Skip main navigation
For sale
    • $224,000

    259 Maryland Ave, Memphis, TN 38126

    --beds
    --baths
    4,662sqft
    : 
    $1,512/mo
    Get pre-qualified
    Multi Family
    Built in 1958
    -- sqft lot
    $217,600 Zestimate®
    $48/sqft
    $-- HOA

    What's special

    Modern finishes throughoutNew roofUpdated cabinetry
    Investor dream! Rare chance to acquire this 4 unit building features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit — all recently updated with new flooring, updated cabinetry, and modern finishes throughout. New roof. Window security bars with interior release mechanisms installed. One unit is currently occupied at $825/month, providing immediate income from day one. The remaining three units are vacant, and cleared. Located in a growing area of Memphis — we encourage prospective buyers to take a look around on Google Maps and see the new construction and development activity in the surrounding neighborhood. Schedule your showing today.
    21 days
    |
    80
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Parr,

    Renshaw Company, REALTORS 901-820-4367

    Source: MAAR,MLS#: 10225727MLS Logo

      Facts & features

      Interior

      Heating
      • Other (See Remarks)
      Cooling
      • Other (See Remarks)
      Appliances
      • Included: Other (See REMARKS)
      • Laundry: None
      Features
      • Square Feet Source:AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Vinyl
      Interior area
      • Total interior livable area: 4,662 sqft

      Property

      Parking
      • Parking features: Gravel
      Features
      • Stories: 1
      Lot
      • Size: 4,662 Square Feet
      • Dimensions: 42 x 111
      Details
      • Parcel number: 013033 00004

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1958

      Community & HOA

      Community
      • Subdivision: Cocke Caroline J
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $48/sqft
      • Tax assessed value: $163,300
      • Annual tax amount: $3,443
      • Date on market: 7/9/2026
      • Listing terms: Conventional
      • Lease term: 12 Months
      • Tenant pays: Other (Call LA)
      Caleb Parr

      Caleb Parr

      (901) 484-0478

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        $217,600

        $207,000 - $228,000

        $1,279/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$224,000-10%$48/sqft
        Source: MAAR #10225727 Report a problem
        5/12/2026Listing removed$249,000$53/sqft
        Source: MAAR #10217408 Report a problem
        4/20/2026Price change$249,000-8.6%$53/sqft
        Source: MAAR #10217408 Report a problem
        3/23/2026Listed for sale$272,500+13.8%$58/sqft
        Source: MAAR #10217408 Report a problem
        8/4/2025Sold$239,500-4.2%$51/sqft
        Source: MAAR #10196503 Report a problem
        6/13/2025Pending sale$250,000$54/sqft
        Source: MAAR #10196503 Report a problem
        6/9/2025Price change$250,000-9.1%$54/sqft
        Source: MAAR #10196503 Report a problem
        5/30/2025Listing removed$820
        Source: MAAR #10180459 Report a problem
        5/12/2025Listed for sale$275,000+5.8%$59/sqft
        Source: MAAR #10196503 Report a problem
        5/6/2025Listing removed$259,999$56/sqft
        Source: MAAR #10183964 Report a problem
        4/11/2025Price change$259,999-5.5%$56/sqft
        Source: MAAR #10183964 Report a problem
        4/7/2025Price change$274,999-8.3%$59/sqft
        Source: MAAR #10183964 Report a problem
        1/15/2025Listed for rent$820
        Source: MAAR #10180459 Report a problem
        11/19/2024Listing removed$820
        Source: MAAR #10180459 Report a problem
        10/25/2024Listed for sale$299,999+400%$64/sqft
        Source: MAAR #10183964 Report a problem
        10/20/2024Listed for rent$820-28.7%
        Source: MAAR #10180459 Report a problem
        10/1/2024Listing removed$1,150
        Source: MAAR #10180459 Report a problem
        9/20/2024Listed for rent$1,150
        Source: MAAR #10180459 Report a problem
        6/27/2022Listing removed--
        Source: MAAR #10117762 Report a problem
        2/17/2022Listed for sale$59,999+144.9%$13/sqft
        Source: MAAR #10117762 Report a problem
        2/4/2022Sold$24,500-1.6%$5/sqft
        Source: MAAR #10113339 Report a problem
        1/4/2022Pending sale$24,900$5/sqft
        Source: MAAR #10113339 Report a problem
        12/28/2021Listed for sale$24,900$5/sqft
        Source: MAAR #10113339 Report a problem
        12/16/2021Pending sale$24,900$5/sqft
        Source: MAAR #10113339 Report a problem
        11/29/2021Listed for sale$24,900+66%$5/sqft
        Source: MAAR #10113339 Report a problem
        9/30/2014Sold$15,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,443 +666%$65,320 +857.1%
        2024$449 +8.1%$6,825
        2023$416 $6,825
        2022-- $6,825
        2021-- $6,825 +16.2%
        2020$188 $5,875
        2019$188 -21.1%$5,875
        2018$238 -45.1%$5,875
        2017$434 +104.9%$5,875 -5.6%
        2016$212 -13.5%$6,225
        2014$245 $6,225
        2013-- $6,225 -18.9%
        2012-- $7,675
        2011-- $7,675
        2010-- $7,675
        2009-- $7,675 -13.3%
        2008-- $8,850
        2007-- $8,850
        2006-- $8,850
        2005-- $8,850 -38.7%
        2004-- $14,440
        2003-- $14,440
        2002-- $14,440
        2001-- $14,440
        2000-- $14,440
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Downtown

        Getting around

        56 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Memphis Topics

              Search
              Updates
              Favorites
              Plan
              Inbox