For sale

$129,400

575 E Dison Ave, Memphis, TN 38106

4beds

2,040sqft

$900/mo

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Single Family Residence

Built in 1955

7,405 Square Feet Lot

$122,400 Zestimate^®

$63/sqft

$-- HOA

What's special

Brick homeUpdated interior paintLarge living spacesFunctional kitchen layoutSeparate dining areaGenerous natural lightHardwood flooring

Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a functional kitchen layout. The property offers strong rental appeal with its size and layout, making it attractive for continued long-term occupancy. Conveniently located near major roads, Downtown Memphis, shopping, schools, and employment areas. Do not disturb tenant. Property is being marketed as an investment property only. Immediate income from day one.

72 days
49
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Kitchen

Features: Eat-in Kitchen

Heating

Natural Gas

Cooling

Central Air

Features

All Bedrooms Down, 1 or More BR Down, Smooth Ceiling, Sprayed Ceiling, Textured Ceiling, Square Feet Source: assessor web
Flooring: Part Hardwood, Tile
Has fireplace: No

Interior area

Total interior livable area: 2,040 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 7,405 Square Feet
Dimensions: 60 x 178
Features: Some Trees

Details

Additional structures: Storage
Parcel number: 049036 00002

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Aluminum/Steel Siding

Condition

New construction: No
Year built: 1955

Community & HOA

Community

Subdivision: Longview Heights 5th Addition

Location

Region: Memphis

Financial & listing details

Price per square foot: $63/sqft
Tax assessed value: $100,000
Annual tax amount: $1,317
Price range: $129.4K - $129.4K
Date on market: 6/20/2026
Cumulative days on market: 72 days

Estimated market value

$122,400

$116,000 - $129,000

$1,079/mo

Price history

Date	Event	Price
6/20/2026	Listed for sale	$129,400+9853.8%$63/sqft
Source: MAAR #10224447 Report a problem
3/21/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/18/2023	Price change	$1,700+6.3%$1/sqft
Source: Zillow Rentals Report a problem
2/19/2023	Price change	$1,600-11.1%$1/sqft
Source: Zillow Rentals Report a problem
2/16/2023	Listed for rent	$1,800$1/sqft
Source: Zillow Rentals Report a problem
5/31/1994	Sold	$1,300$1/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,318 +22.9%	$25,000 +53.6%
2024	$1,072 +8.1%	$16,275
2023	$991	$16,275
2022	--	$16,275
2021	--	$16,275 +27.4%
2020	$408	$12,775
2019	$408 -21.1%	$12,775
2018	$517 -45.1%	$12,775
2017	$943 +107.4%	$12,775 -4.5%
2016	$455 -5.7%	$13,375
2014	$482	$13,375
2013	--	$13,375 -11.6%
2012	--	$15,125
2011	--	$15,125
2010	--	$15,125
2009	--	$15,125 -0.3%
2008	--	$15,175
2007	--	$15,175
2006	--	$15,175
2005	--	$15,175
2004	--	$15,175
2003	--	$15,175
2002	--	$15,175
2001	--	$15,175 +19%
2000	--	$12,750