Closed

$78,000

2291 Norman Ave, Memphis, TN 38108

2beds

775sqft

Single Family Residence, Residential

Built in 1950

4,356 Square Feet Lot

$78,100 Zestimate^®

$101/sqft

$902 Estimated rent

Home value

$78,100

$74,000 - $83,000

$902/mo

Zestimate^® history

Owner options

List your home for rent

$902/mo

Rent Zestimate^®

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$902/mo

Rent Zestimate^®

Refinance and save

$392/mo

Est. payment

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$392/mo

Est. payment

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What's special

Fully renovated property featuring a new roof, updated HVAC system, modern light fixtures, a fully remodeled bathroom, and all-new exterior siding. The home has been completely updated throughout, and the photos were recently taken. Property is currently tenant-occupied with a well-qualified resident paying $950/month on a lease that expires November 15, 2026 — offering immediate cash flow. This is a great investment opportunity that beats the 1% rule and is perfect for any investor seeking a fully turnkey property with a reliable tenant already in place. No showings without an accepted offer. Please call the listing agent with any questions.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Laundry: Washer Hookup

Features

Flooring: Tile
Basement: Other

Interior area

Total structure area: 775
Total interior livable area: 775 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1
Patio & porch: Patio, Porch
Fencing: Chain Link

Lot

Size: 4,356 Square Feet
Dimensions: 40 x 110

Details

Parcel number: 042029 00006
Special conditions: Standard

Construction

Type & style

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

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Mayfield

HOA

Has HOA: No
Amenities included: Sidewalks

Location

Region: Memphis

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $67,700
Annual tax amount: $318
Date on market: 11/14/2025

Price history

Date	Event	Price
1/29/2026	Sold	$78,000-7.1%$101/sqft
Source: RealTracs MLS as distributed by MLS GRID #3122568 Report a problem
1/6/2026	Pending sale	$84,000$108/sqft
Source: MAAR #10209810 Report a problem
12/22/2025	Price change	$84,000-1.2%$108/sqft
Source: MAAR #10209810 Report a problem
11/14/2025	Listed for sale	$85,000-6.6%$110/sqft
Source: MAAR #10209810 Report a problem
2/8/2023	Listing removed	--
Source: MAAR #10140436 Report a problem
1/14/2023	Listed for sale	$91,000+727.3%$117/sqft
Source: MAAR #10140436 Report a problem
5/23/2022	Sold	$11,000-56.2%$14/sqft
Source: Public Record Report a problem
4/15/2022	Price change	$25,100-16.1%$32/sqft
Source: MAAR #10120211 Report a problem
4/13/2022	Price change	$29,900-14.3%$39/sqft
Source: MAAR #10120211 Report a problem
3/24/2022	Listed for sale	$34,900+145.8%$45/sqft
Source: MAAR #10120211 Report a problem
8/28/2020	Sold	$14,200$18/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$892 +180.7%	$16,925 +250.8%
2024	$318 +8.1%	$4,825
2023	$294	$4,825
2022	--	$4,825
2021	--	$4,825 +10.3%
2020	$140	$4,375
2019	$140 -21.1%	$4,375
2018	$177 -45.1%	$4,375
2017	$323 +122.2%	$4,375 +2.3%
2016	$145 -12.3%	$4,275
2014	$166	$4,275
2013	--	$4,275 -17.8%
2012	--	$5,200
2011	--	$5,200
2010	--	$5,200
2009	--	$5,200 -8.8%
2008	--	$5,700
2007	--	$5,700
2006	--	$5,700
2005	--	$5,700
2004	--	$5,700
2003	--	$5,700
2002	--	$5,700
2001	--	$5,700 +3.6%
2000	--	$5,500