Don’t miss this newly renovated (2023), income-producing property featuring 3 bedrooms and 1 bathroom. Currently tenant-occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. But this property isn’t just for investors! It could also be a great opportunity for a first-time homebuyer looking for an affordable home with the potential to build equity and create long-term wealth. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School and Fairley High School. Whether you’re looking to add to your investment portfolio or purchase your first home, this property is worth a closer look! ?? Please do not disturb the tenants. No showings will be permitted until an acceptable offer has been received and accepted by the seller.
For sale
Price cut: $1K (9/15)
$116,900
223 Charter Ave, Memphis, TN 38109
3beds
1,147sqft
Single Family Residence
Built in 1960
8,276 Square Feet Lot
$113,600 Zestimate®
$102/sqft
$-- HOA
What's special
- 107 days
- 35
- 0
Zillow last checked:
Listing updated:
Listed by:
Raven J Henderson,
KAIZEN Realty, LLC 901-221-4041
Source: MAAR,MLS#: 10225371
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Other (See Remarks)
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Dimensions: 0 x 0
Bedroom 3
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Features: Tile Floor
Dining room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Eat-in Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
- Dimensions: 0 x 0
Living room
- Features: Great Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Other (See REMARKS)
Features
- All Bedrooms Down, Renovated Bathroom, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Other (See REMARKS), Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Tile, Vinyl
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 1,147 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Exterior features: Storage, Sidewalks
- Pool features: None
- Fencing: Chain Link,Chain Fence
Lot
- Size: 8,276 Square Feet
- Dimensions: 50 x 170
- Features: Some Trees
Details
- Parcel number: 075209 00003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Other (See Remarks)
- Roof: Other (See REMARKS)
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Acklena Land Company
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $62,300
- Annual tax amount: $821
- Price range: $116.9K - $116.9K
- Date on market: 7/3/2026
- Cumulative days on market: 109 days
- Listing terms: Conventional,FHA,Other (See REMARKS),VA Loan
Estimated market value
$113,600
$108,000 - $119,000
$1,037/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $116,900-0.8%$102/sqft |
Source: | ||
| 8/18/2026 | Price change | $117,900-0.5%$103/sqft |
Source: | ||
| 7/20/2026 | Price change | $118,500-0.4%$103/sqft |
Source: | ||
| 7/3/2026 | Listed for sale | $119,000+750%$104/sqft |
Source: | ||
| 12/9/2025 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2025 | Price change | $1,000-2.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2025 | Listed for rent | $1,025+7.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/27/2024 | Price change | $950+2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2024 | Listed for rent | $925+3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/3/2023 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/25/2023 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2020 | Sold | $14,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $821 +16% | $15,575 +44.9% |
| 2024 | $708 +8.1% | $10,750 |
| 2023 | $655 | $10,750 |
| 2022 | -- | $10,750 |
| 2021 | -- | $10,750 +15.3% |
| 2020 | $298 | $9,325 |
| 2019 | $298 -21.1% | $9,325 |
| 2018 | $378 -45.1% | $9,325 |
| 2017 | $688 +111.4% | $9,325 -2.6% |
| 2016 | $326 -16.8% | $9,575 |
| 2014 | $391 | $9,575 |
| 2013 | -- | $9,575 -22% |
| 2012 | -- | $12,275 |
| 2011 | -- | $12,275 |
| 2010 | -- | $12,275 |
| 2009 | -- | $12,275 -21.4% |
| 2008 | -- | $15,625 |
| 2007 | -- | $15,625 |
| 2006 | -- | $15,625 |
| 2005 | -- | $15,625 +16.6% |
| 2004 | -- | $13,400 |
| 2003 | -- | $13,400 |
| 2002 | -- | $13,400 |
| 2001 | -- | $13,400 +103% |
| 2000 | -- | $6,600 |
Find assessor info on the county website
Monthly payment
Est. payment



