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
For sale
$120,000
2492 Lisa Ave, Memphis, TN 38127
3beds
1,018sqft
Single Family Residence
Built in 1972
7,405 Square Feet Lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
- 22 days
- 125
- 16
Zillow last checked:
Listing updated:
Listed by:
James C Wachob,
Foundation Property Management 901-633-1484
Source: MAAR,MLS#: 10230848
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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shelby Forest-Frayser
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