Sold for $140,000

$140,000

1278 Edith Ave, Memphis, TN 38106

4beds

1,325sqft

Duplex

Built in 1961

-- sqft lot

$139,700 Zestimate^®

$106/sqft

$978 Estimated rent

Home value

$139,700

$133,000 - $147,000

$978/mo

Zestimate^® history

Owner options

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$978/mo

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$978/mo

Rent Zestimate^®

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$923/mo

Est. payment

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$923/mo

Est. payment

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What's special

Brick exteriorNew hvacNew plumbing

Cash flowing rental property (duplex) for sale. Brick exterior and updated in many ways. Roof is about 3 years old. Other recent improvements: windows, new plumbing, updated electrical, 2 new water tanks, new HVAC, paint LVP flooring and more. Both side of this duplex are currently rented at $730 and $700 ($1430 total) so this is not quite a 1% rule but it is very close. This is a situation where showings can only be arranged after an accepted offer (contingent upon inspection or walk through.) Property is walking distance to shopping and transit. Tenants pay all utilities. Appliances stay with the property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Natural Gas

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

Updated/Renovated Kit, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl

Interior area

Total interior livable area: 1,325 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,500 sqft
Dimensions: 50 x 150
Features: Some Trees

Details

Parcel number: 026073 00018

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer

Condition

Year built: 1961

Community & neighborhood

Location

Region: Memphis
Subdivision: Walk Blk C

HOA & financial

Other financial information

Total actual rent: 1430

Other

Other facts

Listing terms: Conventional

Price history

Date	Event	Price
3/6/2026	Sold	$140,000-6.6%$106/sqft
Source: MAAR #10209924 Report a problem
2/3/2026	Pending sale	$149,900$113/sqft
Source: MAAR #10209924 Report a problem
11/24/2025	Price change	$149,900-3.3%$113/sqft
Source: MAAR #10209924 Report a problem
11/17/2025	Listed for sale	$154,950+47.6%$117/sqft
Source: MAAR #10209924 Report a problem
8/16/2023	Sold	$105,000-4.5%$79/sqft
Source: RealTracs MLS as distributed by MLS GRID #3095107 Report a problem
7/4/2023	Contingent	$110,000$83/sqft
Source: MAAR #10147423 Report a problem
6/25/2023	Price change	$110,000+10%$83/sqft
Source: MAAR #10147423 Report a problem
6/23/2023	Price change	$100,000-21.8%$75/sqft
Source: MAAR #10147423 Report a problem
6/9/2023	Price change	$127,900-1.5%$97/sqft
Source: MAAR #10147423 Report a problem
5/5/2023	Listed for sale	$129,900+8.3%$98/sqft
Source: MAAR #10147423 Report a problem
2/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/24/2023	Listed for rent	$650
Source: Zillow Rentals Report a problem
12/27/2022	Sold	$120,000-7.6%$91/sqft
Source: Public Record Report a problem
11/15/2022	Pending sale	$129,900$98/sqft
Source: MAAR #10136440 Report a problem
11/7/2022	Price change	$129,900-0.1%$98/sqft
Source: MAAR #10136440 Report a problem
10/26/2022	Price change	$130,000-13.3%$98/sqft
Source: MAAR #10136440 Report a problem
9/14/2022	Listed for sale	$150,000$113/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,788 +263%	$33,920 +353.5%
2024	$493 +8.1%	$7,480
2023	$456	$7,480
2022	--	$7,480
2021	--	$7,480 -25.2%
2020	$320	$10,000
2019	$320 -21.1%	$10,000
2018	$405 -45.1%	$10,000
2017	$738 +110.4%	$10,000 -3.1%
2016	$351 -30.5%	$10,320
2014	$505	$10,320
2013	--	$10,320 -34.8%
2012	--	$15,840
2011	--	$15,840
2010	--	$15,840
2009	--	$15,840 +12.5%
2008	--	$14,080
2007	--	$14,080
2006	--	$14,080
2005	--	$14,080 +3.8%
2004	--	$13,560
2003	--	$13,560
2002	--	$13,560
2001	--	$13,560 +47.4%
2000	--	$9,200