Sold for $40,000

$40,000

2297 Dexter Ave, Memphis, TN 38108

2beds

1,050sqft

Duplex

Built in 1952

-- sqft lot

$72,500 Zestimate^®

$38/sqft

$870 Estimated rent

Home value

$72,500

$52,000 - $96,000

$870/mo

Zestimate^® history

Owner options

List your home for rent

$870/mo

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$870/mo

Rent Zestimate^®

Refinance and save

$201/mo

Est. payment

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$201/mo

Est. payment

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What's special

Instant income producing property at $1200 per month. 1 bedroom 1 bath each side renting at $600.00 Selling AS-IS priced below market for a quick sale and to accommodate needed repairs. Lease ends May 2026

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

1 Window Unit per Unit

Appliances

Included: Gas Water Heater

Features

Separate Living Room
Flooring: Wood Laminate Floors

Interior area

Total interior livable area: 1,050 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 6,000 Square Feet
Dimensions: 50 x 120
Features: Level

Details

Parcel number: 042037 00041

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer

Condition

Year built: 1952

Community & HOA

Community

Subdivision: Monarch Home

Location

Region: Memphis

Financial & listing details

Price per square foot: $38/sqft
Tax assessed value: $41,400
Annual tax amount: $732
Date on market: 6/10/2025
Cumulative days on market: 5 days
Listing terms: Other (See Remarks)
Lease term: 12 Months
Total actual rent: 600

Price history

Date	Event	Price
6/27/2025	Sold	$40,000+14.3%$38/sqft
Source: MAAR #10198685 Report a problem
6/14/2025	Pending sale	$35,000$33/sqft
Source: MAAR #10198685 Report a problem
6/10/2025	Listed for sale	$35,000-30%$33/sqft
Source: MAAR #10198685 Report a problem
11/20/2014	Listing removed	$50,000$48/sqft
Source: The Peyton Company, Inc Realtors #9927593 Report a problem
5/28/2014	Listed for sale	$50,000$48/sqft
Source: The Peyton Company, Inc Realtors #9927593 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$873 +19.2%	$16,560 +48.9%
2024	$732 +8.1%	$11,120
2023	$677	$11,120
2022	--	$11,120
2021	--	$11,120 +15.8%
2020	$307	$9,600
2019	$307 -21.1%	$9,600
2018	$389 -45.1%	$9,600
2017	$709 +178.6%	$9,600 +28.3%
2016	$254 -16.9%	$7,480
2014	$306	$7,480
2013	--	$7,480 -22.1%
2012	--	$9,600
2011	--	$9,600
2010	--	$9,600
2009	--	$9,600 -6.3%
2008	--	$10,240
2007	--	$10,240
2006	--	$10,240
2005	--	$10,240 -10.2%
2004	--	$11,400
2003	--	$11,400
2002	--	$11,400
2001	--	$11,400 +19.7%
2000	--	$9,520