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For sale
    • $145,000

    2974 Waverly Ave, Memphis, TN 38111

    3beds
    960sqft
    : 
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    Single Family Residence
    Built in 1925
    5,662 Square Feet Lot
    $-- Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Fully renovatedNew windowsRedesigned kitchen
    This property is leased at $1,175 per month through 03/12/2028. Fully renovated with a focus on long-term performance and minimal maintenance, this property offers strong rental appeal. Major upgrades include a new 30-year architectural roof, brand-new HVAC system with furnace, updated electrical panel and plumbing, and luxury vinyl plank and tile flooring throughout. The redesigned kitchen features new cabinets, countertops, and fixtures, while the bathroom has been completely refreshed with new tile, vanity, and fixtures. Additional improvements include new windows, interior/exterior paint, and landscaping, delivering a turnkey, income-ready asset. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent
    193 days
    |
    64
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James C Wachob,

    Foundation Property Management 901-633-1484

    Source: MAAR,MLS#: 10203706MLS Logo

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      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
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Other (See REMARKS)
      Cooling
      • Other (See REMARKS)
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Has fireplace: No
      Interior area
      • Total interior livable area: 960 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: 5,662 Square Feet
      • Dimensions: 50 x 118
      • Features: Level
      Details
      • Parcel number: 045073 00003

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: F P Mcdonald Lake
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $151/sqft
      • Tax assessed value: $40,200
      • Annual tax amount: $520
      • Price range: $145K - $145K
      • Date on market: 1/6/2026
      • Cumulative days on market: 247 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,163/mo

        Price history

        DateEventPrice
        1/21/2026Listing removed$1,175$1/sqft
        Source: Zillow Rentals Report a problem
        1/8/2026Listed for rent$1,175$1/sqft
        Source: Zillow Rentals Report a problem
        1/7/2026Listing removed$1,175$1/sqft
        Source: Zillow Rentals Report a problem
        1/7/2026Listed for sale$145,000+123.1%$151/sqft
        Source: MAAR #10203706 Report a problem
        11/19/2025Price change$1,175+2.2%$1/sqft
        Source: Zillow Rentals Report a problem
        10/16/2025Listed for rent$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        9/29/2025Listing removed$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        9/18/2025Listing removed$65,000$68/sqft
        Source: MAAR #10203706 Report a problem
        9/18/2025Listed for rent$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        9/11/2025Price change$65,000-86.6%$68/sqft
        Source: MAAR #10203706 Report a problem
        9/4/2025Price change$484,900+275.9%$505/sqft
        Source: MAAR #10203706 Report a problem
        9/2/2025Price change$129,000-73.4%$134/sqft
        Source: MAAR #10203706 Report a problem
        8/19/2025Listing removed$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        8/15/2025Listed for sale$484,900+784.9%$505/sqft
        Source: MAAR #10203706 Report a problem
        8/11/2025Listed for rent$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        6/17/2025Listing removed$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        6/12/2025Sold$54,800+16.6%$57/sqft
        Source: Public Record Report a problem
        5/26/2025Listed for rent$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        10/29/2024Sold$47,000+111.7%$49/sqft
        Source: Public Record Report a problem
        9/26/2024Sold$22,200$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$530 +1.8%$10,050 +27.2%
        2024$520 +8.1%$7,900
        2023$481 $7,900
        2022-- $7,900
        2021-- $7,900 +6.4%
        2020$237 $7,425
        2019$237 -21.1%$7,425
        2018$301 -45.1%$7,425
        2017$548 +109.4%$7,425 -3.6%
        2016$262 -11.7%$7,700
        2014$297 $7,700
        2013-- $7,700 -17.2%
        2012-- $9,300
        2011-- $9,300
        2010-- $9,300
        2009-- $9,300
        2008-- $9,300
        2007-- $9,300
        2006-- $9,300
        2005-- $9,300 -1.6%
        2004-- $9,450
        2003-- $9,450
        2002-- $9,450
        2001-- $9,450 +6.2%
        2000-- $8,900
        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.
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        Climate risks

        Neighborhood: East Memphis-Colonial-Yorkshire

        Getting around

        48 / 100
        Car-Dependent
        27 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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