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For sale
  • Price cut: $10K (6/11)
    $465,000

    1954 Manila Ave, Memphis, TN 38114

    --beds
    --baths
    --sqft
    : 
    $3,079/mo
    Get pre-qualified
    Multi Family
    Built in 1911
    -- sqft lot
    $452,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Great investment opportunity with income already in place! 1954 Manila Ave is a triplex featuring one 1 bedroom / 1 bath unit and two 2 bedroom / 1 bath units. Two units are currently tenant occupied, offering immediate rental income, while one vacant unit is available for showings — perfect for owner-occupants or investors looking to set their own rental rate. Convenient location with strong income potential and multiple living configurations. Whether you're looking to expand your investment portfolio or get started in multi-family ownership, this property offers great upside and opportunity!
    85 days
    |
    83
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brennan K Bynum,

    Keller Williams 662-892-4000

    Source: MAAR,MLS#: 10221042MLS Logo

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Connections
      Features
      • Flooring: Hardwood, Tile

      Property

      Parking
      • Parking features: 1 Per Unit
      Features
      • Stories: 1.5
      • Exterior features: Sidewalks
      • Fencing: Wood
      Lot
      • Size: 6,400 Square Feet
      • Dimensions: 50 x 128
      Details
      • Parcel number: 031116 00033

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle/Shake
      Condition
      • Year built: 1911

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mclaughlin
      Location
      • Region: Memphis

      Financial & listing details

      • Annual tax amount: $10,395
      • Date on market: 5/7/2026
      • Cumulative days on market: 86 days
      • Listing terms: Conventional
      • Lease term: 12 Months
      • Tenant pays: All Utilities, Security Deposit, Pet Depost

        Estimated market value

        $452,600

        $430,000 - $475,000

        $1,000/mo

        Price history

        DateEventPrice
        6/11/2026Price change$465,000-2.1%
        Source: MAAR #10221042 Report a problem
        6/4/2026Price change$475,000-2.9%
        Source: MAAR #10221042 Report a problem
        5/7/2026Listed for sale$489,000-2%
        Source: MAAR #10221042 Report a problem
        4/1/2026Listing removed$499,000
        Source: MAAR #10202631 Report a problem
        12/1/2025Listing removed$940
        Source: Zillow Rentals Report a problem
        11/20/2025Listed for rent$940
        Source: Zillow Rentals Report a problem
        9/16/2025Price change$499,000-3.1%
        Source: MAAR #10202631 Report a problem
        8/1/2025Listed for sale$515,000+8.4%
        Source: MAAR #10202631 Report a problem
        5/4/2022Sold$475,000-2.1%
        Source: MAAR #10120680 Report a problem
        4/4/2022Contingent$485,000+2.1%
        Source: MAAR #10120680 Report a problem
        3/31/2022Listed for sale$475,000+503.6%
        Source: MAAR #10120680 Report a problem
        6/19/2015Sold$78,700
        Source: MAAR #9951576 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        67 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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