Sold for $87,500

$87,500

1510 N Merton St, Memphis, TN 38108

4beds

1,570sqft

Duplex

Built in 1964

-- sqft lot

$87,700 Zestimate^®

$56/sqft

$1,099 Estimated rent

Home value

$87,700

$82,000 - $93,000

$1,099/mo

Zestimate^® history

Owner options

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$1,099/mo

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$1,099/mo

Rent Zestimate^®

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$440/mo

Est. payment

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$440/mo

Est. payment

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What's special

Brick buildingOff-street parking

Chance for a cashflowing duplex in Memphis - both units were remodeled in 2024 to draw in tenants and get this place making money for the next owner! Nice, brick building with 2 x 2/1 units with actual off-street parking all makes for a great combo to win long-term with these units. The vacant unit should be done soon and pics will be available online after to show it. The occupied side is rented for $650 and they are current. No wholesaler/assignable offers will be accepted. End buyers only. No seller-financing or creative deals, must sell outright.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Wall Furnace

Cooling

Other (See Remarks)

Appliances

Included: Gas Water Heater

Features

Step-Saver Kitchen, W/D Connection in Kitchen
Flooring: Tile, Vinyl

Interior area

Total interior livable area: 1,570 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 6,000 Square Feet
Dimensions: 40 x 150
Features: Level

Details

Parcel number: 042062 00047

Construction

Type & style

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

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

Year built: 1964

Community & HOA

Community

Subdivision: Fairfax

Location

Region: Memphis

Financial & listing details

Price per square foot: $56/sqft
Tax assessed value: $52,100
Annual tax amount: $664
Date on market: 4/8/2025
Cumulative days on market: 311 days
Listing terms: Conventional
Lease term: 12 Months
Total actual rent: 650
Tenant pays: All Utilities

Price history

Date	Event	Price
11/24/2025	Sold	$87,500-0.6%$56/sqft
Source: MAAR #10193806 Report a problem
11/14/2025	Pending sale	$88,000$56/sqft
Source: MAAR #10193806 Report a problem
10/28/2025	Price change	$88,000-0.8%$56/sqft
Source: MAAR #10193806 Report a problem
9/24/2025	Pending sale	$88,700$56/sqft
Source: MAAR #10193806 Report a problem
9/8/2025	Price change	$88,700-0.9%$56/sqft
Source: MAAR #10193806 Report a problem
8/25/2025	Price change	$89,500-0.4%$57/sqft
Source: MAAR #10193806 Report a problem
8/8/2025	Price change	$89,900-0.1%$57/sqft
Source: MAAR #10193806 Report a problem
7/16/2025	Pending sale	$90,000$57/sqft
Source: MAAR #10193806 Report a problem
5/28/2025	Price change	$90,000-7.2%$57/sqft
Source: MAAR #10193806 Report a problem
5/5/2025	Price change	$97,000-9.3%$62/sqft
Source: MAAR #10193806 Report a problem
4/8/2025	Listed for sale	$107,000-10.1%$68/sqft
Source: MAAR #10193806 Report a problem
3/28/2025	Listing removed	$119,000$76/sqft
Source: MAAR #10184184 Report a problem
2/20/2025	Price change	$119,000-4%$76/sqft
Source: MAAR #10184184 Report a problem
1/14/2025	Price change	$124,000-3.9%$79/sqft
Source: MAAR #10184184 Report a problem
11/28/2024	Price change	$129,000-1.5%$82/sqft
Source: MAAR #10184184 Report a problem
11/8/2024	Price change	$131,000-3%$83/sqft
Source: MAAR #10184184 Report a problem
10/30/2024	Listed for sale	$135,000+50%$86/sqft
Source: MAAR #10184184 Report a problem
10/1/2024	Listing removed	$650
Source: Zillow Rentals Report a problem
8/30/2024	Listed for rent	$650
Source: Zillow Rentals Report a problem
6/17/2022	Sold	$90,000-9.1%$57/sqft
Source: MAAR #10118150 Report a problem
4/26/2022	Pending sale	$99,000$63/sqft
Source: MAAR #10118150 Report a problem
2/23/2022	Listed for sale	$99,000+1000%$63/sqft
Source: MAAR #10118150 Report a problem
2/19/2019	Sold	$9,000$6/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,098 +65.5%	$20,840 +106.7%
2024	$664 +8.1%	$10,080
2023	$614	$10,080
2022	--	$10,080
2021	--	$10,080 -7.7%
2020	$349	$10,920
2019	$349 -21.1%	$10,920
2018	$442 -45.1%	$10,920
2017	$806 +100.9%	$10,920 -7.5%
2016	$401 -37%	$11,800
2014	$637	$11,800
2013	--	$11,800 -40.9%
2012	--	$19,960
2011	--	$19,960
2010	--	$19,960
2009	--	$19,960 +8.5%
2008	--	$18,400
2007	--	$18,400
2006	--	$18,400
2005	--	$18,400 +8.7%
2004	--	$16,920
2003	--	$16,920
2002	--	$16,920
2001	--	$16,920 +129.9%
2000	--	$7,360