For sale

$120,000

2492 Lisa Ave, Memphis, TN 38127

3beds

1,018sqft

$885/mo

Get pre-qualified

Single Family Residence

Built in 1972

7,405 Square Feet Lot

$-- Zestimate^®

$118/sqft

$-- HOA

What's special

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,165/ month in rental income, with the current lease running through 04/13/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

22 days
125
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Features: Great Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

Square Feet Source: Floor Plans (Builder/Architecture)
Flooring: Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,018 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 60 x 125
Features: Level

Details

Parcel number: 071048 E00049

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1972

Community & HOA

Community

Subdivision: St Elmo 6th Addn Sec D

Location

Region: Memphis

Financial & listing details

Price per square foot: $118/sqft
Tax assessed value: $107,000
Annual tax amount: $1,410
Price range: $120K - $120K
Date on market: 9/21/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,015/mo

Price history

Date	Event	Price
9/21/2026	Listed for sale	$120,000+4.3%$118/sqft
Source: MAAR #10230848 Report a problem
4/21/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/28/2023	Price change	$1,150-3.8%$1/sqft
Source: Zillow Rentals Report a problem
3/1/2023	Price change	$1,195-5.5%$1/sqft
Source: Zillow Rentals Report a problem
1/18/2023	Price change	$1,265+36.8%$1/sqft
Source: Zillow Rentals Report a problem
1/14/2023	Listed for rent	$925$1/sqft
Source: Zillow Rentals Report a problem
1/11/2023	Sold	$115,000-7.9%$113/sqft
Source: MAAR #10137022 Report a problem
12/14/2022	Pending sale	$124,900$123/sqft
Source: MAAR #10137022 Report a problem
11/16/2022	Contingent	$124,900$123/sqft
Source: MAAR #10137022 Report a problem
11/4/2022	Listed for sale	$124,900+2.8%$123/sqft
Source: MAAR #10137022 Report a problem
11/2/2022	Listing removed	--
Source: MAAR #10131417 Report a problem
10/28/2022	Price change	$121,500-1.1%$119/sqft
Source: MAAR #10131417 Report a problem
10/18/2022	Price change	$122,900-0.1%$121/sqft
Source: MAAR #10131417 Report a problem
10/16/2022	Price change	$123,000-0.4%$121/sqft
Source: MAAR #10131417 Report a problem
10/12/2022	Price change	$123,499-0.4%$121/sqft
Source: MAAR #10131417 Report a problem
10/9/2022	Price change	$123,999-1.2%$122/sqft
Source: MAAR #10131417 Report a problem
9/30/2022	Price change	$125,4980%$123/sqft
Source: MAAR #10131417 Report a problem
9/23/2022	Price change	$125,4990%$123/sqft
Source: MAAR #10131417 Report a problem
9/16/2022	Price change	$125,500-0.1%$123/sqft
Source: MAAR #10131417 Report a problem
9/12/2022	Price change	$125,6500%$123/sqft
Source: MAAR #10131417 Report a problem
9/8/2022	Price change	$125,700-0.1%$123/sqft
Source: MAAR #10131417 Report a problem
9/3/2022	Price change	$125,800-1.2%$124/sqft
Source: MAAR #10131417 Report a problem
8/28/2022	Price change	$127,300-0.2%$125/sqft
Source: MAAR #10131417 Report a problem
8/26/2022	Price change	$127,500-1.9%$125/sqft
Source: MAAR #10131417 Report a problem
8/18/2022	Listed for sale	$129,999+116.7%$128/sqft
Source: MAAR #10131417 Report a problem
7/13/2022	Sold	$60,000-3.2%$59/sqft
Source: MAAR #10125364 Report a problem
6/16/2022	Pending sale	$62,000$61/sqft
Source: MAAR #10125364 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,410 +31.8%	$26,750 +64.6%
2024	$1,070 +8.1%	$16,250
2023	$990	$16,250 +35.4%
2022	--	$12,000
2021	--	$12,000 +26.6%
2020	$303	$9,475
2019	$303 -21.1%	$9,475
2018	$384 -45.1%	$9,475
2017	$699 +126%	$9,475 +4.1%
2016	$309 -3.7%	$9,100
2014	$321	$9,100
2013	--	$9,100 -9.7%
2012	--	$10,075
2011	--	$10,075
2010	--	$10,075
2009	--	$10,075 -13.3%
2008	--	$11,625
2007	--	$11,625
2006	--	$11,625
2005	--	$11,625 +7.1%
2004	--	$10,850
2003	--	$10,850
2002	--	$10,850
2001	--	$10,850 -0.5%
2000	--	$10,900