Pending

$95,000

1501 Fairfax St, Memphis, TN 38108

3beds

1,325sqft

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Duplex

Built in 1965

-- sqft lot

$-- Zestimate^®

$72/sqft

$-- HOA

What's special

Renovated unit

Awesome Investment Opportunity in the heart of Memphis! Tenant paying $750 on renovated unit. Unit 2 needs rehab. Quote available. Location is prime for renters. Motivated Seller. Send your offers today. Won't last long. No showing until accepted contract. Do no disturb tenants.

313 days

5

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Space Heater

Cooling

1 Window Unit per Unit

Appliances

Included: Electric Water Heater

Features

W/D Connection in Kitchen
Flooring: Tile
Doors: Storm Door(s)

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: 5,400 Square Feet
Dimensions: 40 x 135
Features: Level

Details

Parcel number: 042063 00014

Construction

Type & style

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

Condition

Year built: 1965

Community & HOA

Community

Subdivision: Fairfax

Location

Region: Memphis

Financial & listing details

Price per square foot: $72/sqft
Tax assessed value: $47,400
Annual tax amount: $394
Date on market: 9/5/2025
Cumulative days on market: 301 days
Listing terms: Conventional,Other (See Remarks)
Lease term: None

Estimated market value

Not available

Estimated sales range

Not available

$1,137/mo

Price history

Date	Event	Price
10/17/2025	Pending sale	$95,000$72/sqft
Source: MAAR #10205074 Report a problem
9/5/2025	Listed for sale	$95,000+111.1%$72/sqft
Source: MAAR #10205074 Report a problem
3/31/2025	Sold	$45,000-42.7%$34/sqft
Source: Public Record Report a problem
8/27/2024	Listing removed	--
Source: MAAR #10177066 Report a problem
7/23/2024	Price change	$78,500-1.9%$59/sqft
Source: MAAR #10177066 Report a problem
7/16/2024	Listed for sale	$80,000$60/sqft
Source: MAAR #10177066 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$625 +58.7%	$11,850 +98.3%
2024	$393 +8.1%	$5,975
2023	$364	$5,975
2022	--	$5,975
2021	--	$5,975 -4.4%
2020	$200	$6,250
2019	$200 -21.1%	$6,250
2018	$253 -45.1%	$6,250
2017	$461 +261.8%	$6,250 +66.7%
2016	$128 -68.2%	$3,750 -37.5%
2014	$401	$6,000 -23.5%
2013	--	$7,840 -37.6%
2012	--	$12,560
2011	--	$12,560
2010	--	$12,560
2009	--	$12,560 +75.7%
2008	--	$7,150
2007	--	$7,150
2006	--	$7,150
2005	--	$7,150 +6.3%
2004	--	$6,725
2003	--	$6,725
2002	--	$6,725 -54.2%
2001	--	$14,680 +156.6%
2000	--	$5,720

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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