Sold for $63,000

Zestimate^®

$63,000

981 Floyd Ave, Memphis, TN 38127

2beds

875sqft

Single Family Residence

Built in 1952

0.32 Acres Lot

$63,000 Zestimate^®

$72/sqft

$969 Estimated rent

Home value

$63,000

$60,000 - $66,000

$969/mo

Zestimate^® history

Owner options

List your home for rent

$969/mo

Rent Zestimate^®

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$969/mo

Rent Zestimate^®

Refinance and save

$317/mo

Est. payment

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$317/mo

Est. payment

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What's special

Large level yardEfficient kitchenEasy-care tile flooring

Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently tenant-occupied and generating $795/month in rental income, offering immediate cash flow for a new owner. The functional layout features easy-care tile flooring, a bright living area, and an efficient kitchen. Outside, the property includes a large, level yard. HVAC brand new-- August 2025. Conveniently located near shopping, schools, and major thoroughfares, this property is a smart addition to any investment portfolio. Do not disturb tenant. Showings available with accepted offer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Area: 132
Dimensions: 11 x 12

Bedroom 2

Level: First
Area: 110
Dimensions: 10 x 11

Dining room

Features: Separate Dining Room
Width: 0

Kitchen

Area: 81
Dimensions: 9 x 9

Living room

Features: Separate Den
Width: 0

Den

Area: 150
Dimensions: 10 x 15

Heating

Central

Cooling

Central Air

Appliances

Laundry: Laundry Closet

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Vinyl
Has fireplace: No

Interior area

Total interior livable area: 875 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 0.32 Acres
Dimensions: 70 x 200
Features: Level

Details

Parcel number: 069040 00004

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: 1952

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Memphis
Subdivision: Patricia Heights Sec F Blk 6

Other

Other facts

Price range: $63K - $63K
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
7/1/2026	Sold	$63,000-3.1%$72/sqft
Source: MAAR #10209663 Report a problem
5/26/2026	Pending sale	$65,000$74/sqft
Source: MAAR #10209663 Report a problem
3/19/2026	Listed for sale	$65,000$74/sqft
Source: MAAR #10209663 Report a problem
3/18/2026	Pending sale	$65,000$74/sqft
Source: MAAR #10209663 Report a problem
2/24/2026	Price change	$65,000-11%$74/sqft
Source: MAAR #10209663 Report a problem
11/13/2025	Listed for sale	$73,000+14.4%$83/sqft
Source: MAAR #10209663 Report a problem
9/15/2025	Listing removed	$795$1/sqft
Source: Zillow Rentals Report a problem
8/26/2025	Listed for rent	$795$1/sqft
Source: Zillow Rentals Report a problem
10/16/2024	Listing removed	$795$1/sqft
Source: Zillow Rentals Report a problem
10/9/2024	Listed for rent	$795+60.6%$1/sqft
Source: Zillow Rentals Report a problem
9/7/2022	Sold	$63,832+275.5%$73/sqft
Source: Public Record Report a problem
8/21/2013	Listing removed	$495$1/sqft
Source: Reed & Associates of TN, LLC Report a problem
7/24/2013	Listed for rent	$495-1%$1/sqft
Source: Reed & Associates of TN, LLC Report a problem
11/27/2012	Listing removed	$500$1/sqft
Source: Reed & Associates of TN, LLC Report a problem
10/4/2012	Price change	$500-4.8%$1/sqft
Source: Reed & Associates of TN, LLC Report a problem
9/7/2012	Listed for rent	$525$1/sqft
Source: Associates of TN, LLC Report a problem
10/25/2011	Sold	$17,000-40.4%$19/sqft
Source: Agent Provided Report a problem
9/28/2011	Price change	$28,500-1.7%$33/sqft
Source: Fast Track Realty, LLC #3230092 Report a problem
8/12/2011	Listed for sale	$29,000-35.6%$33/sqft
Source: Fast Track Realty, LLC #3230092 Report a problem
11/8/2006	Sold	$45,000-11.8%$51/sqft
Source: Public Record Report a problem
5/12/2005	Sold	$51,000+920%$58/sqft
Source: Public Record Report a problem
8/17/2004	Sold	$5,000$6/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$729 +15.9%	$13,825 +44.8%
2024	$629 +8.1%	$9,550
2023	$582	$9,550
2022	--	$9,550
2021	--	$9,550 +49.2%
2020	$205	$6,400
2019	$205 -21.1%	$6,400
2018	$259 -45.1%	$6,400
2017	$472 +77%	$6,400 -18.5%
2016	$267 -19.3%	$7,850
2014	$331	$7,850
2013	--	$7,850 -24.3%
2012	--	$10,375
2011	--	$10,375
2010	--	$10,375
2009	--	$10,375 -6.5%
2008	--	$11,100
2007	--	$11,100
2006	--	$11,100
2005	--	$11,100 +43.2%
2004	--	$7,750
2003	--	$7,750
2002	--	$7,750
2001	--	$7,750 -13.2%
2000	--	$8,925