Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.
For sale
$172,000
488 Laclede Ave, Memphis, TN 38126
--beds
--baths
3,301sqft
Multi Family
Built in 1912
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
- 288 days |
- 133 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Batts,
C21 Patterson & Assoc. Real Es 901-701-1064
Source: MAAR,MLS#: 10206608
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Flooring: Vinyl
- Basement: Other (See Remarks)
Interior area
- Total interior livable area: 3,301 sqft
Property
Parking
- Parking features: Asphalt/Blacktop, Concrete
Features
- Stories: 2
Lot
- Size: 0.33 Acres
- Dimensions: 75 x 190
Details
- Parcel number: 025028 00038
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Roof: Shingle/Shake,Pitched
Condition
- Year built: 1912
Community & HOA
Community
- Subdivision: Washington Hts Blk 1
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $173,600
- Annual tax amount: $668
- Date on market: 9/28/2025
- Cumulative days on market: 288 days
- Listing terms: Cash Only,Owner Mortgage
- Lease term: Other (Call LA)
- Tenant pays: Other (Call LA)

Christopher Batts
(615) 571-2893
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Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$876/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Price change | $172,000-9%$52/sqft |
Source: | ||
| 10/2/2025 | Price change | $189,000+2.2%$57/sqft |
Source: | ||
| 9/28/2025 | Price change | $185,000-6.1%$56/sqft |
Source: | ||
| 8/1/2025 | Listed for sale | $197,000+14.5%$60/sqft |
Source: | ||
| 11/19/2024 | Sold | $172,000-9%$52/sqft |
Source: Public Record Report a problem | ||
| 10/24/2024 | Pending sale | $189,000$57/sqft |
Source: | ||
| 9/20/2024 | Listed for sale | $189,000-0.5%$57/sqft |
Source: | ||
| 9/20/2024 | Listing removed | $189,999$58/sqft |
Source: | ||
| 8/15/2024 | Listed for sale | $189,999$58/sqft |
Source: | ||
| 5/8/2024 | Contingent | $189,999$58/sqft |
Source: | ||
| 3/23/2024 | Price change | $189,999-15.6%$58/sqft |
Source: | ||
| 12/27/2023 | Listed for sale | $225,000+1223.5%$68/sqft |
Source: | ||
| 9/11/2019 | Sold | $17,000-5.6%$5/sqft |
Source: | ||
| 8/22/2019 | Listed for sale | $18,000$5/sqft |
Source: John Green & Co., REALTORS #10060323 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,288 +242.2% | $43,400 +327.6% |
| 2024 | $668 +8.1% | $10,150 |
| 2023 | $618 | $10,150 |
| 2022 | -- | $10,150 +101% |
| 2021 | -- | $5,050 +461.1% |
| 2020 | $29 | $900 |
| 2019 | $29 -21.1% | $900 |
| 2018 | $36 -45.1% | $900 |
| 2017 | $66 -71.8% | $900 -87% |
| 2016 | $235 -12.1% | $6,925 |
| 2014 | $268 | $6,925 |
| 2013 | -- | $6,925 -17.6% |
| 2012 | -- | $8,400 |
| 2011 | -- | $8,400 |
| 2010 | -- | $8,400 |
| 2009 | -- | $8,400 +1.8% |
| 2008 | -- | $8,250 |
| 2007 | -- | $8,250 |
| 2006 | -- | $8,250 |
| 2005 | -- | $8,250 -13.2% |
| 2004 | -- | $9,500 |
| 2003 | -- | $9,500 |
| 2002 | -- | $9,500 |
| 2001 | -- | $9,500 +2.7% |
| 2000 | -- | $9,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Larose Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10B T Washington High SchoolGrades: 6-12Distance: 0.6 mi
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Contact agent
- Tennessee
- Shelby County
- Memphis
- 38126
- Downtown
- 488 Laclede Ave
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