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For sale
    • Price cut: $100 (6/10)
    $114,900

    1545 Oakwood St, Memphis, TN 38108

    3beds
    1,196sqft
    : 
    $807/mo
    Get pre-qualified
    Single Family Residence
    Built in 1913
    5,662 Square Feet Lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Updated kitchen
    Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical, plumbing, HVAC, water heater, windows, and exterior siding—minimizing maintenance concerns for years to come. Interior features include luxury vinyl flooring throughout main living areas and bedrooms, with tile in the kitchen and bathrooms for durability. The updated kitchen and bathrooms provide modern appeal that supports long-term tenant retention. This is a low-maintenance, income-producing asset ideal for both seasoned and out-of-state investors looking to expand their portfolio with confidence. Do not disturb tenant. No wholesalers/seller financing.
    202 days
    |
    137
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Wilson,

    Coldwell Banker Collins-Maury 901-259-8500

    Source: MAAR,MLS#: 10212650MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Primary bathroom
      • Features: Double Vanity, Tile Floor
      Dining room
      • Dimensions: 0 x 0
      Kitchen
      • Features: Updated/Renovated Kitchen, Washer/Dryer Connections
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Microwave, Range/Oven, Refrigerator
      • Laundry: Laundry Room
      Features
      • All Bedrooms Down, Double Vanity Bath, Full Bath Down, Primary Down, Renovated Bathroom, Split Bedroom Plan, Smooth Ceiling, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, Kitchen, Laundry Room, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Tile, Vinyl
      • Windows: Double Pane Windows, Window Treatments
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,196 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Porch
      • Pool features: None
      • Fencing: Wood,Wood Fence
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 40 x 150
      • Features: Landscaped, Level
      Details
      • Parcel number: 042006 00026

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Composition Shingles
      Condition
      • New construction: No
      • Year built: 1913

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Wrought Iron Security Drs
      • Subdivision: Norwood
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $39,400
      • Annual tax amount: $831
      • Price range: $114.9K - $114.9K
      • Date on market: 1/11/2026
      • Cumulative days on market: 204 days
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,297/mo

        Price history

        DateEventPrice
        6/10/2026Price change$114,900-0.1%$96/sqft
        Source: MAAR #10212650 Report a problem
        5/12/2026Price change$115,000-4.2%$96/sqft
        Source: MAAR #10212650 Report a problem
        3/24/2026Price change$120,000-2.4%$100/sqft
        Source: MAAR #10212650 Report a problem
        3/13/2026Price change$122,900-0.4%$103/sqft
        Source: MAAR #10212650 Report a problem
        3/6/2026Price change$123,400-0.4%$103/sqft
        Source: MAAR #10212650 Report a problem
        2/20/2026Price change$123,900-0.4%$104/sqft
        Source: MAAR #10212650 Report a problem
        2/13/2026Price change$124,400-0.4%$104/sqft
        Source: MAAR #10212650 Report a problem
        2/2/2026Price change$124,900-0.1%$104/sqft
        Source: MAAR #10212650 Report a problem
        1/11/2026Listed for sale$125,000+10.6%$105/sqft
        Source: MAAR #10212650 Report a problem
        11/24/2025Listing removed$113,000$94/sqft
        Source: MAAR #10189701 Report a problem
        9/21/2025Price change$113,000-0.9%$94/sqft
        Source: MAAR #10189701 Report a problem
        9/12/2025Pending sale$114,000$95/sqft
        Source: MAAR #10189701 Report a problem
        8/21/2025Price change$114,000-0.9%$95/sqft
        Source: MAAR #10189701 Report a problem
        6/13/2025Price change$115,000-0.9%$96/sqft
        Source: MAAR #10189701 Report a problem
        5/27/2025Price change$116,000-0.9%$97/sqft
        Source: MAAR #10189701 Report a problem
        5/4/2025Price change$117,000-0.8%$98/sqft
        Source: MAAR #10189701 Report a problem
        4/14/2025Price change$118,000-0.8%$99/sqft
        Source: MAAR #10189701 Report a problem
        3/15/2025Price change$119,000-0.8%$99/sqft
        Source: MAAR #10189701 Report a problem
        2/8/2025Listed for sale$120,000$100/sqft
        Source: MAAR #10189701 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$831 +71.4%$15,760 +114.1%
        2024$485 +8.1%$7,360
        2023$448 $7,360
        2022-- $7,360
        2021-- $7,360 -12%
        2020$267 $8,360
        2019$267 -21.1%$8,360
        2018$339 -45.1%$8,360
        2017$617 +101.7%$8,360 -7.1%
        2016$306 -30.9%$9,000
        2014$443 $9,000
        2013-- $9,000 -35.2%
        2012-- $13,880
        2011-- $13,880
        2010-- $13,880
        2009-- $13,880 +10.9%
        2008-- $12,520
        2007-- $12,520
        2006-- $12,520
        2005-- $12,520 -10.6%
        2004-- $14,000
        2003-- $14,000
        2002-- $14,000 +60%
        2001-- $8,750 +41.1%
        2000-- $6,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        60 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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