Sold for $129,000

$129,000

2540 McArthur Dr, Memphis, TN 38128

3beds

1,229sqft

Single Family Residence

Built in 1967

7,405 Square Feet Lot

$126,900 Zestimate^®

$105/sqft

$1,274 Estimated rent

Home value

$126,900

$118,000 - $137,000

$1,274/mo

Zestimate^® history

Owner options

List your home for rent

$1,274/mo

Rent Zestimate^®

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$1,274/mo

Rent Zestimate^®

Refinance and save

$852/mo

Est. payment

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$852/mo

Est. payment

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What's special

Calling all investors; great opportunity to accomplish your New Year's Resolution. This is the perfect income producing property to add to your portfolio. This 3 bedroom home is professionally managed and is leased for $1295 a month through Oct 31, 2025.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Features: Hardwood Floor
Level: First
Width: 0

Bedroom 2

Features: Hardwood Floor
Level: First

Bedroom 3

Features: Hardwood Floor
Level: First

Primary bathroom

Features: Tile Floor

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Central Air

Appliances

Included: Range/Oven, Dishwasher
Laundry: Laundry Room

Features

All Bedrooms Down, Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath, Laundry Room
Flooring: Part Hardwood, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,229 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Faces Front
Has garage: Yes
Covered spaces: 1

Features

Stories: 1
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 65 x 120
Features: Level

Details

Parcel number: 088032 00043

Construction

Type & style

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

Materials

Brick Veneer, Vinyl Siding
Roof: Composition Shingles

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Wrought Iron Security Drs
Subdivision: Raleigh Park Blk A

Location

Region: Memphis

Financial & listing details

Price per square foot: $105/sqft
Tax assessed value: $105,900
Annual tax amount: $1,055
Price range: $129K - $129K
Date on market: 1/23/2025
Cumulative days on market: 5 days

Price history

Date	Event	Price
2/26/2025	Sold	$129,000-7.8%$105/sqft
Source: MAAR #10188662 Report a problem
1/29/2025	Pending sale	$139,900$114/sqft
Source: MAAR #10188662 Report a problem
1/23/2025	Listed for sale	$139,900+91.6%$114/sqft
Source: MAAR #10188662 Report a problem
9/29/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/15/2022	Listed for rent	$1,250+47.1%$1/sqft
Source: Zillow Rental Manager Report a problem
1/30/2017	Listing removed	$850$1/sqft
Source: Midsouth Home Rentals Report a problem
1/23/2017	Listed for rent	$850$1/sqft
Source: Midsouth Home Rentals Report a problem
1/18/2017	Sold	$73,000-6.4%$59/sqft
Source: Public Record Report a problem
11/12/2002	Sold	$78,000+28.9%$63/sqft
Source: Public Record Report a problem
5/24/1999	Sold	$60,500$49/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,395 +22.3%	$26,475 +52.8%
2024	$1,141 +8.1%	$17,325
2023	$1,055	$17,325
2022	--	$17,325
2021	--	$17,325 +35.4%
2020	$409	$12,800
2019	$409 -21.1%	$12,800
2018	$518 -45.1%	$12,800
2017	$945 +97.8%	$12,800 -8.9%
2016	$478 -15.1%	$14,050
2014	$563	$14,050
2013	--	$14,050 -20.4%
2012	--	$17,650
2011	--	$17,650
2010	--	$17,650
2009	--	$17,650 +0.1%
2008	--	$17,625
2007	--	$17,625
2006	--	$17,625
2005	--	$17,625 +9.1%
2004	--	$16,150
2003	--	$16,150
2002	--	$16,150
2001	--	$16,150 +7.3%
2000	--	$15,050