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Sold for $115,000
  • $115,000

    583 N 5th St, Memphis, TN 38105

    4beds
    1,247sqft
    Single Family Residence
    Built in 1996
    10,018 Square Feet Lot
    $115,000 Zestimate®
    $92/sqft
    $1,623 Estimated rent

    Home value

    $115,000

    $109,000 - $121,000

    $1,623/mo

    Zestimate® history
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    What's special

    Updated bathroomsLvp flooringNew stoveCentral air and heat
    Investors, this updated professionally managed 4BD/1.5BA home is generating $995/month on a month-to-month lease — immediate income with full flexibility to renew or renegotiate on your timeline. Key updates already in place: central air & heat, updated bathrooms, LVP flooring, and a new stove. Less deferred maintenance, more attractive to quality tenants. Situated on a 0.24-acre lot minutes from Downtown Memphis, St. Jude, the Medical District, and the Uptown corridor — one of Memphis's most active reinvestment areas. Easy access to I-40 and I-240. Do not disturb tenant. Showings by appointment with accepted offer and proof of funds. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Ivey,

    eXp Realty,

    Alyssa Ivey,

    eXp Realty

    Bought with:

    Bradford Long

    Keystone Realty, LLC

    Source: MAAR,MLS#: 10224245MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Area: 132
    • Dimensions: 11 x 12
    Bedroom 2
    • Area: 132
    • Dimensions: 11 x 12
    Bedroom 3
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 4
    • Area: 121
    • Dimensions: 11 x 11
    Dining room
    • Features: Separate Dining Room
    • Area: 132
    • Dimensions: 11 x 12
    Kitchen
    • Area: 54
    • Dimensions: 6 x 9
    Living room
    • Features: Separate Living Room
    • Area: 225
    • Dimensions: 15 x 15
    Den
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • All Bedrooms Down, Full Bath Down, Half Bath Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
    • Flooring: Vinyl
    • Windows: Wood Frames
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,247 sqft

    Property

    Parking
    • Parking features: Street Parking Only
    Features
    • Stories: 1
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 70 x 149
    • Features: Level
    Details
    • Parcel number: 001073 00006

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood/Composition
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1996

    Community & HOA

    Community
    • Subdivision: Greenlaw
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $92/sqft
    • Tax assessed value: $111,400
    • Annual tax amount: $1,468
    • Price range: $115K - $115K
    • Date on market: 6/18/2026
    • Cumulative days on market: 25 days

    Price history

    DateEventPrice
    7/28/2026Sold$115,000-14.8%$92/sqft
    Source: MAAR #10224245 Report a problem
    7/14/2026Pending sale$134,900$108/sqft
    Source: MAAR #10224245 Report a problem
    6/18/2026Listed for sale$134,900+799.3%$108/sqft
    Source: eXp Realty #10224245 Report a problem
    9/11/2024Listing removed$900$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2024Price change$900-9.5%$1/sqft
    Source: Zillow Rentals Report a problem
    4/26/2024Price change$995-5.2%$1/sqft
    Source: Zillow Rentals Report a problem
    4/4/2024Price change$1,050-10.6%$1/sqft
    Source: Zillow Rentals Report a problem
    3/9/2024Listed for rent$1,175$1/sqft
    Source: Zillow Rentals Report a problem
    2/3/2012Sold$15,000-81%$12/sqft
    Source: Public Record Report a problem
    12/30/2010Sold$78,900+20.2%$63/sqft
    Source: Public Record Report a problem
    4/9/2008Sold$65,619+49.1%$53/sqft
    Source: Public Record Report a problem
    5/21/2007Sold$44,000-47.2%$35/sqft
    Source: Public Record Report a problem
    1/11/2007Sold$83,391+39.2%$67/sqft
    Source: Public Record Report a problem
    3/31/1997Sold$59,900$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,468 +6.3%$27,850 +32.8%
    2024$1,381 +8.1%$20,975
    2023$1,278 $20,975
    2022-- $20,975
    2021-- $20,975 -3%
    2020$691 $21,625
    2019$691 -21.1%$21,625
    2018$876 -45.1%$21,625
    2017$1,596 +153.1%$21,625 +16.6%
    2016$631 +0.3%$18,550
    2014$629 $18,550
    2013-- $18,550 -6%
    2012-- $19,725
    2011-- $19,725
    2010-- $19,725 -18.4%
    2009-- $24,175 +82.5%
    2008-- $13,250
    2007-- $13,250
    2006-- $13,250
    2005-- $13,250 -16.4%
    2004-- $15,850
    2003-- $15,850
    2002-- $15,850
    2001-- $15,850 +19.2%
    2000-- $13,300
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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