Cash only iproperty, in need of total rehab and priced accordingly. Large , brick home with a roof less than 10 years old. Needs sheetrock, hvac, electrical, and other repairs. Great opportunity to fix and flip or add to a rental portfolio.
Closed
$40,000
1598 Frayser Blvd, Memphis, TN 38127
3beds
1,810sqft
Single Family Residence, Residential
Built in 1960
0.38 Acres Lot
$134,200 Zestimate®
$22/sqft
$1,244 Estimated rent
Home value
$134,200
$111,000 - $154,000
$1,244/mo
Zestimate® history
Owner options
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$1,244/mo
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$1,244/mo
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$201/mo
Est. payment
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$201/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jimmy Kennedy 901-825-7607,
KAIZEN REALTY LLC
Bought with:
Jimmy Kennedy
KAIZEN REALTY LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3019478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Other
Features
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace features: Den
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Parking Pad
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 1
- Patio & porch: Porch
Lot
- Size: 0.38 Acres
- Dimensions: 100 x 167
Details
- Parcel number: 070049 00025
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Rolling Hills
HOA
- Has HOA: No
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $120,700
- Annual tax amount: $1,383
- Date on market: 10/17/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2025 | Listed for rent | $1,695+61.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Sold | $40,000-27.3%$22/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3019478 Report a problem | ||
| 7/11/2025 | Pending sale | $55,000$30/sqft |
Source:  MAAR #10200885 Report a problem | ||
| 7/10/2025 | Listed for sale | $55,000+83.3%$30/sqft |
Source: MAAR #10200885 Report a problem | ||
| 9/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Listed for rent | $1,050+31.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2018 | Listing removed | $800 |
Source: TREK Property Management Report a problem | ||
| 6/26/2018 | Listed for rent | $800 |
Source: TREK Property Management Report a problem | ||
| 5/29/2017 | Listing removed | $800 |
Source: Jasco, Realtors #10002503 Report a problem | ||
| 5/17/2017 | Listed for rent | $800 |
Source: JASCO, REALTORS #10002503 Report a problem | ||
| 4/28/2017 | Sold | $30,000-24.8%$17/sqft |
Source: Public Record Report a problem | ||
| 4/1/2017 | Listed for sale | $39,900+99.5%$22/sqft |
Source: Owner Report a problem | ||
| 4/28/2014 | Sold | $20,000$11/sqft |
Source: MAAR #3291950 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,590 +15% | $30,175 +43.7% |
| 2024 | $1,383 +8.1% | $21,000 |
| 2023 | $1,279 | $21,000 |
| 2022 | -- | $21,000 |
| 2021 | -- | $21,000 +32.3% |
| 2020 | $507 | $15,875 |
| 2019 | $507 -21.1% | $15,875 |
| 2018 | $643 -45.1% | $15,875 |
| 2017 | $1,172 +128.2% | $15,875 +5.1% |
| 2016 | $513 -20.9% | $15,100 |
| 2014 | $649 | $15,100 |
| 2013 | -- | $15,100 -25.8% |
| 2012 | -- | $20,350 |
| 2011 | -- | $20,350 |
| 2010 | -- | $20,350 |
| 2009 | -- | $20,350 +3.3% |
| 2008 | -- | $19,700 |
| 2007 | -- | $19,700 |
| 2006 | -- | $19,700 |
| 2005 | -- | $19,700 +24.3% |
| 2004 | -- | $15,850 |
| 2003 | -- | $15,850 |
| 2002 | -- | $15,850 |
| 2001 | -- | $15,850 +0.2% |
| 2000 | -- | $15,825 |
Find assessor info on the county website
Neighborhood: Shelby Forest-Frayser
Nearby homes
- $96,7003 bd1 ba1.3k sqft1588 Frayser Blvd, Memphis, TN 38127Off Market
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Nearby schools
GreatSchools rating
- 4/10Frayser-Corning ElementaryGrades: PK-5Distance: 0.3 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 1.5 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.8 mi
- Tennessee
- Shelby County
- Memphis
- 38127
- Shelby Forest-Frayser
- 1598 Frayser Blvd
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- Shelby Forest-Frayser Real estate
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