TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 1-bath home is currently rented for $1,195/month through 3/31/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
For sale
$145,900
1531 Netherwood Ave, Memphis, TN 38106
3beds
1,384sqft
Single Family Residence
Built in 1912
6,969 Square Feet Lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
Functional floor planConvenient parking
- 188 days
- 67
- 7
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10195316
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
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Other (See Remarks), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,384 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 143
- Features: Some Trees
Details
- Parcel number: 031009 00010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1912
Community & HOA
Community
- Subdivision: Crump Bros
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $89,300
- Annual tax amount: $1,010
- Price range: $145.9K - $145.9K
- Date on market: 2/25/2026
- Cumulative days on market: 471 days
Estimated market value
Not available
Estimated sales range
Not available
$1,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $145,900-2.7%$105/sqft |
Source:  MAAR #10195316 Report a problem | ||
| 2/27/2026 | Listing removed | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2026 | Listed for rent | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Listing removed | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Listed for sale | $149,900-6.3%$108/sqft |
Source: MAAR #10195316 Report a problem | ||
| 2/5/2026 | Price change | $1,195-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2025 | Price change | $1,250-7.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Price change | $1,350-3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2025 | Listing removed | $159,900$116/sqft |
Source: MAAR #10195316 Report a problem | ||
| 7/29/2025 | Listed for sale | $159,900$116/sqft |
Source: MAAR #10195316 Report a problem | ||
| 7/29/2025 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2025 | Pending sale | $159,900$116/sqft |
Source: MAAR #10195316 Report a problem | ||
| 7/9/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/4/2025 | Listed for sale | $159,900+88.1%$116/sqft |
Source: MAAR #10195316 Report a problem | ||
| 6/5/2025 | Price change | $1,400-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2025 | Price change | $1,450+21.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2025 | Listed for rent | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Sold | $85,000-22.4%$61/sqft |
Source: MAAR #10183914 Report a problem | ||
| 2/23/2025 | Pending sale | $109,500$79/sqft |
Source: MAAR #10183914 Report a problem | ||
| 1/6/2025 | Price change | $109,500-12%$79/sqft |
Source: MAAR #10183914 Report a problem | ||
| 12/2/2024 | Price change | $124,500-2.4%$90/sqft |
Source: MAAR #10183914 Report a problem | ||
| 10/31/2024 | Price change | $127,500-10.5%$92/sqft |
Source: MAAR #10183914 Report a problem | ||
| 10/24/2024 | Listed for sale | $142,500+455%$103/sqft |
Source: MAAR #10183914 Report a problem | ||
| 5/22/2024 | Sold | $25,677+83.4%$19/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3094479 Report a problem | ||
| 5/16/2024 | Pending sale | $14,000$10/sqft |
Source: MAAR #10171566 Report a problem | ||
| 5/10/2024 | Contingent | $14,000$10/sqft |
Source: MAAR #10171566 Report a problem | ||
| 5/8/2024 | Listed for sale | $14,000$10/sqft |
Source: MAAR #10171566 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,177 +16.6% | $22,325 +45.7% |
| 2024 | $1,009 +8.1% | $15,325 |
| 2023 | $934 | $15,325 |
| 2022 | -- | $15,325 |
| 2021 | -- | $15,325 +29.1% |
| 2020 | $380 | $11,875 |
| 2019 | $380 -21.1% | $11,875 |
| 2018 | $481 -45.1% | $11,875 |
| 2017 | $877 +128.2% | $11,875 +5.1% |
| 2016 | $384 -12.2% | $11,300 |
| 2014 | $438 | $11,300 |
| 2013 | -- | $11,300 -17.7% |
| 2012 | -- | $13,725 |
| 2011 | -- | $13,725 |
| 2010 | -- | $13,725 |
| 2009 | -- | $13,725 -6.6% |
| 2008 | -- | $14,700 |
| 2007 | -- | $14,700 |
| 2006 | -- | $14,700 |
| 2005 | -- | $14,700 +28.7% |
| 2004 | -- | $11,425 |
| 2003 | -- | $11,425 |
| 2002 | -- | $11,425 |
| 2001 | -- | $11,425 -1.9% |
| 2000 | -- | $11,650 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Midtown
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