Income-producing investment opportunity in Memphis! This tenant-occupied property offers immediate rental income and is an excellent addition to any investment portfolio. Well-maintained and currently occupied, providing a turnkey opportunity for investors seeking cash flow. Please do not disturb tenant. Property is being sold as-is. Conveniently located near schools, shopping, dining, and major transportation routes.
For sale
Price cut: $5.5K (7/6)
$109,500
1351 E Mallory Ave, Memphis, TN 38106
4beds
2,284sqft
:
Get pre-qualified$770/mo
Single Family Residence
Built in 1936
9,147 Square Feet Lot
$-- Zestimate®
$48/sqft
$-- HOA
What's special
- 45 days |
- 360 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Venytra Stephens,
Keller Williams 901-221-5100
Source: MAAR,MLS#: 10224108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Kitchen Island, Pantry, Washer/Dryer Connections
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- 1 or More BR Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet, Part Hardwood
- Number of fireplaces: 1
Interior area
- Total interior livable area: 2,284 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad, Garage Faces Front
- Has garage: Yes
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1.5
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 9,147 Square Feet
- Dimensions: 50 x 188
- Features: Level, Some Trees
Details
- Parcel number: 060044 00003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1936
Community & HOA
Community
- Subdivision: South Park Terrace
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $48/sqft
- Tax assessed value: $87,900
- Annual tax amount: $1,158
- Price range: $109.5K - $109.5K
- Date on market: 6/16/2026
- Cumulative days on market: 56 days
Estimated market value
Not available
Estimated sales range
Not available
$1,629/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $109,500-4.8%$48/sqft |
Source:  MAAR #10224108 Report a problem | ||
| 6/11/2026 | Listed for sale | $115,000+360%$50/sqft |
Source: MAAR #10223690 Report a problem | ||
| 2/28/2020 | Listing removed | $25,000$11/sqft |
Source: Crye-Leike, Inc., REALTORS #10065425 Report a problem | ||
| 2/25/2020 | Price change | $25,000-3.8%$11/sqft |
Source: Crye-Leike, Inc., REALTORS #10065425 Report a problem | ||
| 12/19/2019 | Price change | $26,000-13.3%$11/sqft |
Source: Crye-Leike, Inc., REALTORS #10065425 Report a problem | ||
| 11/5/2019 | Listed for sale | $30,000-34.4%$13/sqft |
Source: Crye-Leike, Inc., REALTORS #10065425 Report a problem | ||
| 3/31/2014 | Sold | $45,700+1042.5%$20/sqft |
Source: Public Record Report a problem | ||
| 9/15/2011 | Sold | $4,000-84%$2/sqft |
Source: Agent Provided Report a problem | ||
| 7/23/2011 | Price change | $25,000-37.3%$11/sqft |
Source: Hobson Realtors #3224185 Report a problem | ||
| 5/21/2011 | Listed for sale | $39,900-6.7%$17/sqft |
Source: Hobson Realtors #3224185 Report a problem | ||
| 3/16/2011 | Sold | $42,769$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,158 +187.2% | $21,975 +258.8% |
| 2024 | $403 +8.1% | $6,125 |
| 2023 | $373 | $6,125 |
| 2022 | -- | $6,125 |
| 2021 | -- | $6,125 -23.7% |
| 2020 | $256 | $8,025 |
| 2019 | $256 -21.1% | $8,025 |
| 2018 | $325 -45.1% | $8,025 |
| 2017 | $592 +52.5% | $8,025 -29.8% |
| 2016 | $388 -14.7% | $11,425 |
| 2014 | $455 | $11,425 |
| 2013 | -- | $11,425 +33.2% |
| 2012 | -- | $8,575 -39.9% |
| 2011 | -- | $14,275 |
| 2010 | -- | $14,275 |
| 2009 | -- | $14,275 |
| 2008 | -- | $14,275 |
| 2007 | -- | $14,275 |
| 2006 | -- | $14,275 |
| 2005 | -- | $14,275 -21.7% |
| 2004 | -- | $18,225 |
| 2003 | -- | $18,225 |
| 2002 | -- | $18,225 -42.9% |
| 2001 | -- | $31,925 +56.7% |
| 2000 | -- | $20,375 |
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.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Hamilton High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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