For sale

$150,000

488 Laclede Ave, Memphis, TN 38126

--beds

--baths

3,301sqft

$1,093/mo

Get pre-qualified

Multi Family

Built in 1912

-- sqft lot

$-- Zestimate^®

$45/sqft

$-- HOA

What's special

Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.

360 days
98
7

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: Pitched,Shingle/Shake

Condition

Year built: 1912

Community & HOA

Community

Subdivision: Washington Hts Blk 1

Location

Region: Memphis

Financial & listing details

Price per square foot: $45/sqft
Tax assessed value: $173,600
Annual tax amount: $668
Date on market: 9/28/2025
Cumulative days on market: 501 days
Listing terms: Cash Only,Owner Mortgage
Lease term: Other (Call LA)
Tenant pays: Other (Call LA)

Estimated market value

Not available

Estimated sales range

Not available

$953/mo

Price history

Date	Event	Price
8/31/2026	Price change	$150,000-12.8%$45/sqft
Source: MAAR #10206608 Report a problem
11/20/2025	Price change	$172,000-9%$52/sqft
Source: MAAR #10206608 Report a problem
10/2/2025	Price change	$189,000+2.2%$57/sqft
Source: MAAR #10202542 Report a problem
9/28/2025	Price change	$185,000-6.1%$56/sqft
Source: MAAR #10206608 Report a problem
8/1/2025	Listed for sale	$197,000+14.5%$60/sqft
Source: MAAR #10202542 Report a problem
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: MAAR #10181689 Report a problem
9/20/2024	Listed for sale	$189,000-0.5%$57/sqft
Source: MAAR #10181689 Report a problem
9/20/2024	Listing removed	$189,999$58/sqft
Source: MAAR #10163094 Report a problem
8/15/2024	Listed for sale	$189,999$58/sqft
Source: MAAR #10163094 Report a problem
5/8/2024	Contingent	$189,999$58/sqft
Source: MAAR #10163094 Report a problem
3/23/2024	Price change	$189,999-15.6%$58/sqft
Source: MAAR #10163094 Report a problem
12/27/2023	Listed for sale	$225,000+1223.5%$68/sqft
Source: MAAR #10163094 Report a problem
9/11/2019	Sold	$17,000-5.6%$5/sqft
Source: MAAR #10060323 Report a problem
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