INVESTOR ALERT! 4-bedroom, 2-bath investment opportunity located in a historic Memphis neighborhood. Previously rented through the Section 8 program for over $1,000 per month and will be delivered vacant at closing, providing flexibility for investors to place a new tenant or owner-occupants looking for value. Features a spacious layout, strong rental potential, and convenient access to schools, shopping, major roadways, and downtown Memphis. A great addition to any buy-and-hold portfolio or investment strategy. Do not disturb occupants No wholesalers. Serious inquiries only.
Active
$50,000
237 W Person Ave, Memphis, TN 38109
4beds
1,368sqft
Residential, Single Family Residence
Built in 1929
4,356 Square Feet Lot
$-- Zestimate®
$37/sqft
$-- HOA
What's special
Spacious layout
- 37 days |
- 282 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Melody Mitchell 901-240-9703,
Trust Realty Group 901-870-1224
Source: MLS United,MLS#: 4151328
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Family room
- Level: Main
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: None
- Laundry: None
Features
- Flooring: Laminate
- Doors: Storm Door(s)
- Has fireplace: No
Interior area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Concrete
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Central Living Area
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Other
- Fencing: Wrought Iron,Fenced
- Waterfront features: None
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 03506200007
- Zoning description: General Residential
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Fiberglass Siding
- Foundation: Slab
- Roof: Architectural Shingles
Condition
- Fixer
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Metes And Bounds
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $58,200
- Annual tax amount: $767
- Date on market: 6/27/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,265/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $50,000-24.2%$37/sqft |
Source: MLS United #4151328 Report a problem | ||
| 6/8/2026 | Listing removed | $65,999$48/sqft |
Source: MLS United #4151328 Report a problem | ||
| 6/2/2026 | Listed for sale | $65,999+106.2%$48/sqft |
Source: MLS United #4151328 Report a problem | ||
| 7/28/2022 | Sold | $32,000-20%$23/sqft |
Source:  MAAR #10121218 Report a problem | ||
| 7/13/2022 | Pending sale | $40,000$29/sqft |
Source: MAAR #10121218 Report a problem | ||
| 6/2/2022 | Listed for sale | $40,000$29/sqft |
Source: MAAR #10121218 Report a problem | ||
| 4/17/2022 | Pending sale | $40,000$29/sqft |
Source: MAAR #10121218 Report a problem | ||
| 4/7/2022 | Listed for sale | $40,000$29/sqft |
Source: MAAR #10121218 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $767 +52.7% | $14,550 +90.8% |
| 2024 | $502 +8.1% | $7,625 |
| 2023 | $464 | $7,625 |
| 2022 | -- | $7,625 |
| 2021 | -- | $7,625 +21.5% |
| 2020 | $201 | $6,275 |
| 2019 | $201 -21.1% | $6,275 |
| 2018 | $254 -45.1% | $6,275 |
| 2017 | $463 +108% | $6,275 -4.2% |
| 2016 | $223 -10.8% | $6,550 |
| 2014 | $250 | $6,550 |
| 2013 | -- | $6,550 -16.3% |
| 2012 | -- | $7,825 |
| 2011 | -- | $7,825 |
| 2010 | -- | $7,825 |
| 2009 | -- | $7,825 |
| 2008 | -- | $7,825 |
| 2007 | -- | $7,825 |
| 2006 | -- | $7,825 |
| 2005 | -- | $7,825 -5.4% |
| 2004 | -- | $8,275 |
| 2003 | -- | $8,275 |
| 2002 | -- | $8,275 |
| 2001 | -- | $8,275 +22.1% |
| 2000 | -- | $6,775 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 6/10Riverview Middle SchoolGrades: PK-8Distance: 0.3 mi
- 3/10Hamilton High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Shelby County
- Memphis
- 38109
- Downtown
- 237 W Person Ave
Nearby cities
Nearby neighborhoods
- Cordova-Appling Real estate
- Downtown Real estate
- East Memphis-Colonial-Yorkshire Real estate
- Hickory Ridge-South Riverdale Real estate
- Midtown Real estate
- Parkway Village-Oakhaven Real estate
- Raleigh Real estate
- River Oaks-Kirby-Balmoral Real estate
- Shelby Forest-Frayser Real estate
- White Haven-Coro Lake Real estate
Nearby zip codes
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