For sale

Price cut: $1K (8/28)

$28,900

243 1st Ave, Memphis, TN 38109

4beds

1,008sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1956

7,405 Square Feet Lot

$-- Zestimate^®

$29/sqft

$-- HOA

What's special

Central heatWalk-out basementHardwood floors

Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

43 days
753
53

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Dimensions: 0 x 0

Bedroom 2

Level: First

Bedroom 3

Level: First

Dining room

Dimensions: 0 x 0

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

220 Wiring, None

Appliances

Included: Gas Water Heater, Other (See REMARKS)

Features

All Bedrooms Down, 1 Bath, 2nd Bedroom, 3rd Bedroom, Kitchen, Living Room, Primary Bedroom, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood, Vinyl
Basement: Partial,Walk-Out Access
Has fireplace: Yes
Fireplace features: Other (See Remarks)

Interior area

Total interior livable area: 1,008 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 150
Features: Some Trees

Details

Parcel number: 050007 00009

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer, Wood/Composition
Roof: Composition Shingles

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Riverside Park

Location

Region: Memphis

Financial & listing details

Price per square foot: $29/sqft
Tax assessed value: $45,600
Annual tax amount: $601
Price range: $28.9K - $28.9K
Date on market: 7/21/2026
Cumulative days on market: 43 days
Listing terms: Other (See REMARKS)

Estimated market value

Not available

Estimated sales range

Not available

$1,189/mo

Price history

Date	Event	Price
8/28/2026	Price change	$28,900-3.3%$29/sqft
Source: MAAR #10226606 Report a problem
8/17/2026	Price change	$29,900-25.1%$30/sqft
Source: MAAR #10226606 Report a problem
7/21/2026	Listed for sale	$39,900$40/sqft
Source: MAAR #10226606 Report a problem
8/24/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
6/30/2022	Listed for rent	$695$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$601 +8.3%	$11,400 +35.3%
2024	$555 +8.1%	$8,425
2023	$513	$8,425
2022	--	$8,425
2021	--	$8,425 +23%
2020	$219	$6,850
2019	$219 -21.1%	$6,850
2018	$277 -45.1%	$6,850
2017	$506 +98.9%	$6,850 -8.4%
2016	$254 -15.7%	$7,475
2014	$301	$7,475
2013	--	$7,475 -20.9%
2012	--	$9,450
2011	--	$9,450
2010	--	$9,450
2009	--	$9,450 -2.6%
2008	--	$9,700
2007	--	$9,700
2006	--	$9,700
2005	--	$9,700 +11.8%
2004	--	$8,675
2003	--	$8,675
2002	--	$8,675
2001	--	$8,675 -0.9%
2000	--	$8,750