For sale

$254,900

699 Shotwell St, Memphis, TN 38111

3beds

1,321sqft

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Single Family Residence

Built in 1943

0.45 Acres Lot

$247,100 Zestimate^®

$193/sqft

$-- HOA

What's special

Rare investment opportunity with built in income! Excellent option for homeowners and investors alike. Beautifully updated 3br/2ba house, 2br/1ba detached garage apartment, and studio with 1 bathroom. This home is located in the heart of the University District. The garage apartment is currently occupied at $945 a month. Great for student rental within walking distance to U of M and close to local amenities. This property combines classic charm with modern updates throughout. Refinished hardwood floors, open plan, eat in kitchen, fresh paint, and updated finishes. Plenty of off-street parking. Home is move in ready!

152 days

81

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Hardwood Floor
Level: First
Dimensions: 0 x 0

Bedroom 2

Features: Hardwood Floor
Level: First

Bedroom 3

Features: Hardwood Floor
Level: First

Primary bathroom

Features: Tile Floor

Dining room

Features: Separate Dining Room
Dimensions: 0 x 0

Kitchen

Features: Eat-in Kitchen

Living room

Features: Separate Living Room
Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Appliances

Included: Range/Oven
Laundry: Laundry Room

Features

All Bedrooms Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,321 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 0.45 Acres
Dimensions: 93 x 213
Features: Some Trees

Details

Parcel number: 046043 00021

Construction

Type & style

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

Materials

Wood/Composition
Roof: Composition Shingles

Condition

New construction: No
Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Jay Madison Re Subd Blk 10

Location

Region: Memphis

Financial & listing details

Price per square foot: $193/sqft
Tax assessed value: $160,800
Annual tax amount: $2,118
Price range: $254.9K - $254.9K
Date on market: 2/4/2026
Cumulative days on market: 153 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$247,100

$235,000 - $259,000

$1,671/mo

Price history

Date	Event	Price
2/4/2026	Listed for sale	$254,900+151.1%$193/sqft
Source: MAAR #10213926 Report a problem
2/25/2021	Listing removed	--
Source: Owner Report a problem
5/23/2020	Listing removed	$1,450$1/sqft
Source: Owner Report a problem
3/21/2020	Listed for rent	$1,450+61.1%$1/sqft
Source: Owner Report a problem
2/29/2016	Listing removed	$900$1/sqft
Source: Owner Report a problem
2/24/2016	Price change	$900-25%$1/sqft
Source: Owner Report a problem
1/20/2016	Price change	$1,200+20%$1/sqft
Source: Owner Report a problem
1/9/2016	Price change	$1,000-20%$1/sqft
Source: Owner Report a problem
12/9/2015	Sold	$101,500-6.9%$77/sqft
Source: MAAR #9958164 Report a problem
12/1/2015	Listed for rent	$1,250$1/sqft
Source: Owner Report a problem
3/8/2015	Listing removed	$109,000$83/sqft
Source: Hobson Realtors #9944691 Report a problem
2/6/2015	Listed for sale	$109,000+36.3%$83/sqft
Source: Hobson Realtors #9944691 Report a problem
6/14/2001	Sold	$80,000+8.8%$61/sqft
Source: Public Record Report a problem
8/5/1998	Sold	$73,500$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,119 +30%	$40,200 +62.4%
2024	$1,630 +8.1%	$24,750
2023	$1,508	$24,750
2022	--	$24,750 -12.3%
2021	--	$28,225 +15.3%
2020	$782	$24,475
2019	$782 -21.1%	$24,475
2018	$991 -45.1%	$24,475
2017	$1,807 +139.6%	$24,475 +10.4%
2016	$754 -10%	$22,175
2014	$838	$22,175
2013	--	$22,175 -15.6%
2012	--	$26,275
2011	--	$26,275
2010	--	$26,275
2009	--	$26,275 +9.4%
2008	--	$24,025
2007	--	$24,025
2006	--	$24,025
2005	--	$24,025 +14.5%
2004	--	$20,975
2003	--	$20,975
2002	--	$20,975
2001	--	$20,975 +18.7%
2000	--	$17,675

Find assessor info on the county website

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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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