For sale

Price cut: $5K (6/22)

$144,900

1557 Hope St, Memphis, TN 38111

3beds

993sqft

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Single Family Residence

Built in 1952

6,534 Square Feet Lot

$141,200 Zestimate^®

$146/sqft

$-- HOA

What's special

Modern styleFunctional living spaceUpdated flooringStylish finishesFresh paintPlenty of natural lightSpacious bedrooms

Welcome to 1557 Hope St, a beautifully fully renovated 3 bedroom, 2 bath home offering modern style, comfort, and excellent investment potential. This move-in ready property features fresh paint, updated flooring, modern fixtures, and a bright, inviting layout designed for both everyday living and entertaining. The renovated kitchen showcases stylish finishes, updated cabinetry, and beautiful countertops, while both bathrooms have been thoughtfully upgraded with contemporary touches. Spacious bedrooms offer plenty of natural light and functional living space throughout. Perfect for homeowners or investors seeking a turnkey rental opportunity, this property is conveniently located near schools, shopping, dining, and major roadways. Whether you’re looking to expand your portfolio or find your next home.

46 days

333

28

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

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, Square Feet Source: Floor Plans (Builder/Architecture)
Has fireplace: No

Interior area

Total interior livable area: 993 sqft

Property

Parking

Parking features: Driveway/Pad, Other (See REMARKS)
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 6,534 Square Feet
Dimensions: 55 x 125
Features: Other (See Remarks)

Details

Parcel number: 058014 00030

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1952

Community & HOA

Community

Subdivision: Prescott Village Third Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $146/sqft
Tax assessed value: $62,700
Annual tax amount: $827
Price range: $144.9K - $144.9K
Date on market: 5/14/2026
Cumulative days on market: 47 days

Estimated market value

$141,200

$134,000 - $148,000

$1,211/mo

Price history

Date	Event	Price
6/22/2026	Price change	$144,900-3.3%$146/sqft
Source: MAAR #10221599 Report a problem
5/31/2026	Price change	$149,900-3.3%$151/sqft
Source: MAAR #10221599 Report a problem
5/14/2026	Listed for sale	$155,000+146%$156/sqft
Source: MAAR #10221599 Report a problem
2/2/2026	Sold	$63,000+5.2%$63/sqft
Source: RealTracs MLS as distributed by MLS GRID #3122015 Report a problem
10/29/2024	Sold	$59,900$60/sqft
Source: RealTracs MLS as distributed by MLS GRID #3055173 Report a problem
10/8/2024	Pending sale	$59,900$60/sqft
Source: MAAR #10179262 Report a problem
9/23/2024	Price change	$59,900-7.7%$60/sqft
Source: MAAR #10179262 Report a problem
8/15/2024	Listed for sale	$64,900+260.6%$65/sqft
Source: MAAR #10179262 Report a problem
10/3/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/18/2023	Price change	$750-3.2%$1/sqft
Source: Zillow Rentals Report a problem
9/6/2023	Price change	$775-11.4%$1/sqft
Source: Zillow Rentals Report a problem
7/31/2023	Listed for rent	$875$1/sqft
Source: Zillow Rentals Report a problem
4/21/2015	Sold	$18,000-40%$18/sqft
Source: Public Record Report a problem
1/23/2014	Listing removed	$30,000$30/sqft
Source: Crye-Leike #3282745 Report a problem
1/15/2014	Price change	$30,000-14.3%$30/sqft
Source: Crye-Leike #3282745 Report a problem
10/7/2013	Listed for sale	$35,000$35/sqft
Source: Crye-Leike #3282745 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$826 +34.9%	$15,675 +68.5%
2024	$612 +8.1%	$9,300
2023	$567	$9,300
2022	--	$9,300
2021	--	$9,300 +43.1%
2020	$208	$6,500
2019	$208 -21.1%	$6,500
2018	$263 -45.1%	$6,500
2017	$480 +117.1%	$6,500
2016	$221 -26.3%	$6,500
2014	$300	$6,500
2013	--	$6,500 -30.9%
2012	--	$9,400
2011	--	$9,400
2010	--	$9,400
2009	--	$9,400 -11.7%
2008	--	$10,650
2007	--	$10,650
2006	--	$10,650
2005	--	$10,650 -3.2%
2004	--	$11,000
2003	--	$11,000
2002	--	$11,000
2001	--	$11,000 +16.7%
2000	--	$9,425

Find assessor info on the county website

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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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