Closed

$90,500

2500 Hanwood Ave, Memphis, TN 38108

2beds

2baths

--sqft

Multi Family

Built in 1971

-- sqft lot

$68,300 Zestimate^®

$--/sqft

$1,215 Estimated rent

Home value

$68,300

$53,000 - $86,000

$1,215/mo

Zestimate^® history

Owner options

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$1,215/mo

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$1,215/mo

Rent Zestimate^®

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$455/mo

Est. payment

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$455/mo

Est. payment

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What's special

AMAZING ROI !!! Tenant occupied, this property is already income producing. Will make a great addition to your investment portfolio. Total scheduled rent $1200 monthly, $600 each side. This brick duplex has NEW architectural roof and NEW windows through-out, both installed in 2021. Unit 2502 has new water heater.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Floor Furnace

Cooling

None

Features

Flooring: Carpet, Vinyl

Property

Features

Levels: Three Or More
Stories: 1

Lot

Size: 10,000 Square Feet
Dimensions: 50 x 200

Details

Parcel number: 042068 00064
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1971

Community & HOA

Community

Subdivision: East Belmont Park

Location

Region: Memphis

Financial & listing details

Tax assessed value: $54,200
Annual tax amount: $491
Date on market: 10/18/2025
Total actual rent: 1200
Tenant pays: Electricity, Water, Gas

Price history

Date	Event	Price
8/10/2023	Sold	$90,500+0.7%
Source: RealTracs MLS as distributed by MLS GRID #3021419 Report a problem
7/31/2023	Contingent	$89,900
Source: MAAR #10152238 Report a problem
7/14/2023	Listed for sale	$89,900-3.9%
Source: MAAR #10152238 Report a problem
3/16/2023	Listing removed	--
Source: MAAR #10138583 Report a problem
3/9/2023	Price change	$93,555-1.5%
Source: MAAR #10138583 Report a problem
2/10/2023	Price change	$95,000+0.1%
Source: MAAR #10138583 Report a problem
1/17/2023	Price change	$94,950+0.1%
Source: MAAR #10138583 Report a problem
1/6/2023	Price change	$94,900-0.1%
Source: MAAR #10138583 Report a problem
12/2/2022	Listed for sale	$95,000+20.3%
Source: MAAR #10138583 Report a problem
3/21/2022	Sold	$79,000-7.1%
Source: MAAR #10115484 Report a problem
2/19/2022	Contingent	$85,000
Source: MAAR #10115484 Report a problem
1/28/2022	Listed for sale	$85,000
Source: MAAR #10115484 Report a problem
1/14/2022	Contingent	$85,000
Source: MAAR #10115484 Report a problem
1/11/2022	Listed for sale	$85,000+73.5%
Source: MAAR #10115484 Report a problem
12/2/2020	Sold	$49,000
Source: Public Record Report a problem
9/4/2020	Listed for sale	$49,000
Source: Crye-Leike, Inc., REALTORS #10082651 Report a problem
9/4/2020	Pending sale	$49,000
Source: Crye-Leike, Inc., REALTORS #10082651 Report a problem
8/13/2020	Listed for sale	$49,000+226.7%
Source: Crye-Leike, Inc., REALTORS #10082651 Report a problem
1/23/2014	Listing removed	$15,000
Source: Crye-Leike #3278468 Report a problem
8/14/2013	Listed for sale	$15,000
Source: Crye-Leike #3278468 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,143 +118%	$21,680 +172.4%
2024	$524 +8.1%	$7,960
2023	$485	$7,960
2022	--	$7,960
2021	--	$7,960 -3.9%
2020	$265	$8,280
2019	$265 -21.1%	$8,280
2018	$335 -45.1%	$8,280
2017	$611 +120.3%	$8,280 +1.5%
2016	$277 -36.6%	$8,160
2014	$438	$8,160
2013	--	$8,160 -40.5%
2012	--	$13,720
2011	--	$13,720
2010	--	$13,720
2009	--	$13,720
2008	--	$13,720
2007	--	$13,720
2006	--	$13,720
2005	--	$13,720 +37.2%
2004	--	$10,000
2003	--	$10,000
2002	--	$10,000
2001	--	$10,000 +25%
2000	--	$8,000