Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold As-is.
For sale
$92,000
2545 Spottswood Ave, Memphis, TN 38114
2beds
747sqft
:
Get pre-qualified$647/mo
Single Family Residence
Built in 1915
2,613 Square Feet Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Fully renovated
- 110 days |
- 41 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Tiffany N Brown,
The Home Partners Realty 901-305-6047
Source: MAAR,MLS#: 10219793
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Width: 0
Dining room
- Width: 0
Kitchen
- Features: Washer/Dryer Connections
Living room
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Wood Laminate Floors
- Windows: Aluminum Frames
- Has fireplace: No
Interior area
- Total interior livable area: 747 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Storage
- Pool features: None
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 108
- Features: Level
Details
- Parcel number: 029060 00006
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1915
Community & HOA
Community
- Subdivision: Melrose S/d Blk Pt 9
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $78,900
- Annual tax amount: $1,040
- Price range: $92K - $92K
- Date on market: 4/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$800/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Price change | $92,000-3.2%$123/sqft |
Source:  MAAR #10210817 Report a problem | ||
| 12/4/2025 | Listed for sale | $95,000+20.3%$127/sqft |
Source: MAAR #10210817 Report a problem | ||
| 6/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/28/2024 | Sold | $79,000-6%$106/sqft |
Source: MAAR #10163647 Report a problem | ||
| 5/8/2024 | Contingent | $84,000$112/sqft |
Source: MAAR #10163647 Report a problem | ||
| 4/27/2024 | Price change | $84,000-0.6%$112/sqft |
Source: MAAR #10163647 Report a problem | ||
| 4/3/2024 | Price change | $84,500-0.6%$113/sqft |
Source: MAAR #10163647 Report a problem | ||
| 3/8/2024 | Listed for rent | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/7/2024 | Price change | $85,000-3.4%$114/sqft |
Source: MAAR #10163647 Report a problem | ||
| 2/29/2024 | Price change | $88,000-0.6%$118/sqft |
Source: MAAR #10163647 Report a problem | ||
| 1/27/2024 | Price change | $88,500-0.6%$118/sqft |
Source: MAAR #10163647 Report a problem | ||
| 1/7/2024 | Listed for sale | $89,000+1383.3%$119/sqft |
Source: MAAR #10163647 Report a problem | ||
| 9/20/1999 | Sold | $6,000$8/sqft |
Source: Public Record Report a problem | ||
| 9/1/1998 | Sold | $6,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,040 +341.6% | $19,725 +451.7% |
| 2024 | $235 +8.1% | $3,575 |
| 2023 | $218 | $3,575 |
| 2022 | -- | $3,575 |
| 2021 | -- | $3,575 +24.3% |
| 2020 | $92 | $2,875 |
| 2019 | $92 -21.1% | $2,875 |
| 2018 | $116 -45.1% | $2,875 |
| 2017 | $212 +109.8% | $2,875 -3.4% |
| 2016 | $101 -25.8% | $2,975 |
| 2014 | $136 | $2,975 |
| 2013 | -- | $2,975 -30.4% |
| 2012 | -- | $4,275 |
| 2011 | -- | $4,275 |
| 2010 | -- | $4,275 |
| 2009 | -- | $4,275 -2.3% |
| 2008 | -- | $4,375 |
| 2007 | -- | $4,375 |
| 2006 | -- | $4,375 |
| 2005 | -- | $4,375 -12.5% |
| 2004 | -- | $5,000 |
| 2003 | -- | $5,000 |
| 2002 | -- | $5,000 |
| 2001 | -- | $5,000 -0.5% |
| 2000 | -- | $5,025 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: East Memphis-Colonial-Yorkshire
Nearby schools
GreatSchools rating
- 4/10Hanley K-8Grades: PK-8Distance: 1.8 mi
- 3/10Melrose High SchoolGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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