this is a cash cow 2 units 3bedroom 2 baths each . aprox 1200sqft each.
one unit is occupied by tenant rent for $800. one unit is vacant. so owner can occupy or rent out. new ac and heat in both units with a 10yr warranty. too many upgrades to mention
Sold for $115,000
$115,000
1611 S Pkwy E, Memphis, TN 38106
5beds
2,464sqft
MultiFamily
Built in 1927
-- sqft lot
$187,000 Zestimate®
$47/sqft
$1,212 Estimated rent
Home value
$187,000
$146,000 - $230,000
$1,212/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Forced air
Features
- Flooring: Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,464 sqft
Property
Features
- Exterior features: Brick
- Has view: Yes
- View description: Park
Lot
- Size: 0.37 Acres
Details
- Parcel number: 03101300005
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1927
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $156,800
- Annual tax amount: $2,066
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $115,000$47/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/17/2019 | Listing removed | $115,000$47/sqft |
Source: Owner Report a problem | ||
| 8/7/2019 | Listed for sale | $115,000+360%$47/sqft |
Source: Owner Report a problem | ||
| 8/3/2018 | Sold | $25,000-16.7%$10/sqft |
Source: Public Record Report a problem | ||
| 7/28/2006 | Sold | $30,000-56.2%$12/sqft |
Source: Public Record Report a problem | ||
| 2/10/2006 | Sold | $68,422$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,066 +19% | $39,200 +48.6% |
| 2024 | $1,737 +8.1% | $26,375 |
| 2023 | $1,607 | $26,375 |
| 2022 | -- | $26,375 |
| 2021 | -- | $26,375 +18.1% |
| 2020 | $714 | $22,325 |
| 2019 | $714 -50.7% | $22,325 -37.5% |
| 2018 | $1,447 -45.1% | $35,720 |
| 2017 | $2,637 +138.5% | $35,720 +9.8% |
| 2016 | $1,106 +44.5% | $32,520 |
| 2014 | $765 | $32,520 |
| 2013 | -- | $32,520 +35.5% |
| 2012 | -- | $24,000 |
| 2011 | -- | $24,000 -40.1% |
| 2010 | -- | $40,040 |
| 2009 | -- | $40,040 +101.7% |
| 2008 | -- | $19,850 |
| 2007 | -- | $19,850 |
| 2006 | -- | $19,850 |
| 2005 | -- | $19,850 +22% |
| 2004 | -- | $16,275 |
| 2003 | -- | $16,275 |
| 2002 | -- | $16,275 |
| 2001 | -- | $16,275 -3.6% |
| 2000 | -- | $16,875 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 3/10Hamilton High SchoolGrades: 9-12Distance: 0.8 mi
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- Tennessee
- Shelby County
- Memphis
- 38106
- Midtown
- 1611 S Pkwy E
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