Closed

$117,000

1623 Galveston St, Memphis, TN 38114

4beds

4baths

2,105sqft

Multi Family

Built in 1968

-- sqft lot

$176,400 Zestimate^®

$56/sqft

$1,130 Estimated rent

Home value

$176,400

$152,000 - $201,000

$1,130/mo

Zestimate^® history

Owner options

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$1,130/mo

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$1,130/mo

Rent Zestimate^®

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$588/mo

Est. payment

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$588/mo

Est. payment

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What's special

Investors only! This brick Duplex is already fully rented, 100% occupied. The addresses are 1623 and 1625 Galveston. The units are both 2BED, 1.5BATH each. 1623 is rented for $875 per month and 1625 is rented for $725 per month. Do not approach or disturb tenants. No showings without an accepted offer. This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Central

Cooling

Central Air

Features

Flooring: Tile

Interior area

Total structure area: 2,105
Total interior livable area: 2,105 sqft

Property

Features

Levels: Three Or More
Stories: 1

Lot

Size: 8,340 Square Feet
Dimensions: 60 x 139

Details

Parcel number: 059037 A00198
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1968

Community & HOA

Community

Subdivision: Cherokee Heights 1st Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $56/sqft
Tax assessed value: $127,700
Annual tax amount: $1,954
Date on market: 9/26/2025
Total actual rent: 1600
Tenant pays: Electricity, Water, Gas

Price history

Date	Event	Price
9/26/2025	Sold	$117,000-2.5%$56/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084056 Report a problem
8/22/2025	Pending sale	$120,000$57/sqft
Source: MAAR #10203938 Report a problem
8/20/2025	Listed for sale	$120,000+38%$57/sqft
Source: MAAR #10203938 Report a problem
5/26/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
5/17/2022	Listed for rent	$800+39.1%
Source: Zillow Rental Network Premium Report a problem
4/28/2011	Listing removed	$575
Source: Revid Realty, LLC. #3220370 Report a problem
4/9/2011	Price change	$575+4.5%
Source: Revid Realty, LLC. #3220370 Report a problem
3/27/2011	Listed for rent	$550
Source: Revid Realty, LLC. #3220370 Report a problem
12/18/2007	Sold	$86,988$41/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,692 +37.7%	$51,080 +72.1%
2024	$1,955 +8.1%	$29,680
2023	$1,808	$29,680
2022	--	$29,680
2021	--	$29,680 +14.2%
2020	$831	$26,000
2019	$831 -21.1%	$26,000
2018	$1,053 -45.1%	$26,000
2017	$1,919 +139.2%	$26,000 +10.2%
2016	$802 +19.6%	$23,600
2014	$671	$23,600 -17.8%
2013	--	$28,720 +89.4%
2012	--	$15,160 -27.9%
2011	--	$21,040 -22.4%
2010	--	$27,120
2009	--	$27,120
2008	--	$27,120
2007	--	$27,120
2006	--	$27,120 -7.6%
2005	--	$29,360 +8.3%
2004	--	$27,120
2003	--	$27,120
2002	--	$27,120
2001	--	$27,120 +9%
2000	--	$24,880