit per Unit
      Appliances
      • Included: Refrigerator, Range/Oven (Freestanding), Gas Water Heater
      • Laundry: Connections, Dryer in Unit, Washer in Unit
      Features
      • Flooring: Hardwood, Tile
      • Basement: Full,Unfinished
      • Furnished: Yes
      Interior area
      • Total interior livable area: 2,748 sqft

      Property

      Parking
      • Parking features: Gravel, Less Than 1 Per Unit
      Features
      • Exterior features: Sidewalks, Some Landscaping
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 60 x 150
      • Features: Historic District
      Details
      • Parcel number: 015012 00007

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Veneer, Shake/Shingle
      • Roof: Shingle/Shake
      Condition
      • Year built: 1917

      Community & HOA

      Community
      • Subdivision: Snowden Homestead
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $252,400
      • Annual tax amount: $5,322
      • Date on market: 9/3/2026
      • Listing terms: Conventional,FHA/VA
      • Inclusions: All Appliances, All Furnishings
      • Lease term: 12 Months
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,187/mo

        Price history

        DateEventPrice
        9/3/2026Listed for sale$500,000-2%$182/sqft
        Source: MAAR #10229655 Report a problem
        8/25/2026Listing removed$1,250
        Source: Zillow Rentals Report a problem
        7/16/2026Listed for rent$1,250
        Source: Zillow Rentals Report a problem
        5/14/2025Listing removed$510,000$186/sqft
        Source: MAAR #10180386 Report a problem
        4/8/2025Price change$510,000+13.3%$186/sqft
        Source: MAAR #10180386 Report a problem
        2/5/2025Price change$450,000-6.3%$164/sqft
        Source: MAAR #10180386 Report a problem
        12/21/2024Price change$480,000-4%$175/sqft
        Source: MAAR #10180386 Report a problem
        12/13/2024Listed for sale$500,000$182/sqft
        Source: MAAR #10180386 Report a problem
        12/9/2024Pending sale$500,000$182/sqft
        Source: MAAR #10180386 Report a problem
        9/2/2024Listed for sale$500,000+11.1%$182/sqft
        Source: MAAR #10180386 Report a problem
        6/6/2024Listing removed--
        Source: MAAR #10168971 Report a problem
        4/29/2024Price change$450,000-6.3%$164/sqft
        Source: MAAR #10168971 Report a problem
        3/29/2024Listed for sale$480,000+6.7%$175/sqft
        Source: MAAR #10168971 Report a problem
        8/24/2023Listing removed--
        Source: MAAR #10150427 Report a problem
        6/19/2023Listed for sale$450,000+12.5%$164/sqft
        Source: MAAR #10150427 Report a problem
        8/24/2022Sold$400,000-14.7%$146/sqft
        Source: MAAR #10118160 Report a problem
        4/1/2022Pending sale$469,000$171/sqft
        Source: MAAR #10118160 Report a problem
        3/18/2022Listed for sale$469,000$171/sqft
        Source: MAAR #10118160 Report a problem
        3/14/2022Pending sale$469,000$171/sqft
        Source: MAAR #10118160 Report a problem
        2/23/2022Listed for sale$469,000+23.7%$171/sqft
        Source: MAAR #10118160 Report a problem
        3/3/2021Listing removed--
        Source: MAAR #10089238 Report a problem
        2/26/2021Listed for sale$379,000$138/sqft
        Source: MAAR #10089238 Report a problem
        2/16/2021Pending sale$379,000$138/sqft
        Source: MAAR #10089238 Report a problem
        2/4/2021Listed for sale$379,000+136.9%$138/sqft
        Source: MAAR #10089238 Report a problem
        8/20/2018Sold$160,000+10.3%$58/sqft
        Source: Public Record Report a problem
        7/1/2004Sold$145,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,321 -4.3%$100,960 +19.6%
        2024$5,558 +8.1%$84,400
        2023$5,141 $84,400 +19.6%
        2022-- $70,560
        2021-- $70,560 +21.7%
        2020$1,852 $57,960
        2019$1,852 -21.1%$57,960
        2018$2,347 -17.3%$57,960 +50.6%
        2017$2,840 +181.7%$38,475 +29.8%
        2016$1,008 -5.8%$29,650
        2014$1,070 $29,650
        2013-- $29,650 -11.6%
        2012-- $33,550
        2011-- $33,550
        2010-- $33,550
        2009-- $33,550 +1.8%
        2008-- $32,950
        2007-- $32,950
        2006-- $32,950
        2005-- $32,950 +18.2%
        2004-- $27,875
        2003-- $27,875
        2002-- $27,875
        2001-- $27,875 +17%
        2000-- $23,825
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        53 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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