For sale

Price cut: $500 (10/5)

$299,499

1517 Court Ave, Memphis, TN 38104

6beds

2,588sqft

$2,103/mo

Get pre-qualified

Duplex

Built in 1910

-- sqft lot

$292,600 Zestimate^®

$116/sqft

$-- HOA

What's special

Updated bathFenced yardFresh paintSeparate kitchenUpdated kitchenDriveway parkingNew flooring

PRICED BELOW MARKET!! Rare Multifamily Investment Opportunity!! Priced to sell! Fully leased Midtown duplex in Central Gardens generating $2,900/month in combined rent, with tenants in place through spring 2027. Skip the vacancy and renovation headaches: the downstairs unit is freshly renovated with all-new appliances, an updated kitchen and bath, new flooring, and fresh paint, while the upstairs features an updated bath, new dishwasher, energy-efficient windows, and fresh paint. Two 3BR/1BA units, approx. 2,588 SF, built in 1910, each with combined living/dining and a separate kitchen. Owner-owned appliances, including washer and dryer, convey. Fenced yard, driveway parking, and annual termite treatment in place. A walkable, high-demand rental location. Investment opportunities like this move fast.

62 days
297
57

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Range/Oven (Freestanding), Dishwasher, Gas Water Heater

Features

Separate Living Room, Separate Dining Room, Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Vinyl
Basement: Partial
Has fireplace: No

Interior area

Total interior livable area: 2,588 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 2.5
Patio & porch: Porch
Pool features: None

Lot

Size: 7,650 Square Feet
Dimensions: 50 x 153
Features: Some Trees, Level

Details

Parcel number: 017031 00008

Construction

Type & style

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

Materials

Wood/Composition, Vinyl Siding
Roof: Composition Shingles

Condition

Year built: 1910

Community & HOA

Community

Subdivision: Courtland Pl

Location

Region: Memphis

Financial & listing details

Price per square foot: $116/sqft
Tax assessed value: $233,300
Annual tax amount: $4,918
Date on market: 8/18/2026
Cumulative days on market: 63 days
Listing terms: Conventional,FHA,VA Loan
Lease term: 12 Months
Total actual rent: 2900
Tenant pays: Heating, Gas, Electricity

Estimated market value

$292,600

$278,000 - $307,000

$1,265/mo

Price history

Date	Event	Price
10/5/2026	Price change	$299,499-0.2%$116/sqft
Source: MAAR #10228595 Report a problem
9/21/2026	Price change	$299,999-7.7%$116/sqft
Source: MAAR #10228595 Report a problem
9/8/2026	Price change	$324,999-5.8%$126/sqft
Source: MAAR #10228595 Report a problem
8/18/2026	Listed for sale	$345,000+53.3%$133/sqft
Source: MAAR #10228595 Report a problem
10/17/2023	Sold	$224,999$87/sqft
Source: MAAR #10156567 Report a problem
9/25/2023	Pending sale	$224,999$87/sqft
Source: MAAR #10156567 Report a problem
9/18/2023	Contingent	$224,999$87/sqft
Source: MAAR #10156567 Report a problem
9/13/2023	Listed for sale	$224,999-6.2%$87/sqft
Source: MAAR #10156567 Report a problem
1/18/2023	Listing removed	--
Source: MAAR #10120439 Report a problem
8/17/2022	Listing removed	$239,900$93/sqft
Source: MAAR #10120439 Report a problem
7/28/2022	Listed for sale	$239,900-17.2%$93/sqft
Source: MAAR #10120439 Report a problem
6/10/2022	Contingent	$289,900$112/sqft
Source: MAAR #10120439 Report a problem
5/21/2022	Price change	$289,900+7.4%$112/sqft
Source: MAAR #10120439 Report a problem
4/1/2022	Pending sale	$269,900$104/sqft
Source: MAAR #10120439 Report a problem
3/28/2022	Listed for sale	$269,900+58.8%$104/sqft
Source: MAAR #10120439 Report a problem
1/8/2020	Sold	$170,000+188.1%$66/sqft
Source: Public Record Report a problem
11/3/2010	Sold	$59,000+18.2%$23/sqft
Source: Public Record Report a problem
11/14/2009	Listing removed	$49,900$19/sqft
Source: Harold Blockman #3178853 Report a problem
9/5/2009	Listed for sale	$49,900-42.1%$19/sqft
Source: Harold Blockman #3178853 Report a problem
4/7/2006	Sold	$86,111+1.3%$33/sqft
Source: Public Record Report a problem
5/2/2002	Sold	$85,000$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,919 +18.1%	$93,320 +47.6%
2024	$4,165 +8.1%	$63,240
2023	$3,852	$63,240
2022	--	$63,240
2021	--	$63,240 +26.3%
2020	$1,601	$50,080
2019	$1,601 -21.1%	$50,080
2018	$2,028 -45.1%	$50,080
2017	$3,697 +100%	$50,080 -7.9%
2016	$1,848 +9.4%	$54,360
2014	$1,689	$54,360
2013	--	$54,360 +2.6%
2012	--	$52,960
2011	--	$52,960
2010	--	$52,960
2009	--	$52,960 +7.4%
2008	--	$49,320 +44.9%
2007	--	$34,040
2006	--	$34,040
2005	--	$34,040 -5.4%
2004	--	$36,000
2003	--	$36,000 -12.7%
2002	--	$41,240
2001	--	$41,240 +49.2%
2000	--	$27,640