Sold for $52,275

$52,275

2717 Burns Ave, Memphis, TN 38114

3beds

1,189sqft

Single Family Residence

Built in 1940

7,405 Square Feet Lot

$95,800 Zestimate^®

$44/sqft

$1,075 Estimated rent

Home value

$95,800

$75,000 - $116,000

$1,075/mo

Zestimate^® history

Owner options

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$1,075/mo

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$1,075/mo

Rent Zestimate^®

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$263/mo

Est. payment

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$263/mo

Est. payment

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What's special

This classic 3-bedroom, 1-bath bungalow located in the heart of Bethel Grove offers a strong addition to any investment portfolio. With a long-term tenant of 5 years currently paying $700/month, this property provides immediate cash flow and outstanding value-add potential. The home features a functional layout, a spacious living area, and a generously sized yard. Conveniently situated near schools, shopping, and major transportation routes, it’s an attractive location for renters. Whether you're looking to expand your portfolio or start investing, this property offers steady income with room for future rent growth. Don't miss out on this affordable opportunity to build wealth in a growing area!

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: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

All Bedrooms Down
Flooring: Hardwood, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,189 sqft

Property

Parking

Total spaces: 1
Parking features: Driveway/Pad
Covered spaces: 1
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 153
Features: Some Trees, Level

Details

Parcel number: 047079 00014

Construction

Type & style

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

Materials

Brick Veneer

Condition

New construction: No
Year built: 1940

Community & HOA

Community

Features: Other (See Remarks)
Subdivision: La Belle Heights Blk 43

Location

Region: Memphis

Financial & listing details

Price per square foot: $44/sqft
Tax assessed value: $64,400
Annual tax amount: $793
Price range: $52.3K - $52.3K
Date on market: 5/1/2025
Cumulative days on market: 53 days

Price history

Date	Event	Price
12/19/2025	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
12/6/2025	Listed for rent	$1,350+0.1%$1/sqft
Source: Zillow Rentals Report a problem
12/5/2025	Listing removed	$1,349$1/sqft
Source: Zillow Rentals Report a problem
11/14/2025	Price change	$1,349+1.5%$1/sqft
Source: Zillow Rentals Report a problem
11/1/2025	Price change	$1,329+2.3%$1/sqft
Source: Zillow Rentals Report a problem
10/28/2025	Price change	$1,299-3.7%$1/sqft
Source: Zillow Rentals Report a problem
10/23/2025	Price change	$1,349+3.8%$1/sqft
Source: Zillow Rentals Report a problem
10/19/2025	Price change	$1,299-3.7%$1/sqft
Source: Zillow Rentals Report a problem
10/16/2025	Price change	$1,349-3.5%$1/sqft
Source: Zillow Rentals Report a problem
10/5/2025	Price change	$1,398-0.1%$1/sqft
Source: Zillow Rentals Report a problem
9/25/2025	Price change	$1,399-3.5%$1/sqft
Source: Zillow Rentals Report a problem
9/17/2025	Price change	$1,449+7.4%$1/sqft
Source: Zillow Rentals Report a problem
8/6/2025	Price change	$1,349+3.1%$1/sqft
Source: Zillow Rentals Report a problem
8/4/2025	Price change	$1,309-6.5%$1/sqft
Source: Zillow Rentals Report a problem
7/31/2025	Listed for rent	$1,400$1/sqft
Source: Zillow Rentals Report a problem
7/15/2025	Sold	$52,275-36.6%$44/sqft
Source: MAAR #10195260 Report a problem
6/23/2025	Pending sale	$82,500$69/sqft
Source: MAAR #10195260 Report a problem
5/1/2025	Listed for sale	$82,500+217.9%$69/sqft
Source: MAAR #10195260 Report a problem
1/5/2017	Sold	$25,950-18.9%$22/sqft
Source: Public Record Report a problem
7/19/2016	Listed for sale	$32,000-8.6%$27/sqft
Source: Propertyware Inc Report a problem
1/7/2016	Listing removed	$35,000$29/sqft
Source: Propertyware Inc Report a problem
12/15/2015	Price change	$35,000-76.7%$29/sqft
Source: Propertyware Inc Report a problem
10/16/2015	Listed for sale	$150,000+1045%$126/sqft
Source: Propertyware Inc Report a problem
7/29/2008	Sold	$13,100+9.2%$11/sqft
Source: Public Record Report a problem
3/17/2008	Sold	$12,000-77.4%$10/sqft
Source: Public Record Report a problem
11/8/2005	Sold	$53,000$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$849 +6.9%	$16,100 +33.6%
2024	$794 +8.1%	$12,050
2023	$734	$12,050
2022	--	$12,050
2021	--	$12,050 +43.5%
2020	$268	$8,400
2019	$268 -21.1%	$8,400
2018	$340 -45.1%	$8,400
2017	$620 +113.3%	$8,400 -1.8%
2016	$291 -10.6%	$8,550
2014	$325	$8,550
2013	--	$8,550 -16.2%
2012	--	$10,200
2011	--	$10,200
2010	--	$10,200
2009	--	$10,200
2008	--	$10,200
2007	--	$10,200
2006	--	$10,200
2005	--	$10,200 -1.4%
2004	--	$10,350
2003	--	$10,350
2002	--	$10,350
2001	--	$10,350 -3%
2000	--	$10,675