ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.
For sale
$155,000
1864 Macaulay Ave, Memphis, TN 38127
3beds
1,467sqft
Single Family Residence
Built in 1957
0.27 Acres Lot
$147,200 Zestimate®
$106/sqft
$-- HOA
What's special
Spacious fenced-in backyardFresh paintNew carpetCovered parking
- 61 days
- 58
- 8
Zillow last checked:
Listing updated:
Listed by:
Jeremy R Veldman,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10225239
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Area: 100
- Dimensions: 10 x 10
Dining room
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Features: Eat-in Kitchen
Living room
- Area: 100
- Dimensions: 10 x 10
Den
- Area: 100
- Dimensions: 10 x 10
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,467 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway/Pad
- Covered spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
Lot
- Size: 0.27 Acres
- Dimensions: 80 x 150
- Features: Level
Details
- Parcel number: 071005 00021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1957
Community & HOA
Community
- Subdivision: Georgian Hills Blk E
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $97,200
- Annual tax amount: $1,281
- Price range: $155K - $155K
- Date on market: 7/2/2026
- Cumulative days on market: 63 days
Estimated market value
$147,200
$140,000 - $155,000
$1,317/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $155,000+287.5%$106/sqft |
Source:  MAAR #10225239 Report a problem | ||
| 5/14/2025 | Listing removed | $1,375$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2025 | Listed for rent | $1,375+19.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/29/2023 | Listed for rent | $1,150+17.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/21/2021 | Listed for rent | $975$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/28/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/24/2021 | Listed for rent | $975+5.4%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/16/2020 | Listing removed | $925$1/sqft |
Source: Advantage Property Management Report a problem | ||
| 7/14/2020 | Listed for rent | $925$1/sqft |
Source: Advantage Property Management Report a problem | ||
| 6/22/2020 | Sold | $40,000-16.7%$27/sqft |
Source: MAAR #10077980 Report a problem | ||
| 6/9/2020 | Pending sale | $48,000$33/sqft |
Source: Bartlett - WEICHERT, REALTORS - SPM #10077980 Report a problem | ||
| 6/5/2020 | Listed for sale | $48,000-14.3%$33/sqft |
Source: Weichert REALTOR-SPM #10077980 Report a problem | ||
| 11/18/1998 | Sold | $56,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,281 +15.4% | $24,300 +44.2% |
| 2024 | $1,110 +8.1% | $16,850 |
| 2023 | $1,026 | $16,850 |
| 2022 | -- | $16,850 |
| 2021 | -- | $16,850 +35.3% |
| 2020 | $398 | $12,450 |
| 2019 | $398 -21.1% | $12,450 |
| 2018 | $504 -45.1% | $12,450 |
| 2017 | $919 +116.2% | $12,450 -0.4% |
| 2016 | $425 -14.7% | $12,500 |
| 2014 | $498 | $12,500 |
| 2013 | -- | $12,500 -20% |
| 2012 | -- | $15,625 |
| 2011 | -- | $15,625 |
| 2010 | -- | $15,625 |
| 2009 | -- | $15,625 -12.5% |
| 2008 | -- | $17,850 |
| 2007 | -- | $17,850 |
| 2006 | -- | $17,850 |
| 2005 | -- | $17,850 +16.9% |
| 2004 | -- | $15,275 |
| 2003 | -- | $15,275 |
| 2002 | -- | $15,275 |
| 2001 | -- | $15,275 +5.5% |
| 2000 | -- | $14,475 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shelby Forest-Frayser
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