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Sold for $50,000
  • $50,000

    878 Stafford Ave, Memphis, TN 38106

    3beds
    1,517sqft
    Apartment
    Built in 1926
    -- sqft lot
    $60,200 Zestimate®
    $33/sqft
    $1,436 Estimated rent

    Home value

    $60,200

    $45,000 - $79,000

    $1,436/mo

    Zestimate® history
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    What's special

    This property is in Soulsville, where there is a lot of history and revitalization. Great investment opportunity for renters or Air B&B. Current market rent comps show to be around $1400/month. One block away from the famous Stax Museum, and is on the historical walking tour that Stax provides. Minutes away from downtown and the interstate. The Property is being sold as-is and has highly motivated seller. Please submit any and all offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew J Wheeler,

    The Stamps Real Estate Company

    Bought with:

    Reginald L Pruitt

    Assured Real Estate Services

    Source: MAAR,MLS#: 10153488MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Carpet
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 2
    • Features: Carpet
    Bedroom 3
    • Features: Carpet
    Primary bathroom
    • Features: Tile Floor
    Dining room
    • Area: 121
    • Dimensions: 11 x 11
    Living room
    • Features: Separate Living Room
    • Area: 121
    • Dimensions: 11 x 11
    Den
    • Area: 121
    • Dimensions: 11 x 11
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • All Bedrooms Down
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,517 sqft

    Property

    Parking
    • Parking features: Driveway/Pad
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 50 x 165
    • Features: Some Trees, Other (See Remarks), Historic District
    Details
    • Parcel number: 014030 00029

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Traditional
    • Property subtype: Apartment
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1926

    Community & HOA

    Community
    • Subdivision: Mcgehee & Livingston
    Location
    • Region: Memphis

    Financial & listing details

    • Price per square foot: $33/sqft
    • Tax assessed value: $47,900
    • Annual tax amount: $523
    • Price range: $50K - $50K
    • Date on market: 8/2/2023
    • Cumulative days on market: 137 days

    Price history

    DateEventPrice
    8/17/2026Listing removed$1,000$1/sqft
    Source: Zillow Rentals Report a problem
    7/19/2026Price change$1,000-23.1%$1/sqft
    Source: Zillow Rentals Report a problem
    5/29/2026Listed for rent$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    4/30/2025Listing removed$1,300$1/sqft
    Source: Zillow Rentals Report a problem
    11/23/2024Listed for rent$1,300+2%$1/sqft
    Source: Zillow Rentals Report a problem
    1/28/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/19/2024Listed for rent$1,275$1/sqft
    Source: Zillow Rentals Report a problem
    10/23/2023Sold$50,000-7.4%$33/sqft
    Source: MAAR #10153488 Report a problem
    10/3/2023Pending sale$54,000$36/sqft
    Source: MAAR #10153488 Report a problem
    9/21/2023Price change$54,000-5.3%$36/sqft
    Source: MAAR #10153488 Report a problem
    9/7/2023Price change$57,000-3.4%$38/sqft
    Source: MAAR #10153488 Report a problem
    8/28/2023Listed for sale$59,000$39/sqft
    Source: MAAR #10153488 Report a problem
    8/27/2023Pending sale$59,000$39/sqft
    Source: MAAR #10153488 Report a problem
    8/11/2023Price change$59,000-9.2%$39/sqft
    Source: MAAR #10153488 Report a problem
    8/2/2023Listed for sale$65,000-5.8%$43/sqft
    Source: MAAR #10153488 Report a problem
    7/17/2023Listing removed--
    Source: MAAR #10147034 Report a problem
    5/11/2023Price change$69,000-4.2%$45/sqft
    Source: MAAR #10147034 Report a problem
    5/9/2023Price change$72,000-8.3%$47/sqft
    Source: MAAR #10147034 Report a problem
    5/1/2023Listed for sale$78,500$52/sqft
    Source: MAAR #10147034 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$631 +11.8%$11,975 +39.7%
    2024$565 +8.1%$8,575
    2023$522 $8,575
    2022-- $8,575
    2021-- $8,575 +10.6%
    2020$248 $7,750
    2019$248 -21.1%$7,750
    2018$314 -45.1%$7,750
    2017$572 +114.3%$7,750 -1.3%
    2016$267 -14.2%$7,850
    2014$311 $7,850
    2013-- $7,850 -19.5%
    2012-- $9,750
    2011-- $9,750
    2010-- $9,750
    2009-- $9,750 +22.3%
    2008-- $7,975
    2007-- $7,975
    2006-- $7,975
    2005-- $7,975 -15.2%
    2004-- $9,400
    2003-- $9,400
    2002-- $9,400
    2001-- $9,400 -7.8%
    2000-- $10,200
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating