Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1200 manage by owner over 2 years. Low taxes and insurance. Updated some of the Virtual Staging for you to see the potential of the property. Sellers Done all repairs Turnkeys for another Investors. Check with your loan originator about no income and no tax return verify program available. This will go for Debt Service Coverage Ratio
For sale
$134,500
635 N Merton St, Memphis, TN 38112
2beds
1,197sqft
Single Family Residence
Built in 1930
5,662 Square Feet Lot
$123,200 Zestimate®
$112/sqft
$-- HOA
What's special
- 300 days |
- 148 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
David N Truong,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10208861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Dimensions: 0 x 0
Dining room
- Dimensions: 0 x 0
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 1,197 sqft
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Features
- Stories: 1
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 45 x 130
- Features: Level
Details
- Parcel number: 052036 00015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1930
Community & HOA
Community
- Security: Wrought Iron Security Drs
- Subdivision: Southwestern University Place
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $76,700
- Annual tax amount: $921
- Price range: $134.5K - $134.5K
- Date on market: 10/31/2025
- Cumulative days on market: 301 days
Estimated market value
$123,200
$115,000 - $131,000
$1,060/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $134,500-0.3%$112/sqft |
Source:  MAAR #10208861 Report a problem | ||
| 10/31/2025 | Listed for sale | $134,900-15.7%$113/sqft |
Source: MAAR #10208861 Report a problem | ||
| 7/26/2024 | Listing removed | -- |
Source: MAAR #10173241 Report a problem | ||
| 6/7/2024 | Price change | $160,000-5.8%$134/sqft |
Source: MAAR #10173241 Report a problem | ||
| 5/28/2024 | Listed for sale | $169,900+899.4%$142/sqft |
Source: MAAR #10173241 Report a problem | ||
| 6/14/2018 | Sold | $17,000+54.5%$14/sqft |
Source: Public Record Report a problem | ||
| 6/28/2011 | Sold | $11,000-61.4%$9/sqft |
Source: Public Record Report a problem | ||
| 10/30/2000 | Sold | $28,500-34.2%$24/sqft |
Source: Public Record Report a problem | ||
| 4/4/2000 | Sold | $43,296$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,011 +9.8% | $19,175 +37.2% |
| 2024 | $920 +8.1% | $13,975 |
| 2023 | $851 | $13,975 |
| 2022 | -- | $13,975 |
| 2021 | -- | $13,975 +24.5% |
| 2020 | $359 | $11,225 |
| 2019 | $359 -21.1% | $11,225 |
| 2018 | $455 -45.1% | $11,225 |
| 2017 | $829 +129.4% | $11,225 +5.6% |
| 2016 | $361 +2.8% | $10,625 |
| 2014 | $352 | $10,625 |
| 2013 | -- | $10,625 -3.6% |
| 2012 | -- | $11,025 |
| 2011 | -- | $11,025 |
| 2010 | -- | $11,025 |
| 2009 | -- | $11,025 -26.3% |
| 2008 | -- | $14,950 |
| 2007 | -- | $14,950 |
| 2006 | -- | $14,950 |
| 2005 | -- | $14,950 +70.9% |
| 2004 | -- | $8,750 |
| 2003 | -- | $8,750 |
| 2002 | -- | $8,750 -34.7% |
| 2001 | -- | $13,400 +42.6% |
| 2000 | -- | $9,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 6/10William Herbert Brewster Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Central High SchoolGrades: 9-12Distance: 2.8 mi
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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.
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