Closed

$109,500

1280 Wedgewood St, Memphis, TN 38111

3beds

1,048sqft

Single Family Residence, Residential

Built in 1954

6,969.6 Square Feet Lot

$107,600 Zestimate^®

$104/sqft

$1,106 Estimated rent

Home value

$107,600

$100,000 - $116,000

$1,106/mo

Zestimate^® history

Owner options

List your home for rent

$1,106/mo

Rent Zestimate^®

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$1,106/mo

Rent Zestimate^®

Refinance and save

$551/mo

Est. payment

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$551/mo

Est. payment

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What's special

Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has hardwood floors, covered parking, and nice tenant who has been there 8 years. Rented at $875, tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Seller has multiple properties for sale (can buy them individually or in bulk)...please do not disturb or approach the tenant. Make offer contingent on inspection. No sign. No wholesalers, no assignments, no creative financing or owner financing....Cash or conventional offers only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Pantry
Flooring: Carpet

Interior area

Total structure area: 1,048
Total interior livable area: 1,048 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Parking Pad
Carport spaces: 1
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 6,969 sqft
Dimensions: 60 x 120

Details

Parcel number: 058137 00022
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Condition

New construction: No
Year built: 1954

Community & neighborhood

Location

Region: Memphis
Subdivision: Polo Club Estates

Price history

Date	Event	Price
11/12/2025	Listing removed	$1,300$1/sqft
Source: Zillow Rentals Report a problem
7/9/2025	Listed for rent	$1,300$1/sqft
Source: Zillow Rentals Report a problem
3/31/2025	Sold	$109,500-4.8%$104/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084398 Report a problem
2/15/2025	Pending sale	$115,000$110/sqft
Source: MAAR #10189574 Report a problem
2/7/2025	Listed for sale	$115,000+85.5%$110/sqft
Source: MAAR #10189574 Report a problem
9/18/2006	Sold	$62,000$59/sqft
Source: Public Record Report a problem
4/12/2002	Sold	$62,000+6.9%$59/sqft
Source: Public Record Report a problem
1/24/2002	Sold	$58,017$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,351 +33.6%	$25,625 +66.9%
2024	$1,011 +8.1%	$15,350
2023	$935	$15,350
2022	--	$15,350
2021	--	$15,350 +19%
2020	$412	$12,900
2019	$412 -21.1%	$12,900
2018	$522 -45.1%	$12,900
2017	$952 +161.1%	$12,900 +20.3%
2016	$365 -16.1%	$10,725
2014	$434	$10,725 -17.5%
2013	--	$13,000 +5.1%
2012	--	$12,375 -9.2%
2011	--	$13,625 -16.2%
2010	--	$16,250 -6.2%
2009	--	$17,325 +9.1%
2008	--	$15,875
2007	--	$15,875
2006	--	$15,875
2005	--	$15,875 +9.5%
2004	--	$14,500
2003	--	$14,500
2002	--	$14,500
2001	--	$14,500 +3.2%
2000	--	$14,050