Sold for $60,000

$60,000

672 Lipford St, Memphis, TN 38112

2beds

980sqft

Apartment

Built in 1931

-- sqft lot

$53,000 Zestimate^®

$61/sqft

$927 Estimated rent

Home value

$53,000

$43,000 - $65,000

$927/mo

Zestimate^® history

Owner options

List your home for rent

$927/mo

Rent Zestimate^®

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$927/mo

Rent Zestimate^®

Refinance and save

$302/mo

Est. payment

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$302/mo

Est. payment

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What's special

Seize this rehabbed 2-bedroom,1-bath home in a burgeoning area. Already generating cash flow with a tenant paying $900/month, this property promises immediate income and appreciation potential. Ideal for investors aiming for quick returns and long-term growth. Priced to attract attention in a growing community, it’s a perfect portfolio addition. Act fast to capitalize on this turnkey investment opportunity in an area set for expansion. A smart buy for savvy investors. *Don't Disturb Tenants*

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Smooth Ceiling
Level: First
Width: 0

Dining room

Width: 0

Living room

Features: Separate Living Room
Width: 0

Den

Width: 0

Heating

Central

Cooling

Window Unit(s)

Features

All Bedrooms Down, Smooth Ceiling, Dining Room
Has fireplace: No

Interior area

Total interior livable area: 980 sqft

Property

Parking

Parking features: Other (See REMARKS)

Features

Stories: 1
Patio & porch: Porch, Patio
Exterior features: Storage
Pool features: None

Lot

Size: 5,050 sqft
Dimensions: 50 x 101
Features: Some Trees

Details

Parcel number: 052070 00023

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes

Materials

Wood/Composition

Condition

New construction: No
Year built: 1931

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Memphis
Subdivision: Summer Avenue

Other

Other facts

Price range: $60K - $60K

Price history

Date	Event	Price
4/10/2024	Sold	$60,000-7.7%$61/sqft
Source: MAAR #10166998 Report a problem
4/2/2024	Pending sale	$65,000$66/sqft
Source: MAAR #10166998 Report a problem
3/2/2024	Listed for sale	$65,000-43.5%$66/sqft
Source: MAAR #10166998 Report a problem
2/24/2024	Listing removed	--
Source: MAAR #10162553 Report a problem
12/13/2023	Listed for sale	$115,000+400%$117/sqft
Source: MAAR #10162553 Report a problem
1/26/2021	Sold	$23,000+797.7%$23/sqft
Source: Public Record Report a problem
2/5/2001	Sold	$2,562$3/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$792 +123.7%	$15,025 +179.5%
2024	$354 +8.1%	$5,375
2023	$327	$5,375
2022	--	$5,375
2021	--	$5,375 +19.4%
2020	$144	$4,500
2019	$144 -21.1%	$4,500
2018	$182 -45.1%	$4,500
2017	$332 +111.2%	$4,500 -2.7%
2016	$157 -6.1%	$4,625
2014	$167	$4,625
2013	--	$4,625 -11.9%
2012	--	$5,250
2011	--	$5,250
2010	--	$5,250
2009	--	$5,250 -7.5%
2008	--	$5,675
2007	--	$5,675
2006	--	$5,675
2005	--	$5,675
2004	--	$5,675
2003	--	$5,675
2002	--	$5,675
2001	--	$5,675 -3.4%
2000	--	$5,875