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For sale
    • $80,000

    1551 Waverly Ave, Memphis, TN 38106

    3beds
    1,859sqft
    : 
    $557/mo
    Get pre-qualified
    Apartment
    Built in 1935
    -- sqft lot
    $91,100 Zestimate®
    $43/sqft
    $-- HOA

    What's special

    Generous room sizesSpacious home
    ATTENTION INVESTORS! Great value-add opportunity! Bring your vision to this spacious home featuring 3 large bedrooms and 2 full bathrooms with separate living room and dining room, generous room sizes. Sheathed you are looking for your next renovation project or a long term investment, this property offers an excellent opportunity to add value. Sold as is!
    5 hours
    |
    34
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    April Mallory,

    KAIZEN Realty, LLC 901-221-4041

    Source: MAAR,MLS#: 10226992MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Hardwood Floor
      • Level: First
      • Area: 195
      • Dimensions: 13 x 15
      Bedroom 2
      • Features: Hardwood Floor
      • Level: First
      • Area: 144
      • Dimensions: 12 x 12
      Bedroom 3
      • Features: Hardwood Floor
      • Level: First
      Dining room
      • Features: Separate Dining Room
      • Area: 156
      • Dimensions: 13 x 12
      Kitchen
      • Features: Washer/Dryer Connections
      Living room
      • Features: Separate Living Room
      • Area: 238
      • Dimensions: 14 x 17
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, 2 Full Primary Baths, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Hardwood
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 1,859 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway/Pad
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Porch
      • Pool features: None
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 59 x 148
      • Features: Corner Lot
      Details
      • Parcel number: 031008 00008

      Construction

      Type & style
      • Home type: Apartment
      • Architectural style: Traditional
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1935

      Community & HOA

      Community
      • Subdivision: Southern Terr
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $43/sqft
      • Tax assessed value: $113,000
      • Annual tax amount: $1,489
      • Price range: $80K - $80K
      • Date on market: 7/26/2026
      • Cumulative days on market: 3 days

        Estimated market value

        $91,100

        $63,000 - $127,000

        $1,681/mo

        Price history

        DateEventPrice
        7/26/2026Listed for sale$80,000+45.5%$43/sqft
        Source: MAAR #10226992 Report a problem
        6/20/2019Listing removed$55,000$30/sqft
        Source: Crye-Leike, Inc., REALTORS #10042708 Report a problem
        2/15/2019Price change$55,000-12.7%$30/sqft
        Source: Crye-Leike, Inc., REALTORS #10042708 Report a problem
        1/8/2019Price change$63,000-4.4%$34/sqft
        Source: Crye-Leike, Inc., REALTORS #10042708 Report a problem
        12/19/2018Listed for sale$65,900+128%$35/sqft
        Source: Crye-Leike, Inc., REALTORS #10042708 Report a problem
        10/21/2015Sold$28,900-26.8%$16/sqft
        Source: MAAR #9946057 Report a problem
        2/27/2015Listing removed$39,500$21/sqft
        Source: First National Realty, Inc. #9941440 Report a problem
        12/12/2014Price change$39,500-15.1%$21/sqft
        Source: First National Realty, Inc. #9941440 Report a problem
        12/10/2014Listed for sale$46,500+210%$25/sqft
        Source: First National Realty, Inc. #9941440 Report a problem
        6/19/2014Sold$15,000+25%$8/sqft
        Source: Public Record Report a problem
        6/20/2012Sold$12,000+4.3%$6/sqft
        Source: Public Record Report a problem
        8/31/2009Sold$11,500+29.2%$6/sqft
        Source: Public Record Report a problem
        7/16/2009Listed for sale$8,900-73.8%$5/sqft
        Source: Hometown Realty #3176003 Report a problem
        5/20/2008Sold$34,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,489 +10.6%$28,250 +38.1%
        2024$1,347 +8.1%$20,450
        2023$1,246 $20,450
        2022-- $20,450
        2021-- $20,450 +29.4%
        2020$505 $15,800
        2019$505 -21.1%$15,800
        2018$640 -45.1%$15,800
        2017$1,166 +128.3%$15,800 +5.2%
        2016$511 -12.1%$15,025
        2014$581 $15,025
        2013-- $15,025 -17.6%
        2012-- $18,225
        2011-- $18,225
        2010-- $18,225
        2009-- $18,225 +4%
        2008-- $17,525
        2007-- $17,525
        2006-- $17,525
        2005-- $17,525 +15.3%
        2004-- $15,200
        2003-- $15,200
        2002-- $15,200
        2001-- $15,200 -4.6%
        2000-- $15,925
        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

        46 / 100
        Car-Dependent
        34 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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