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For sale
  • $242,000

    2369 Lamar Ave, Memphis, TN 38114

    --beds
    --baths
    2,225sqft
    : 
    $1,635/mo
    Get pre-qualified
    Multi Family
    Built in 1945
    -- sqft lot
    $236,100 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    ** BACK ON THE MARKET AFTER BANK EVALUATION** New Price based on value analysis from a reputable bank! Seller will share valuation report with accepted offer! Discover a proven cash-flowing triplex at 2369 Lamar Ave, featuring three 1-bed, 1-bath units with past rents of $500, $550, and $600. This property has been one of the seller’s consistent cash cows, delivering steady returns in a high-demand rental corridor. With strong rental history, simple upkeep, and solid tenant appeal, this is the perfect addition to any buy-and-hold portfolio. Serious inquiries only. Proof of funds required for showings.
    71 days
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    30
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica R Wright,

    Key Connect Group, LLC 901-340-9178

    Source: MAAR,MLS#: 10210695MLS Logo

      Facts & features

      Interior

      Heating
      • Other (See Remarks)
      Cooling
      • 1 Window Unit per Unit
      Appliances
      • Laundry: None
      Features
      • Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Basement: Other (See Remarks)
      Interior area
      • Total interior livable area: 2,225 sqft

      Property

      Parking
      • Parking features: Gravel
      Features
      • Stories: 1.5
      Lot
      • Size: 10,700 Square Feet
      • Dimensions: 50 x 214
      Details
      • Parcel number: 047060 00004

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Less Right Of Way -bethel Grove Blk 134
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $105,100
      • Annual tax amount: $1,802
      • Date on market: 5/14/2026
      • Cumulative days on market: 218 days
      • Listing terms: Conventional,Private Financing Available
      • Inclusions: All Appliances
      • Lease term: 12 Months
      • Tenant pays: All Utilities

        Estimated market value

        $236,100

        $224,000 - $248,000

        $926/mo

        Price history

        DateEventPrice
        5/14/2026Listed for sale$242,000+34.5%$109/sqft
        Source: MAAR #10210695 Report a problem
        4/27/2026Listing removed$179,900$81/sqft
        Source: MAAR #10210695 Report a problem
        2/4/2026Price change$179,900-0.1%$81/sqft
        Source: MAAR #10210695 Report a problem
        12/2/2025Listed for sale$180,000+2.9%$81/sqft
        Source: MAAR #10210695 Report a problem
        10/20/2023Listing removed--
        Source: MAAR #10148902 Report a problem
        8/21/2023Price change$175,000-2.2%$79/sqft
        Source: MAAR #10148902 Report a problem
        7/3/2023Price change$178,900-0.6%$80/sqft
        Source: MAAR #10148902 Report a problem
        5/28/2023Listed for sale$179,900+99.9%$81/sqft
        Source: MAAR #10148902 Report a problem
        1/6/2020Listing removed$90,000$40/sqft
        Source: Adaro Realty, Inc. #10057500 Report a problem
        7/16/2019Listed for sale$90,000+140%$40/sqft
        Source: Adaro Realty, Inc. #10057500 Report a problem
        7/25/2016Sold$37,500-6%$17/sqft
        Source: MAAR #9971695 Report a problem
        3/2/2016Listed for sale$39,900$18/sqft
        Source: McWaters & Associates #9971695 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,216 +23%$42,040 +53.7%
        2024$1,802 +8.1%$27,360
        2023$1,667 $27,360
        2022-- $27,360
        2021-- $27,360 +7.7%
        2020$812 $25,400
        2019$812 -21.1%$25,400
        2018$1,029 -45.1%$25,400
        2017$1,875 +147.1%$25,400 +13.8%
        2016$759 +7%$22,320
        2014$709 $22,320
        2013-- $22,320 +0.4%
        2012-- $22,240
        2011-- $22,240 -12.3%
        2010-- $25,360 -16.6%
        2009-- $30,400
        2008-- $30,400
        2007-- $30,400
        2006-- $30,400
        2005-- $30,400 +15.2%
        2004-- $26,400
        2003-- $26,400
        2002-- $26,400
        2001-- $26,400 +24.3%
        2000-- $21,240
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Memphis-Colonial-Yorkshire

        Getting around

        72 / 100
        Very Walkable
        35 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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