Investment opportunity with great potential! This property offers good bones, hardwood floors throughout, and a large backyard. Renovations and updates are needed to maximize its full potential, making it an excellent opportunity for investors looking to add value. Property is being sold as-is.
For sale
$120,000
2340 McGowan Dr, Memphis, TN 38127
3beds
1,684sqft
:
Get pre-qualified$843/mo
Single Family Residence
Built in 1960
0.27 Acres Lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
Large backyardHardwood floors throughout
- 7 days |
- 197 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Bolding,
Keller Williams 901-261-7900
Source: MAAR,MLS#: 10226568
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,684 sqft
Property
Parking
- Total spaces: 1
- Parking features: Other (See REMARKS)
- Covered spaces: 1
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 0.27 Acres
- Dimensions: 89 x 148
- Features: Other (See Remarks)
Details
- Parcel number: 071043 00025
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1960
Community & HOA
Community
- Subdivision: St Elmo Third Addition
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $108,600
- Annual tax amount: $1,431
- Price range: $120K - $120K
- Date on market: 7/20/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,192/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $120,000-4%$71/sqft |
Source:  MAAR #10226568 Report a problem | ||
| 4/4/2024 | Sold | $125,000$74/sqft |
Source: MAAR #10167166 Report a problem | ||
| 3/19/2024 | Contingent | $125,000$74/sqft |
Source: MAAR #10167166 Report a problem | ||
| 3/5/2024 | Listed for sale | $125,000+52.4%$74/sqft |
Source: MAAR #10167166 Report a problem | ||
| 11/2/2021 | Sold | $82,000$49/sqft |
Source: MAAR #10109165 Report a problem | ||
| 9/21/2021 | Listed for sale | $82,000$49/sqft |
Source: MAAR #10109165 Report a problem | ||
| 9/14/2021 | Listing removed | -- |
Source: MAAR #10106381 Report a problem | ||
| 8/23/2021 | Pending sale | $82,000$49/sqft |
Source: MAAR #10106381 Report a problem | ||
| 8/13/2021 | Listed for sale | $82,000+82.2%$49/sqft |
Source: MAAR #10106381 Report a problem | ||
| 2/14/2019 | Sold | $45,000+221.4%$27/sqft |
Source: Public Record Report a problem | ||
| 11/27/2017 | Sold | $14,000-38.9%$8/sqft |
Source: MAAR #10002972 Report a problem | ||
| 10/13/2017 | Price change | $22,900-23.4%$14/sqft |
Source: Homestead Real Estate Group #10002972 Report a problem | ||
| 8/23/2017 | Price change | $29,900-14.3%$18/sqft |
Source: Homestead Real Estate Group #10002972 Report a problem | ||
| 7/17/2017 | Price change | $34,900-7.9%$21/sqft |
Source: Homestead Real Estate Group #10002972 Report a problem | ||
| 6/9/2017 | Price change | $37,900-11.7%$23/sqft |
Source: Homestead Real Estate Group #10002972 Report a problem | ||
| 5/22/2017 | Listed for sale | $42,900$25/sqft |
Source: Homestead Real Estate Group #10002972 Report a problem | ||
| 4/17/2017 | Listing removed | $42,900$25/sqft |
Source: Engelke Home Sales, LLC #9993603 Report a problem | ||
| 3/29/2017 | Price change | $42,900-14%$25/sqft |
Source: Engelke Home Sales, LLC #9993603 Report a problem | ||
| 3/1/2017 | Price change | $49,900-23.1%$30/sqft |
Source: Engelke Home Sales, LLC #9993603 Report a problem | ||
| 2/2/2017 | Listed for sale | $64,900+44.2%$39/sqft |
Source: Engelke Home Sales, LLC #9993603 Report a problem | ||
| 10/28/2016 | Sold | $45,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,431 +18.3% | $27,150 +47.8% |
| 2024 | $1,210 +8.1% | $18,375 |
| 2023 | $1,119 | $18,375 |
| 2022 | -- | $18,375 |
| 2021 | -- | $18,375 +26.1% |
| 2020 | $466 | $14,575 |
| 2019 | $466 -21.1% | $14,575 |
| 2018 | $590 -45.1% | $14,575 |
| 2017 | $1,076 +125.2% | $14,575 +3.7% |
| 2016 | $478 -14.8% | $14,050 |
| 2014 | $560 | $14,050 |
| 2013 | -- | $14,050 -20.1% |
| 2012 | -- | $17,575 |
| 2011 | -- | $17,575 |
| 2010 | -- | $17,575 |
| 2009 | -- | $17,575 +0.1% |
| 2008 | -- | $17,550 |
| 2007 | -- | $17,550 |
| 2006 | -- | $17,550 |
| 2005 | -- | $17,550 +2.3% |
| 2004 | -- | $17,150 |
| 2003 | -- | $17,150 |
| 2002 | -- | $17,150 |
| 2001 | -- | $17,150 +5.7% |
| 2000 | -- | $16,225 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Shelby Forest-Frayser
Nearby schools
GreatSchools rating
- 5/10Hawkins Mill Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Georgian Hills Junior High SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Trezevant High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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