Sold for $243,500

$243,500

781 S Graham St, Memphis, TN 38111

5beds

1,846sqft

Single Family Residence

Built in 1944

8,276 Square Feet Lot

$242,600 Zestimate^®

$132/sqft

$1,537 Estimated rent

Home value

$242,600

$230,000 - $257,000

$1,537/mo

Zestimate^® history

Owner options

List your home for rent

$1,537/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,537/mo

Rent Zestimate^®

Refinance and save

$1,583/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,583/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Prime investment opportunity in the University of Memphis area! This fully renovated 5-bedroom, 2-bathroom home offers exceptional rental income potential. Previously a duplex, the property has been completely restructured into a single-family residence, maximizing living space and functionality. Recent updates include new flooring, new drywall, new HVAC, a new hot water heater, and new appliances, ensuring low maintenance for years to come. The home features two separate living areas, providing additional flexibility for tenants. Located within walking distance to the University of Memphis, this property is ideal for student housing or co-living arrangements. Rental rates in the area range from $700 to $800 per room, creating a potential gross income of $3,500 to $4,000 per month. A turnkey investment with strong cash flow potential—don’t miss this opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 132
Dimensions: 11 x 12

Bedroom 2

Area: 150
Dimensions: 15 x 10

Bedroom 3

Area: 132
Dimensions: 12 x 11

Kitchen

Features: Kitchen Island
Area: 187
Dimensions: 17 x 11

Living room

Area: 304
Dimensions: 19 x 16

Den

Area: 180
Dimensions: 15 x 12

Heating

Central

Cooling

Central Air

Features

1 or More BR Down, 2nd Bedroom, 4th or More Bedrooms, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile
Has fireplace: No

Interior area

Total interior livable area: 1,846 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1.5
Patio & porch: Patio
Pool features: None

Lot

Size: 8,276 Square Feet
Dimensions: 50 x 172
Features: Level

Details

Parcel number: 046052 00023

Construction

Type & style

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

Materials

Wood/Composition
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1944

Community & HOA

Community

Security: Burglar Alarm
Subdivision: Douglass

Location

Region: Memphis

Financial & listing details

Price per square foot: $132/sqft
Tax assessed value: $193,900
Annual tax amount: $2,114
Price range: $243.5K - $243.5K
Date on market: 8/22/2025
Cumulative days on market: 313 days

Price history

Date	Event	Price
2/18/2026	Sold	$243,500-9.1%$132/sqft
Source: MAAR #10204123 Report a problem
1/22/2026	Listing removed	$2,500$1/sqft
Source: MAAR #10202767 Report a problem
1/22/2026	Pending sale	$268,000$145/sqft
Source: MAAR #10204123 Report a problem
8/4/2025	Listed for rent	$2,500$1/sqft
Source: MAAR #10202767 Report a problem
6/7/2025	Price change	$268,000-10.4%$145/sqft
Source: MAAR #10191866 Report a problem
3/24/2025	Price change	$299,000-5.1%$162/sqft
Source: MAAR #10191866 Report a problem
3/13/2025	Listed for sale	$315,000+129.9%$171/sqft
Source: MAAR #10191866 Report a problem
8/2/2019	Sold	$137,000-8.7%$74/sqft
Source: MAAR #10055437 Report a problem
6/25/2019	Pending sale	$150,000$81/sqft
Source: Keller Williams Realty Memphis Central #10055437 Report a problem
6/20/2019	Listed for sale	$150,000$81/sqft
Source: Keller Williams Realty Memphis Central #10055437 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,555 +20.9%	$48,475 +51%
2024	$2,114 +8.1%	$32,100
2023	$1,955	$32,100
2022	--	$32,100
2021	--	$32,100 +58.7%
2020	$621	$20,225 +4.1%
2019	$621 -21.1%	$19,425
2018	$787 -45.1%	$19,425
2017	$1,434 +124%	$19,425 +3.2%
2016	$640 -19.1%	$18,825
2014	$792	$18,825
2013	--	$18,825 -24.2%
2012	--	$24,825
2011	--	$24,825
2010	--	$24,825
2009	--	$24,825 +17%
2008	--	$21,225
2007	--	$21,225
2006	--	$21,225
2005	--	$21,225 +37.6%
2004	--	$15,425
2003	--	$15,425
2002	--	$15,425
2001	--	$15,425 +7.3%
2000	--	$14,375