Closed

$128,000

2197 S Wellington St, Memphis, TN 38106

3beds

1,083sqft

Single Family Residence, Residential

Built in 1949

0.27 Acres Lot

$25,000 Zestimate^®

$118/sqft

$1,149 Estimated rent

Home value

$25,000

$24,000 - $27,000

$1,149/mo

Zestimate^® history

Owner options

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$1,149/mo

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$1,149/mo

Rent Zestimate^®

Refinance and save

$840/mo

Est. payment

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$840/mo

Est. payment

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What's special

This 3-bedroom, 1.5-bathroom home, complete with a separate dining room, presents a promising investment opportunity for the savvy buyer. Despite having experienced fire damage, some repairs have already been undertaken by the previous owner, providing a solid foundation for a new investor to continue the transformation. With a bit of vision and effort, this property has the potential to become a highly profitable asset. Priced to sell, the home requires a full rehab and is being sold AS-IS, making it an ideal project for those looking to add significant value through renovation. Don’t miss the chance to transform this property into a lucrative investment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Other

Cooling

Other

Features

Flooring: Other

Interior area

Total structure area: 1,083
Total interior livable area: 1,083 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Porch

Lot

Size: 0.27 Acres
Dimensions: 60 x 200

Details

Parcel number: 049009 00033
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Subdivision: Longview Heights 2nd Addition Blk 222

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $118/sqft
Tax assessed value: $50,500
Annual tax amount: $555
Date on market: 8/18/2025

Price history

Date	Event	Price
3/26/2026	Sold	$128,000+412%$118/sqft
Source: Public Record Report a problem
8/18/2025	Sold	$25,000$23/sqft
Source: RealTracs MLS as distributed by MLS GRID #3111360 Report a problem
8/7/2025	Pending sale	$25,000$23/sqft
Source: MAAR #10201476 Report a problem
7/17/2025	Listed for sale	$25,000$23/sqft
Source: MAAR #10201476 Report a problem
12/23/2024	Sold	$25,000-10.7%$23/sqft
Source: MAAR #10185967 Report a problem
12/13/2024	Pending sale	$28,000$26/sqft
Source: MAAR #10185967 Report a problem
11/29/2024	Listed for sale	$28,000+86.7%$26/sqft
Source: MAAR #10185967 Report a problem
2/22/2024	Sold	$15,000$14/sqft
Source: Public Record Report a problem
3/22/2007	Sold	$15,000-49.5%$14/sqft
Source: Public Record Report a problem
12/8/2006	Sold	$29,704$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$665 +19.9%	$12,625 +49.9%
2024	$555 +8.1%	$8,425
2023	$513	$8,425
2022	--	$8,425
2021	--	$8,425 +6.6%
2020	$252	$7,900
2019	$252 -21.1%	$7,900
2018	$320 -45.1%	$7,900
2017	$583 +122.7%	$7,900 +2.6%
2016	$262 -16.9%	$7,700
2014	$315	$7,700
2013	--	$7,700 -22%
2012	--	$9,875
2011	--	$9,875
2010	--	$9,875
2009	--	$9,875 -2.5%
2008	--	$10,125
2007	--	$10,125
2006	--	$10,125
2005	--	$10,125 +7.7%
2004	--	$9,400
2003	--	$9,400
2002	--	$9,400
2001	--	$9,400 +6.5%
2000	--	$8,825