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.
For sale
$134,900
583 N 5th St, Memphis, TN 38105
4beds
1,247sqft
Single Family Residence
Built in 1996
10,018 Square Feet Lot
$133,300 Zestimate®
$108/sqft
$-- HOA
What's special
Updated bathroomsLvp flooringNew stoveCentral air and heat
- 20 days |
- 179 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Aaron Ivey,
eXp Realty 901-671-1015,
Alyssa Ivey,
eXp Realty
Source: MAAR,MLS#: 10224245
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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: $108/sqft
- Tax assessed value: $111,400
- Annual tax amount: $1,468
- Price range: $134.9K - $134.9K
- Date on market: 6/18/2026
Estimated market value
$133,300
$127,000 - $140,000
$1,817/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $134,900+799.3%$108/sqft |
Source: eXp Realty #10224245 Report a problem | ||
| 9/11/2024 | Listing removed | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/10/2024 | Price change | $900-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/26/2024 | Price change | $995-5.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2024 | Price change | $1,050-10.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/9/2024 | Listed for rent | $1,175$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2012 | Sold | $15,000-81%$12/sqft |
Source: Public Record Report a problem | ||
| 12/30/2010 | Sold | $78,900+20.2%$63/sqft |
Source: Public Record Report a problem | ||
| 4/9/2008 | Sold | $65,619+49.1%$53/sqft |
Source: Public Record Report a problem | ||
| 5/21/2007 | Sold | $44,000-47.2%$35/sqft |
Source: Public Record Report a problem | ||
| 1/11/2007 | Sold | $83,391+39.2%$67/sqft |
Source: Public Record Report a problem | ||
| 3/31/1997 | Sold | $59,900$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $13,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 1.1 mi
- NAHumes Middle SchoolGrades: 7-8Distance: 0.5 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Shelby County
- Memphis
- 38105
- Downtown
- 583 N 5th St
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