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For sale
    • Price cut: $1K (8/20)
    $138,900

    3540 Marion Ave, Memphis, TN 38111

    4beds
    1,405sqft
    : 
    $967/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    7,840 Square Feet Lot
    $134,800 Zestimate®
    $99/sqft
    $-- HOA

    What's special

    Low maintenance vinyl flooringGreat looking roofModern light fixturesTrue primary suite
    30k price reduction! Awesome opportunity available in Colonial Heights just moments from the University of Memphis. This four bedroom two bathroom home could make a great home, rental or flip! Priced below ARV! This property features low maintenance vinyl flooring, modern light fixtures, a true primary suite, a great looking roof, and a great back yard. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the past few years. This could be an amazing opportunity. Do not approach or disturb tenants. No showigns without an accepted offer. No wholesale, creative finance or seller finance.
    193 days
    106
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    William H Haynes,

    Crye-Leike, Inc., REALTORS 901-756-8900,

    Tyler Tapley,

    Crye-Leike, Inc., REALTORS

    Source: MAAR,MLS#: 10214825MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Width: 0
      Dining room
      • Width: 0
      Kitchen
      • Features: Pantry
      Living room
      • Width: 0
      Den
      • Width: 0
      Heating
      • Central
      Cooling
      • Window Unit(s)
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Part Carpet
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,405 sqft

      Property

      Parking
      • Parking features: Driveway/Pad
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: Other (See REMARKS)
      • Pool features: None
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 50 x 165
      • Features: Level
      Details
      • Parcel number: 046017 00041

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Wood/Composition
      Condition
      • New construction: No
      • Year built: 1950

      Community & HOA

      Community
      • Subdivision: Goodman Brothers Colonial Heights
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $99/sqft
      • Tax assessed value: $142,200
      • Annual tax amount: $1,873
      • Price range: $138.9K - $138.9K
      • Date on market: 2/17/2026
      • Cumulative days on market: 184 days

        Estimated market value

        $134,800

        $128,000 - $142,000

        $1,720/mo

        Price history

        DateEventPrice
        8/20/2026Price change$138,900-0.7%$99/sqft
        Source: MAAR #10214825 Report a problem
        8/17/2026Listed for sale$139,900$100/sqft
        Source: MAAR #10214825 Report a problem
        8/10/2026Pending sale$139,900$100/sqft
        Source: MAAR #10214825 Report a problem
        7/14/2026Price change$139,900-0.1%$100/sqft
        Source: MAAR #10214825 Report a problem
        4/23/2026Price change$140,000-17.6%$100/sqft
        Source: MAAR #10214825 Report a problem
        3/3/2026Price change$170,000-2.9%$121/sqft
        Source: MAAR #10214825 Report a problem
        2/17/2026Listed for sale$175,000+169.2%$125/sqft
        Source: MAAR #10214825 Report a problem
        4/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/27/2023Listed for rent$1,375+5.8%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        6/27/2019Listing removed$1,300$1/sqft
        Source: Owner Report a problem
        2/4/2019Price change$1,300+8.3%$1/sqft
        Source: Owner Report a problem
        1/2/2019Listed for rent$1,200$1/sqft
        Source: Zillow Rental Manager Report a problem
        7/22/2017Listing removed$1,200$1/sqft
        Source: Owner Report a problem
        6/16/2017Listed for rent$1,200$1/sqft
        Source: Owner Report a problem
        4/17/2015Listing removed$1,200$1/sqft
        Source: Owner Report a problem
        3/26/2015Listed for rent$1,200$1/sqft
        Source: Owner Report a problem
        6/3/2014Listing removed$1,200$1/sqft
        Source: Owner Report a problem
        4/26/2014Listed for rent$1,200+9.1%$1/sqft
        Source: Owner Report a problem
        4/19/2012Listing removed$1,100$1/sqft
        Source: jistprop@gmail.com Report a problem
        3/30/2012Price change$1,100+11.1%$1/sqft
        Source: jistprop@gmail.com Report a problem
        2/5/2012Listed for rent$990$1/sqft
        Source: jistprop@gmail.com Report a problem
        6/29/2011Listing removed$990$1/sqft
        Source: jistprop@gmail.com Report a problem
        6/17/2011Listed for rent$990$1/sqft
        Source: jistprop@gmail.com Report a problem
        6/7/2007Sold$65,000$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,874 +28.2%$35,550 +60.1%
        2024$1,462 +8.1%$22,200
        2023$1,352 $22,200
        2022-- $22,200
        2021-- $22,200 +10.6%
        2020$642 $20,075
        2019$642 -21.1%$20,075
        2018$813 -45.1%$20,075
        2017$1,482 +93.7%$20,075 -10.8%
        2016$765 -8.1%$22,500
        2014$832 $22,500
        2013-- $22,500 -13.8%
        2012-- $26,100
        2011-- $26,100
        2010-- $26,100
        2009-- $26,100 +12.5%
        2008-- $23,200
        2007-- $23,200
        2006-- $23,200
        2005-- $23,200 +20.2%
        2004-- $19,300
        2003-- $19,300
        2002-- $19,300
        2001-- $19,300 +18.4%
        2000-- $16,300
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: East Memphis-Colonial-Yorkshire

        Getting around

        78 / 100
        Very Walkable
        32 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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