Investor opportunity at 1533 S Montgomery St! Rent at this tenant-occupied property is currently $835 per month, making it an opportunity for investors looking to add to their rental portfolio. Tenant is on a month-to-month lease. The home is being rented in its current condition and could benefit from some minor improvements, offering potential for a new owner to make updates over time. Please note: The property is tenant-occupied, and showings will only be permitted with an accepted offer. Buyers should plan accordingly when evaluating this investment opportunity. Whether you're expanding your rental portfolio or looking for your next investment project, this property is worth a closer look!
For sale
$60,000
1533 S Montgomery St, Memphis, TN 38106
2beds
964sqft
Single Family Residence
Built in 1947
5,662 Square Feet Lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
- 30 days
- 167
- 9
Zillow last checked:
Listing updated:
Listed by:
Brian Smith,
Crye-Leike, Inc., REALTORS 901-854-5050
Source: MAAR,MLS#: 10232114
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
Dining room
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Other (See REMARKS)
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven
Features
- All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down, Textured Ceiling, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Has fireplace: Yes
- Fireplace features: Masonry
Interior area
- Total interior livable area: 964 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 50 x 114
- Features: Level
Details
- Parcel number: 048004 00017
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: H Dlugach & Company So Bellevue
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $47,900
- Annual tax amount: $631
- Price range: $60K - $60K
- Date on market: 10/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$916/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $60,000$62/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/30/2020 | Listing removed | $650$1/sqft |
Source: Owner Report a problem | ||
| 9/29/2020 | Listed for rent | $650$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $631 +22.9% | $11,975 +53.5% |
| 2024 | $514 +8.1% | $7,800 |
| 2023 | $475 | $7,800 |
| 2022 | -- | $7,800 |
| 2021 | -- | $7,800 +1.3% |
| 2020 | $246 | $7,700 |
| 2019 | $246 -21.1% | $7,700 |
| 2018 | $312 -45.1% | $7,700 |
| 2017 | $568 +111.6% | $7,700 -2.5% |
| 2016 | $269 -8.4% | $7,900 |
| 2014 | $293 | $7,900 |
| 2013 | -- | $7,900 -14.1% |
| 2012 | -- | $9,200 |
| 2011 | -- | $9,200 |
| 2010 | -- | $9,200 |
| 2009 | -- | $9,200 +1.4% |
| 2008 | -- | $9,075 |
| 2007 | -- | $9,075 |
| 2006 | -- | $9,075 |
| 2005 | -- | $9,075 -4.7% |
| 2004 | -- | $9,525 |
| 2003 | -- | $9,525 |
| 2002 | -- | $9,525 |
| 2001 | -- | $9,525 +5.8% |
| 2000 | -- | $9,000 |
Find assessor info on the county website
Monthly payment
Est. payment




