Sold for $176,000

$176,000

2360 Faxon Ave, Memphis, TN 38112

3beds

1,620sqft

Duplex

Built in 1959

-- sqft lot

$177,400 Zestimate^®

$109/sqft

$1,260 Estimated rent

Home value

$177,400

$153,000 - $200,000

$1,260/mo

Zestimate^® history

Owner options

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$1,260/mo

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$1,260/mo

Rent Zestimate^®

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$1,161/mo

Est. payment

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$1,161/mo

Est. payment

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What's special

New electrical boxesStainless steel appliancesUpdated kitchenGranite countertopCentral hvac

Charming duplex near the heart of Midtown! Walk distance to overton park. It features a 1-bedroom unit and a 2-bedroom unit. Central HVAC and new electrical boxes installed recently. The 2-bedroom unit has an updated kitchen with granite countertop and stainless steel appliances. The total scheduled monthly income is $1575, with room to grow. The 2-bedroom unit is vacant and available for viewing, while the 1-bedroom unit is tenant-occupied and can be shown after contract acceptance. Sale as is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Water Heater

Features

W/D Connection in Kitchen
Flooring: Part Hardwood

Interior area

Total interior livable area: 1,620 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 0.32 Acres
Dimensions: 101 x 136
Features: Level

Details

Parcel number: 052015 00025

Construction

Type & style

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

Materials

Brick Veneer

Condition

Year built: 1959

Community & neighborhood

Location

Region: Memphis
Subdivision: Gill Jean Re

Other

Other facts

Listing terms: Conventional

Price history

Date	Event	Price
8/8/2024	Sold	$176,000-11.6%$109/sqft
Source: MAAR #10175888 Report a problem
7/18/2024	Contingent	$199,000$123/sqft
Source: MAAR #10175888 Report a problem
6/29/2024	Listed for sale	$199,000+101.4%$123/sqft
Source: MAAR #10175888 Report a problem
5/29/2020	Sold	$98,800+0.8%$61/sqft
Source: MAAR #10075973 Report a problem
5/6/2020	Listed for sale	$98,000$60/sqft
Source: Crye-Leike Commercial #10075973 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,232 +98.9%	$61,320 +148.5%
2024	$1,625 +8.1%	$24,675
2023	$1,503	$24,675
2022	--	$24,675
2021	--	$24,675 +26.2%
2020	$625	$19,550
2019	$625 -21.1%	$19,550
2018	$792 -45.1%	$19,550
2017	$1,443 +155.3%	$19,550 +17.6%
2016	$565 +22.9%	$16,625
2014	$460	$16,625 -14%
2013	--	$19,325 +34%
2012	--	$14,425
2011	--	$14,425
2010	--	$14,425
2009	--	$14,425 -10.1%
2008	--	$16,050
2007	--	$16,050
2006	--	$16,050
2005	--	$16,050 +12%
2004	--	$14,325
2003	--	$14,325
2002	--	$14,325
2001	--	$14,325 +38.4%
2000	--	$10,350