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For sale
    • $80,000

    1497 Mississippi Blvd, Memphis, TN 38106

    3beds
    1,113sqft
    : 
    $562/mo
    Get pre-qualified
    Single Family Residence
    Built in 1926
    5,662 Square Feet Lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Add a stable, income-generating property to your portfolio. This 3-bedroom, 1-bath home is currently occupied by a reliable tenant at $825/month. With a lease term running through September 30, 2026, this asset offers immediate, predictable cash flow with zero vacancy downtime.
    46 days
    |
    109
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry D White,

    Advantage Property Management 901-347-3148

    Source: MAAR,MLS#: 10223411MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Dimensions: 0 x 0
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Vinyl
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 1,113 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Deck
      • Pool features: None
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 50 x 144
      • Features: Level
      Details
      • Parcel number: 034058 00003

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood/Composition
      Condition
      • New construction: No
      • Year built: 1926

      Community & HOA

      Community
      • Subdivision: Greenland Heights
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $72/sqft
      • Tax assessed value: $92,200
      • Annual tax amount: $1,215
      • Price range: $80K - $80K
      • Date on market: 6/8/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,006/mo

        Price history

        DateEventPrice
        6/8/2026Listed for sale$80,000-8.6%$72/sqft
        Source: MAAR #10223411 Report a problem
        8/16/2024Listing removed$795$1/sqft
        Source: Zillow Rentals Report a problem
        8/15/2024Price change$795-11.2%$1/sqft
        Source: Zillow Rentals Report a problem
        6/19/2024Price change$895-5.8%$1/sqft
        Source: Zillow Rentals Report a problem
        5/17/2024Price change$950-2.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/11/2024Listed for rent$975+25.8%$1/sqft
        Source: Zillow Rentals Report a problem
        8/3/2023Sold$87,500+19.9%$79/sqft
        Source: Public Record Report a problem
        7/21/2021Sold$73,000+812.5%$66/sqft
        Source: Public Record Report a problem
        5/11/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        5/5/2021Listed for rent$775$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        1/13/2021Sold$8,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,215 +14.4%$23,050 +42.9%
        2024$1,062 +8.1%$16,125
        2023$982 $16,125
        2022-- $16,125 +76.7%
        2021-- $9,125 +28.1%
        2020$228 $7,125
        2019$228 -21.1%$7,125
        2018$289 -45.1%$7,125
        2017$526 +107.6%$7,125 -4.4%
        2016$253 +3.2%$7,450
        2014$246 $7,450
        2013-- $7,450 -3.2%
        2012-- $7,700
        2011-- $7,700
        2010-- $7,700
        2009-- $7,700 +6.6%
        2008-- $7,225
        2007-- $7,225
        2006-- $7,225
        2005-- $7,225 +18.9%
        2004-- $6,075
        2003-- $6,075
        2002-- $6,075
        2001-- $6,075 +16.8%
        2000-- $5,200
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        45 / 100
        Car-Dependent
        29 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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