Investor Alert: High-Potential Brick Shell in Medical District Attention serious investors - this 2-bedroom, 1-bath brick home offers a premier location-driven opportunity near I-40 and the Le Bonheur Children’s Hospital medical district. The property requires a full rehab and is being sold strictly Cash Only and As-Is, with no warranties provided. No assignments or wholesale inquiries. Once restored, the property’s prime location could potentially provide exceptional versatility for high-demand for: > Long-term rentals for medical professionals or students. > Short-term rentals (Airbnb) or medium-term executive/business stays. > Owner-occupant resale in an emerging medical hub. Owner regrets having to sell the property, but it cannot be help. Call today to obtain this high-yield potential property.
For sale
$50,000
862 Mosby Ave, Memphis, TN 38105
2beds
675sqft
Single Family Residence
Built in 1970
2,613 Square Feet Lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Brick home
- 166 days |
- 78 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Tjuania L Redmond,
Lawrence Johnson, REALTORS 901-345-1600
Source: MAAR,MLS#: 10213522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other (See REMARKS)
Cooling
- Other (See REMARKS)
Features
- All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Part Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 675 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 2,613 Square Feet
- Dimensions: 27 x 97
- Features: Level
Details
- Parcel number: 051014 00049
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1970
Community & HOA
Community
- Subdivision: Sanderson
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $25,900
- Annual tax amount: $341
- Price range: $50K - $50K
- Date on market: 1/23/2026
- Cumulative days on market: 168 days
Estimated market value
Not available
Estimated sales range
Not available
$924/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Price change | $50,000-23.1%$74/sqft |
Source:  MAAR #10213522 Report a problem | ||
| 1/23/2026 | Listed for sale | $65,000+117.4%$96/sqft |
Source: MAAR #10213522 Report a problem | ||
| 4/22/2022 | Sold | $29,900+50.3%$44/sqft |
Source: MAAR #10120473 Report a problem | ||
| 4/7/2022 | Pending sale | $19,900$29/sqft |
Source: MAAR #10120473 Report a problem | ||
| 3/28/2022 | Listed for sale | $19,900+33.6%$29/sqft |
Source: MAAR #10120473 Report a problem | ||
| 6/2/2019 | Listing removed | $14,900$22/sqft |
Source: BEST Real Estate Company #10053550 Report a problem | ||
| 5/25/2019 | Price change | $14,900+0.7%$22/sqft |
Source: BEST Real Estate Company #10053550 Report a problem | ||
| 5/23/2019 | Listed for sale | $14,800$22/sqft |
Source: BEST Real Estate Company #10053288 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $341 +5.2% | $6,475 +31.5% |
| 2024 | $324 +8.1% | $4,925 |
| 2023 | $300 | $4,925 |
| 2022 | -- | $4,925 |
| 2021 | -- | $4,925 +13.9% |
| 2020 | $138 | $4,325 |
| 2019 | $138 -21.1% | $4,325 |
| 2018 | $175 -45.1% | $4,325 |
| 2017 | $319 +108.7% | $4,325 -3.9% |
| 2016 | $153 -13.5% | $4,500 |
| 2014 | $177 | $4,500 |
| 2013 | -- | $4,500 -18.9% |
| 2012 | -- | $5,550 |
| 2011 | -- | $5,550 |
| 2010 | -- | $5,550 |
| 2009 | -- | $5,550 +7.2% |
| 2008 | -- | $5,175 |
| 2007 | -- | $5,175 |
| 2006 | -- | $5,175 |
| 2005 | -- | $5,175 +73.9% |
| 2004 | -- | $2,975 |
| 2003 | -- | $2,975 |
| 2002 | -- | $2,975 |
| 2001 | -- | $2,975 -22.7% |
| 2000 | -- | $3,850 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Bruce Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Memphis Academy Of Science EngineeringGrades: 6-12Distance: 0.8 mi
- 4/10Central High SchoolGrades: 9-12Distance: 1.2 mi
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.
- Tennessee
- Shelby County
- Memphis
- 38105
- Downtown
- 862 Mosby Ave
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