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Pending
  • $97,500

    245 W Person Ave, Memphis, TN 38109

    4beds
    1,149sqft
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    Single Family Residence
    Built in 2001
    5,662 Square Feet Lot
    $124,300 Zestimate®
    $85/sqft
    $-- HOA

    What's special

    Fully fenced yardNew roof
    This income-producing property features multiple well- maintained improvements, making it an ideal investment opportunity. The home includes a new roof (2025). Exterior and interior paint completed within 5 years,HVAC system installed just 5 years ago. A hot water heater installed approximately 3 years ago all contributing to long term efficiency. The fully fenced yard offers privacy — with wire fencing in the front and a six-foot wood privacy fence in the rear. Inside flooring throughout, the home was updated approximately 5 years ago including ceramic tile in the den, kitchen, and bathrooms. Currently rented at 1,750 a month this turn key property is ready to generate returns day 1
    365 days
    |
    7
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Jackson,

    KAIZEN Realty, LLC 901-221-4041

    Source: MAAR,MLS#: 10201607MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 143
      • Dimensions: 11 x 13
      Dining room
      • Features: Separate Dining Room
      • Area: 81
      • Dimensions: 9 x 9
      Kitchen
      • Features: Updated/Renovated Kitchen, Washer/Dryer Connections
      Living room
      • Features: Separate Living Room
      • Area: 168
      • Dimensions: 12 x 14
      Den
      • Area: 144
      • Dimensions: 12 x 12
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
      • Flooring: Tile
      • Windows: Double Pane Windows
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,149 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway/Pad
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Covered Patio
      • Pool features: None
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 60 x 100
      • Features: Other (See Remarks)
      Details
      • Parcel number: 035062 00004C

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2001

      Community & HOA

      Community
      • Subdivision: S Fort Pickering Blk 3
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $85/sqft
      • Tax assessed value: $96,700
      • Annual tax amount: $902
      • Price range: $97.5K - $97.5K
      • Date on market: 7/19/2025
      • Cumulative days on market: 292 days

        Estimated market value

        $124,300

        $108,000 - $139,000

        $1,366/mo

        Price history

        DateEventPrice
        7/26/2025Pending sale$97,500$85/sqft
        Source: MAAR #10201607 Report a problem
        7/19/2025Listed for sale$97,500+492.6%$85/sqft
        Source: MAAR #10201607 Report a problem
        8/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/6/2023Price change$1,600-11.1%$1/sqft
        Source: Zillow Rentals Report a problem
        7/25/2023Listed for rent$1,800$2/sqft
        Source: Zillow Rentals Report a problem
        6/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/15/2023Price change$1,800+9.1%$2/sqft
        Source: Zillow Rentals Report a problem
        4/22/2023Price change$1,650+3.1%$1/sqft
        Source: Zillow Rentals Report a problem
        4/7/2023Listed for rent$1,600+52.4%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        1/20/2018Listing removed$1,050$1/sqft
        Source: Owner Report a problem
        12/21/2017Price change$1,050+23.5%$1/sqft
        Source: Owner Report a problem
        11/27/2017Listed for rent$850$1/sqft
        Source: Owner Report a problem
        12/6/2016Sold$16,452-62.1%$14/sqft
        Source: Public Record Report a problem
        7/19/2001Sold$43,358+2067.9%$38/sqft
        Source: Public Record Report a problem
        1/26/2000Sold$2,000$2/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,274 +41.2%$24,175 +76.5%
        2024$902 +8.1%$13,700
        2023$835 $13,700
        2022-- $13,700
        2021-- $13,700 +19.7%
        2020$366 $11,450
        2019$366 -21.1%$11,450
        2018$464 -1.9%$11,450
        2017$473 --
        2016$473 -12.6%$13,900
        2014$541 $13,900
        2013-- $13,900 -18%
        2012-- $16,950
        2011-- $16,950
        2010-- $16,950
        2009-- $16,950 +0.1%
        2008-- $16,925
        2007-- $16,925
        2006-- $16,925
        2005-- $16,925 +56%
        2004-- $10,850
        2003-- $10,850
        2002-- $10,850 +1966.7%
        2001-- $525 +5%
        2000-- $500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

        35 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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