Sold for $62,000

$62,000

1540 S Highland St, Memphis, TN 38111

2beds

876sqft

Single Family Residence

Built in 1948

0.27 Acres Lot

$92,100 Zestimate^®

$71/sqft

$1,044 Estimated rent

Home value

$92,100

$73,000 - $111,000

$1,044/mo

Zestimate^® history

Owner options

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$1,044/mo

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$1,044/mo

Rent Zestimate^®

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$312/mo

Est. payment

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$312/mo

Est. payment

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What's special

Nice lot

Awesome chance to get a value-add rental in Orange Mound! House needs cosmetic repairs but is in pretty good shape and should be easy to get rent ready or you can easily add a bedroom/bathroom and make it s 3/2 for great Sec. 8 rents for years to come! Flooring is in decent shape, house can be converted to central heat and air for best rents! Roof is newer, 3D architectural shingle, nice lot with few trees near home. Get it rent-ready as it is and get a tenant for $800-850 or add-on and rehab the house for Sec. 8 to pay $1200-1300! Property is available for showing, have your Agent schedule today! NO seller-financing or assignable contracts will be reviewed by Seller. Seller is selling as-is, where-is and will not complete repairs prior to closing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Natural Gas, Wall Furnace

Cooling

Other (See REMARKS)

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile, Vinyl
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 876 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 0.27 Acres
Dimensions: 50 x 241
Features: Level, Some Trees

Details

Parcel number: 058026 00059

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood/Composition
Roof: Composition Shingles

Condition

New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Elam

Location

Region: Memphis

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $64,400
Annual tax amount: $629
Price range: $62K - $62K
Date on market: 11/6/2025
Cumulative days on market: 8 days

Price history

Date	Event	Price
11/25/2025	Sold	$62,000-10.1%$71/sqft
Source: MAAR #10209209 Report a problem
11/17/2025	Pending sale	$69,000$79/sqft
Source: MAAR #10209209 Report a problem
11/6/2025	Listed for sale	$69,000+666.7%$79/sqft
Source: MAAR #10209209 Report a problem
9/16/2025	Listing removed	$850$1/sqft
Source: Zillow Rentals Report a problem
7/1/2025	Listed for rent	$850+56%$1/sqft
Source: Zillow Rentals Report a problem
10/2/2017	Listing removed	$545$1/sqft
Source: Zillow Rental Manager Report a problem
9/18/2017	Listed for rent	$545$1/sqft
Source: Zillow Rental Manager Report a problem
2/12/2008	Sold	$9,000-60.9%$10/sqft
Source: Public Record Report a problem
9/17/2007	Sold	$23,000-55.8%$26/sqft
Source: Public Record Report a problem
10/8/2002	Sold	$52,000+222.5%$59/sqft
Source: Public Record Report a problem
7/30/2002	Sold	$16,125-42.4%$18/sqft
Source: Public Record Report a problem
4/19/2002	Sold	$28,000-36.4%$32/sqft
Source: Public Record Report a problem
4/29/1999	Sold	$44,000$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$849 +34.9%	$16,100 +68.6%
2024	$629 +8.1%	$9,550
2023	$582	$9,550
2022	--	$9,550
2021	--	$9,550 +43.1%
2020	$213	$6,675
2019	$213 -21.1%	$6,675
2018	$270 -45.1%	$6,675
2017	$493 +123.8%	$6,675 +3.1%
2016	$220 -23.9%	$6,475
2014	$289	$6,475
2013	--	$6,475 -28.7%
2012	--	$9,075
2011	--	$9,075
2010	--	$9,075
2009	--	$9,075 -15%
2008	--	$10,675
2007	--	$10,675
2006	--	$10,675
2005	--	$10,675 -6.8%
2004	--	$11,450
2003	--	$11,450
2002	--	$11,450
2001	--	$11,450 +15.7%
2000	--	$9,900