Prime Location Near University of Memphis — Investor & First-Time Buyer Ready! Welcome to 1599 Hope St, a smart opportunity in one of Memphis's most convenient locations. Situated just minutes from the University of Memphis, this 2br 1ba home offers comfortable living space and unbeatable access to everything that makes this area a draw for tenants and homeowners alike. Enjoy quick connections to the interstate for an easy commute, plus close proximity to shopping, dining, and entertainment. Whether you're an investor looking to capitalize on steady rental demand from the nearby university and surrounding employment centers, or a first-time buyer ready to plant roots in an established, high-traffic neighborhood, this property checks the boxes.
Pending
$90,000
1599 Hope St, Memphis, TN 38111
2beds
823sqft
Single Family Residence
Built in 1952
6,365 Square Feet Lot
$86,000 Zestimate®
$109/sqft
$-- HOA
What's special
Comfortable living space
- 14 days |
- 111 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Caleb Parr,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10228325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Living room
- Features: Separate Living Room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 823 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 6,365 Square Feet
- Dimensions: 67 x 95
- Features: Level
Details
- Parcel number: 058017 00019
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1952
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Prescott Village 3rd Addn
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $63,400
- Annual tax amount: $835
- Price range: $90K - $90K
- Date on market: 8/13/2026
- Cumulative days on market: 15 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$86,000
Estimated sales range
$81,000 - $90,000
Rent Zestimate®
$1,018/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $90,000$109/sqft |
Source: | ||
| 8/13/2026 | Listed for sale | $90,000+46.8%$109/sqft |
Source: | ||
| 3/5/2026 | Listed for rent | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2025 | Listing removed | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2025 | Listed for rent | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2023 | Sold | $61,299-8.5%$74/sqft |
Source: | ||
| 8/8/2023 | Listed for sale | $67,000+76.8%$81/sqft |
Source: | ||
| 5/19/2021 | Sold | $37,900+30.7%$46/sqft |
Source: Public Record Report a problem | ||
| 7/30/2020 | Sold | $29,000-8.5%$35/sqft |
Source: | ||
| 7/16/2020 | Listed for sale | $31,700+40.9%$39/sqft |
Source: The Peyton Co., Inc., REALTORS #10080692 Report a problem | ||
| 6/26/2000 | Sold | $22,500-21%$27/sqft |
Source: Public Record Report a problem | ||
| 8/12/1999 | Sold | $28,489+4%$35/sqft |
Source: Public Record Report a problem | ||
| 6/10/1996 | Sold | $27,400$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $835 +33.9% | $15,850 +67.3% |
| 2024 | $624 +8.1% | $9,475 |
| 2023 | $577 | $9,475 |
| 2022 | -- | $9,475 |
| 2021 | -- | $9,475 +41.4% |
| 2020 | $214 | $6,700 |
| 2019 | $214 -21.1% | $6,700 |
| 2018 | $271 -45.1% | $6,700 |
| 2017 | $495 +119.6% | $6,700 +1.1% |
| 2016 | $225 -24.9% | $6,625 |
| 2014 | $300 | $6,625 |
| 2013 | -- | $6,625 -29.5% |
| 2012 | -- | $9,400 |
| 2011 | -- | $9,400 |
| 2010 | -- | $9,400 |
| 2009 | -- | $9,400 -11.1% |
| 2008 | -- | $10,575 |
| 2007 | -- | $10,575 |
| 2006 | -- | $10,575 |
| 2005 | -- | $10,575 -4.7% |
| 2004 | -- | $11,100 |
| 2003 | -- | $11,100 |
| 2002 | -- | $11,100 |
| 2001 | -- | $11,100 +19% |
| 2000 | -- | $9,325 |
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.Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Sharpe Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Sherwood Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Overton High SchoolGrades: 9-12Distance: 2.5 mi
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