For sale

$115,000

599 Lester St, Memphis, TN 38112

3beds

1,402sqft

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Single Family Residence

Built in 1921

5,662 Square Feet Lot

$-- Zestimate^®

$82/sqft

$-- HOA

What's special

FIXER UPPER – COMMERCIAL ZONING in 38112! 3BR/1BA home with strong investment potential. Property is being sold with an additional .137-acre adjacent parcel—totaling approx. .274 acres—offering great opportunity for investors or builders to redevelop, expand, or create their own vision. Property sold AS-IS.

82 days

80

9

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Width: 0

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Other (See REMARKS)

Cooling

Other (See REMARKS)

Features

All Bedrooms Down, 2 Full Primary Baths, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood
Number of fireplaces: 1

Interior area

Total interior livable area: 1,402 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 5,662 Square Feet
Dimensions: 50 x 120
Features: Level

Details

Parcel number: 037023 00007

Construction

Type & style

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

Materials

Wood/Composition

Condition

New construction: No
Year built: 1921

Community & HOA

Community

Subdivision: Avon Hgts Re Blk 2

Location

Region: Memphis

Financial & listing details

Price per square foot: $82/sqft
Tax assessed value: $39,100
Annual tax amount: $515
Price range: $115K - $115K
Date on market: 4/9/2026
Cumulative days on market: 82 days

Estimated market value

Not available

Estimated sales range

Not available

$1,302/mo

Price history

Date	Event	Price
4/9/2026	Listed for sale	$115,000+284.6%$82/sqft
Source: MAAR #10218872 Report a problem
12/3/2011	Listing removed	$29,900$21/sqft
Source: Crye-Leike #3205487 Report a problem
2/2/2011	Listed for sale	$29,900+98%$21/sqft
Source: Crye-Leike #3205487 Report a problem
1/25/1978	Sold	$15,100$11/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$515 +46.2%	$9,775 +82.7%
2024	$352 +8.1%	$5,350
2023	$326	$5,350
2022	--	$5,350
2021	--	$5,350 +19.6%
2020	$143	$4,475
2019	$143 -21.1%	$4,475
2018	$181 -45.1%	$4,475
2017	$330 +29.1%	$4,475 -40.5%
2016	$256 -9.3%	$7,525
2014	$282	$7,525
2013	--	$7,525 -15%
2012	--	$8,850
2011	--	$8,850
2010	--	$8,850
2009	--	$8,850 -8.3%
2008	--	$9,650
2007	--	$9,650
2006	--	$9,650
2005	--	$9,650 -3.7%
2004	--	$10,025
2003	--	$10,025
2002	--	$10,025
2001	--	$10,025 +24.9%
2000	--	$8,025

Find assessor info on the county website

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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.

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