Closed

$165,000

575 Shotwell St, Memphis, TN 38111

2beds

792sqft

Single Family Residence, Residential

Built in 1950

8,712 Square Feet Lot

$167,500 Zestimate^®

$208/sqft

$1,170 Estimated rent

Home value

$167,500

$156,000 - $178,000

$1,170/mo

Zestimate^® history

Owner options

List your home for rent

$1,170/mo

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$1,170/mo

Rent Zestimate^®

Refinance and save

$1,071/mo

Est. payment

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$1,071/mo

Est. payment

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What's special

This adorable 2-bedroom, 1-bathroom home offers great curb appeal and a fantastic investment opportunity. Currently leased at $1,200 per month through May 2025, this property provides a steady income stream with reliable tenants. Perfectly situated close to the University of Memphis, it’s an attractive option for student rental or long-term leasing. The home’s charming exterior and prime location ensure continued demand and value.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Refrigerator, Cooktop, Range, Oven
Laundry: Washer Hookup

Features

Flooring: Wood, Tile

Interior area

Total structure area: 792
Total interior livable area: 792 sqft

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 1

Lot

Size: 8,712 Square Feet
Dimensions: 50 x 181

Details

Parcel number: 046045 00003
Special conditions: Standard

Construction

Type & style

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

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Memphis Homes Incorporated Re-Sub~

HOA

Has HOA: No

Location

Region: Memphis

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $151,100
Annual tax amount: $1,612
Date on market: 10/31/2025

Price history

Date	Event	Price
10/7/2024	Sold	$165,000-5.7%$208/sqft
Source: RealTracs MLS as distributed by MLS GRID #3036528 Report a problem
9/14/2024	Pending sale	$175,000$221/sqft
Source: MAAR #10179465 Report a problem
8/19/2024	Listed for sale	$175,000+25%$221/sqft
Source: MAAR #10179465 Report a problem
11/10/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/7/2023	Listed for rent	$1,200$2/sqft
Source: Zillow Rentals Report a problem
10/10/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
10/4/2022	Price change	$1,200-7.7%$2/sqft
Source: Zillow Rental Manager Report a problem
10/2/2022	Listed for rent	$1,300$2/sqft
Source: Zillow Rental Manager Report a problem
10/1/2021	Sold	$140,000+64.7%$177/sqft
Source: Public Record Report a problem
11/17/2015	Sold	$85,000+44.1%$107/sqft
Source: Public Record Report a problem
8/30/2002	Sold	$59,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,991 +14.3%	$37,775 +42.8%
2024	$1,742 +8.1%	$26,450
2023	$1,611	$26,450
2022	--	$26,450
2021	--	$26,450 +17.9%
2020	$717	$22,425
2019	$717 -21.1%	$22,425
2018	$908 -45.1%	$22,425
2017	$1,655 +121.3%	$22,425 +1.9%
2016	$748 +8.7%	$22,000
2014	$688	$22,000
2013	--	$22,000 +2%
2012	--	$21,575
2011	--	$21,575
2010	--	$21,575
2009	--	$21,575 +39.6%
2008	--	$15,450
2007	--	$15,450
2006	--	$15,450
2005	--	$15,450 -7.9%
2004	--	$16,775
2003	--	$16,775
2002	--	$16,775
2001	--	$16,775 +22.9%
2000	--	$13,650