Closed

$279,000

505 High Point Ter, Memphis, TN 38122

4beds

2baths

1,891sqft

Multi Family

Built in 1952

-- sqft lot

$272,700 Zestimate^®

$148/sqft

$1,569 Estimated rent

Home value

$272,700

$254,000 - $295,000

$1,569/mo

Zestimate^® history

Owner options

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$1,569/mo

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$1,569/mo

Rent Zestimate^®

Refinance and save

$1,742/mo

Est. payment

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$1,742/mo

Est. payment

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What's special

Beautifully Renovated Duplex in Sought-After High Point Terrace. Rare opportunity to own a fully updated duplex in one of Memphis’s most desirable neighborhoods. Updates within the past 10 years include: HVAC systems, roof, hot water heater, sewer line, privacy fence, upgraded electrical, upgraded plumbing, one newer bathroom, modernized kitchens, and more. The owner’s unit is spacious and full of charm, while both units are truly move-in ready. Currently month-to-month, with strong potential for increased rental income. Live in one side and let the other help pay your mortgage! Duplexes in High Point Terrace are hard to come by, and you'll love being within walking distance to the High Point retail center.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central

Cooling

Central Air

Features

Flooring: Wood, Tile

Interior area

Total structure area: 1,891
Total interior livable area: 1,891 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 7,800 Square Feet
Dimensions: 60 x 130

Details

Parcel number: 044085 00016
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1952

Community & HOA

Community

Subdivision: Greenlawn 3rd Addn

Location

Region: Memphis

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $256,800
Annual tax amount: $3,056
Date on market: 8/10/2026
Total actual rent: 2300
Tenant pays: Electricity, Water, Gas

Price history

Date	Event	Price
4/25/2025	Sold	$279,000$148/sqft
Source: RealTracs MLS as distributed by MLS GRID #3503170 Report a problem
3/29/2025	Pending sale	$279,000$148/sqft
Source: MAAR #10192718 Report a problem
3/25/2025	Listed for sale	$279,000+80%$148/sqft
Source: MAAR #10192718 Report a problem
4/24/2009	Sold	$155,000+14%$82/sqft
Source: Public Record Report a problem
12/12/2003	Sold	$136,000+64.8%$72/sqft
Source: Public Record Report a problem
8/4/1999	Sold	$82,500$44/sqft
Source: Public Record Report a problem
4/8/1999	Sold	$82,500$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,384 +10.7%	$64,200 +38.4%
2024	$3,056 +8.1%	$46,400
2023	$2,827	$46,400
2022	--	$46,400
2021	--	$46,400 +28.4%
2020	$1,155	$36,125
2019	$1,155 -21.1%	$36,125
2018	$1,463 -45.1%	$36,125
2017	$2,667 +118.8%	$36,125 +0.8%
2016	$1,219 +8.9%	$35,850
2014	$1,119	$35,850
2013	--	$35,850 +2.1%
2012	--	$35,100
2011	--	$35,100
2010	--	$35,100 -35.9%
2009	--	$54,720 +3.6%
2008	--	$52,800
2007	--	$52,800
2006	--	$52,800
2005	--	$52,800 +50.3%
2004	--	$35,120
2003	--	$35,120
2002	--	$35,120
2001	--	$35,120 +35.1%
2000	--	$26,000