Sold for $215,000

$215,000

986 Eldridge Ave, Memphis, TN 38107

2beds

1,258sqft

Duplex

Built in 1940

-- sqft lot

$214,400 Zestimate^®

$171/sqft

$1,101 Estimated rent

Home value

$214,400

$199,000 - $229,000

$1,101/mo

Zestimate^® history

Owner options

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$1,101/mo

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$1,101/mo

Rent Zestimate^®

Refinance and save

$1,421/mo

Est. payment

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$1,421/mo

Est. payment

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What's special

Investment Opportunity! This duplex is ready for a full Renovation and then Rental income. This property offers the potential to maximize rental income with the flexibility to rent out both sides or live in one side while renting out the other. Whether you're a seasoned investor or just starting in real estate, don't miss out on the investment opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Wall Furnace

Cooling

1 Window Unit per Unit

Appliances

Included: Range/Oven (Freestanding), Gas Water Heater

Features

Eat-in Kitchen, Separate Living Room
Flooring: Concrete
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,258 sqft

Property

Parking

Parking features: Street Parking Only
Has uncovered spaces: Yes

Features

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

Lot

Size: 5,390 Square Feet
Dimensions: 49 x 110
Features: Level

Details

Parcel number: 021050 00076

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer
Roof: Composition Shingles

Condition

Year built: 1940

Community & HOA

Community

Subdivision: Victory Courts

Location

Region: Memphis

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $43,800
Annual tax amount: $480
Date on market: 2/14/2024
Cumulative days on market: 157 days
Listing terms: Other (See Remarks)
Lease term: None
Tenant pays: All Utilities, Trash Collection, Grounds Care

Price history

Date	Event	Price
6/16/2025	Sold	$215,000-13.7%$171/sqft
Source: Public Record Report a problem
4/20/2025	Price change	$248,999-15.6%$198/sqft
Source: MAAR #10192495 Report a problem
3/21/2025	Listed for sale	$295,000+637.5%$234/sqft
Source: MAAR #10192495 Report a problem
8/15/2024	Sold	$40,000-7%$32/sqft
Source: MAAR #10165858 Report a problem
7/31/2024	Pending sale	$43,000$34/sqft
Source: MAAR #10165858 Report a problem
3/21/2024	Price change	$43,000-4.4%$34/sqft
Source: MAAR #10165858 Report a problem
2/20/2024	Listed for sale	$45,000$36/sqft
Source: MAAR #10165858 Report a problem
2/19/2024	Pending sale	$45,000$36/sqft
Source: MAAR #10165858 Report a problem
2/14/2024	Listed for sale	$45,000+28.6%$36/sqft
Source: MAAR #10165858 Report a problem
6/14/2022	Sold	$35,000+250%$28/sqft
Source: Public Record Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/6/2020	Sold	$10,000-64.3%$8/sqft
Source: Public Record Report a problem
4/28/2017	Listing removed	$28,000$22/sqft
Source: Owner Report a problem
2/15/2017	Listed for sale	$28,000+211.1%$22/sqft
Source: Owner Report a problem
1/31/2015	Listing removed	$275
Source: Owner Report a problem
12/31/2014	Listed for rent	$275
Source: Owner Report a problem
2/21/2014	Sold	$9,000-25%$7/sqft
Source: MAAR #3281966 Report a problem
10/17/2013	Price change	$12,000-91.9%$10/sqft
Source: Cowgirl Realty, LLC #3281966 Report a problem
9/26/2013	Listed for sale	$148,000$118/sqft
Source: Cowgirl Realty, LLC #3281966 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$923 +78%	$17,520 +122.3%
2024	$519 +8.1%	$7,880
2023	$480	$7,880
2022	--	$7,880
2021	--	$7,880 -30.6%
2020	$363	$11,360
2019	$363 -21.1%	$11,360
2018	$460 -45.1%	$11,360
2017	$839 +111.9%	$11,360 -2.4%
2016	$396 -17.9%	$11,640
2014	$482	$11,640
2013	--	$11,640 -23%
2012	--	$15,120
2011	--	$15,120
2010	--	$15,120
2009	--	$15,120 +34.5%
2008	--	$11,240
2007	--	$11,240
2006	--	$11,240
2005	--	$11,240 +24.9%
2004	--	$9,000
2003	--	$9,000
2002	--	$9,000
2001	--	$9,000
2000	--	$9,000