Closed

$65,000

1372 South Ave, Memphis, TN 38106

2beds

720sqft

Single Family Residence, Residential

Built in 1952

5,227 Square Feet Lot

$104,000 Zestimate^®

$90/sqft

$859 Estimated rent

Home value

$104,000

$90,000 - $115,000

$859/mo

Zestimate^® history

Owner options

List your home for rent

$859/mo

Rent Zestimate^®

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$859/mo

Rent Zestimate^®

Refinance and save

$327/mo

Est. payment

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$327/mo

Est. payment

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What's special

Attention Investors! Turnkey Rental Property with Long-Term Tenant Excellent opportunity to add a professionally managed, income-producing property to your rental portfolio. Currently leased at $750/month to a long-term tenant in place since 2022. Lease valid through April 30, 2026. Fully renovated in 2022, including new roof, HVAC, water heater, updated plumbing and electrical systems, and refreshed interior finishes. All major systems have been addressed, offering low maintenance and steady cash flow from day one. Tenant ledger and maintenance history available upon request. Please do not disturb the tenant.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Features

Flooring: Carpet

Interior area

Total structure area: 720
Total interior livable area: 720 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Patio

Lot

Size: 5,227 Square Feet
Dimensions: 50 x 109

Details

Parcel number: 048019 00033
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1952

Community & HOA

Community

Subdivision: West Dixie Heights Blk 3

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $90/sqft
Tax assessed value: $87,000
Annual tax amount: $742
Date on market: 7/31/2025

Price history

Date	Event	Price
12/16/2025	Sold	$65,000-23.5%$90/sqft
Source: RealTracs MLS as distributed by MLS GRID #3067926 Report a problem
11/29/2025	Pending sale	$85,000$118/sqft
Source: MAAR #10202483 Report a problem
7/31/2025	Listed for sale	$85,000-6.2%$118/sqft
Source: MAAR #10202483 Report a problem
5/27/2022	Sold	$90,600+353%$126/sqft
Source: Public Record Report a problem
1/6/2022	Sold	$20,000-49.9%$28/sqft
Source: Public Record Report a problem
12/24/2008	Listing removed	$39,900$55/sqft
Source: Listhub #3126332 Report a problem
6/11/2008	Price change	$39,900+6.4%$55/sqft
Source: Listhub #3126332 Report a problem
5/25/2008	Listed for sale	$37,500$52/sqft
Source: Listhub #3126332 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,146 +54.4%	$21,750 +92.9%
2024	$743 +8.1%	$11,275
2023	$687	$11,275 +95.2%
2022	--	$5,775
2021	--	$5,775
2020	$185	$5,775
2019	$185 -21.1%	$5,775
2018	$234 -45.1%	$5,775
2017	$426 +108.1%	$5,775 -4.1%
2016	$205 -12.9%	$6,025
2014	$235	$6,025
2013	--	$6,025 -18.3%
2012	--	$7,375
2011	--	$7,375
2010	--	$7,375
2009	--	$7,375 +1.7%
2008	--	$7,250
2007	--	$7,250
2006	--	$7,250
2005	--	$7,250 +21.3%
2004	--	$5,975
2003	--	$5,975
2002	--	$5,975
2001	--	$5,975 +19.5%
2000	--	$5,000