Investor opportunity in the heart of Memphis! This charming 2-bedroom, 1-bath single-family home features 1,230 sq ft of living space on a 0.17-acre lot with hardwood and tile floors throughout. Recent upgrades include a brand-new central A/C system and coil, some LED lights, interior paint updates, and a new roof, offering peace of mind and reduced capital expenses. The property is currently tenant-occupied with a long-term resident of 9 years on a month-to-month lease, paying $750/month with market rent potential around $900/month. This is a low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. There are many updated/ complete rehab homes in the area that have helped establish a strong rental market. Long-term tenant of 9 years, please do not disturb.
Sold for $65,000
$65,000
691 Hillcrest St, Memphis, TN 38112
2beds
1,230sqft
Single Family Residence
Built in 1922
7,405 Square Feet Lot
$32,000 Zestimate®
$53/sqft
$976 Estimated rent
Home value
$32,000
$30,000 - $34,000
$976/mo
Zestimate® history
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$976/mo
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$327/mo
Est. payment
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Est. payment
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List your homeWhat's special
Interior paint updatesNew roofHardwood and tile floors
Zillow last checked:
Listing updated:
Listed by:
Heath F Gooch,
STIXNBRIX
Bought with:
Christian Townsend
KAIZEN Realty, LLC
Source: MAAR,MLS#: 10201731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bonus Room, Attic
Primary bedroom
- Features: Walk-In Closet(s), Hardwood Floor
- Level: First
- Area: 195
- Dimensions: 13 x 15
Bedroom 2
- Features: Shared Bath, Hardwood Floor
- Level: First
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Dimensions: 0 x 0
Bedroom 4
- Dimensions: 0 x 0
Bedroom 5
- Dimensions: 0 x 0
Dining room
- Features: Separate Dining Room
- Area: 196
- Dimensions: 14 x 14
Kitchen
- Features: Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
- Area: 140
- Dimensions: 14 x 10
Living room
- Features: Separate Den
- Dimensions: 0 x 0
Basement
- Area: 144
- Dimensions: 12 x 12
Office
- Dimensions: 0 x 0
Bonus room
- Area: 140
- Dimensions: 7 x 20
Den
- Area: 210
- Dimensions: 14 x 15
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), 220 Wiring
Appliances
- Included: Gas Water Heater, Range/Oven, Dishwasher
Features
- All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down, Textured Ceiling, Cable Wired, Walk-In Closet(s)
- Flooring: Hardwood, Tile, Vinyl
- Windows: Double Pane Windows
- Basement: Crawl Space,Partial
- Attic: Pull Down Stairs
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,230 sqft
Property
Parking
- Parking features: Driveway/Pad, Storage
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Wood,Chain Link,Wood Fence,Chain Fence
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Some Trees, Level
Details
- Parcel number: 038012 00006
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood/Composition
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System, Smoke Detector(s), Burglar Alarm, Iron Door(s), Dead Bolt Lock(s), Wrought Iron Security Drs
- Subdivision: Hillcrest
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $53,800
- Annual tax amount: $536
- Price range: $65K - $65K
- Date on market: 7/21/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $65,000-13.3%$53/sqft |
Source:  MAAR #10201731 Report a problem | ||
| 8/1/2025 | Pending sale | $75,000$61/sqft |
Source: MAAR #10201731 Report a problem | ||
| 7/21/2025 | Listed for sale | $75,000+134.4%$61/sqft |
Source: MAAR #10201731 Report a problem | ||
| 6/30/2025 | Sold | $32,000+700%$26/sqft |
Source: Public Record Report a problem | ||
| 7/31/2014 | Sold | $4,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $709 +32.1% | $13,450 +65% |
| 2024 | $537 +8.1% | $8,150 |
| 2023 | $496 | $8,150 |
| 2022 | -- | $8,150 |
| 2021 | -- | $8,150 +15.2% |
| 2020 | $226 | $7,075 |
| 2019 | $226 -21.1% | $7,075 |
| 2018 | $287 -45.1% | $7,075 |
| 2017 | $522 +113.3% | $7,075 -1.7% |
| 2016 | $245 -9.7% | $7,200 |
| 2014 | $271 | $7,200 |
| 2013 | -- | $7,200 -15.3% |
| 2012 | -- | $8,500 |
| 2011 | -- | $8,500 |
| 2010 | -- | $8,500 |
| 2009 | -- | $8,500 -4.5% |
| 2008 | -- | $8,900 |
| 2007 | -- | $8,900 |
| 2006 | -- | $8,900 |
| 2005 | -- | $8,900 -3.8% |
| 2004 | -- | $9,250 |
| 2003 | -- | $9,250 |
| 2002 | -- | $9,250 |
| 2001 | -- | $9,250 -17.2% |
| 2000 | -- | $11,175 |
Find assessor info on the county website
Neighborhood: Berclair-Highland Heights
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Nearby schools
GreatSchools rating
- 3/10Treadwell Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Treadwell Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 1.7 mi
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- Tennessee
- Shelby County
- Memphis
- 38112
- Berclair-Highland Heights
- 691 Hillcrest St
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