This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no deferred maintenance. Owner has professional contractors available to complete rehab for "hands-off" investment! Other homes are 967 Maria, 973 Maria, 1185 Wrenwood, (Memphis TN), 2184 Ashland (Southaven, MS), 6467 Tulane (Horn Lake, MS) (three of the six homes are tenant occupied with long-term tenants - day one cashflow in place)! $975,000.00 is Bundle Price.? Bundle price reduced by $100k!!. Owner willing to rehab and sale to Owner Occupants separately as well! We specialize in investment properties and have other opportunities available! DO NOT Disturb Tenants. No inspections without contract.
Details
MLS #
10217061
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1961
Days On Site
176
Listing Provided By
Independence Realty&Investment | Derrick Brown
Features
Bed(s)
2
Bath(s)
1 Total
Garage
2
Story(s)
1
Acreage
0.30
Property View
Corner
Interior
Number Of Rooms
6
Cooling
Window Unit(s)
Heating
Wall Unit
Exterior
Roof
Composition Shingles
Foundation
Slab
Lot Description
Corner
Area Information
State
TN
County
Shelby
City
Memphis
Zip Code
38127
Area
Frayser North
Subarea
725D
Community Name
ST ELMO 5TH ADD
Listing VS Median (in ST ELMO 5TH ADD)
Price: $174,800
low | high
Med: $0
On site: 176
low | high
Med:
Sourced by Back At You
Market Activity 38127
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 4
Avg $ Per SqFt: $
Min Sale Price: $47,500
Max Sale Price: $132,000
Med Sale Price: $96,300
Date: Jul 2026
Sales: 13
Avg $ Per SqFt: $
Min Sale Price: $92,597
Max Sale Price: $198,700
Med Sale Price: $119,800
Date: Jun 2026
Sales: 14
Avg $ Per SqFt: $
Min Sale Price: $55,000
Max Sale Price: $190,000
Med Sale Price: $71,250
Date: May 2026
Sales: 20
Avg $ Per SqFt: $
Min Sale Price: $40,000
Max Sale Price: $255,000
Med Sale Price: $82,750
Date: Apr 2026
Sales: 33
Avg $ Per SqFt: $
Min Sale Price: $14,000
Max Sale Price: $185,000
Med Sale Price: $80,000
Date: Mar 2026
Sales: 30
Avg $ Per SqFt: $
Min Sale Price: $35,000
Max Sale Price: $167,000
Med Sale Price: $80,250
Date: Feb 2026
Sales: 20
Avg $ Per SqFt: $
Min Sale Price: $43,000
Max Sale Price: $155,000
Med Sale Price: $90,275
Date: Jan 2026
Sales: 22
Avg $ Per SqFt: $51.83
Min Sale Price: $9,500
Max Sale Price: $220,000
Med Sale Price: $92,750
Date: Dec 2025
Sales: 25
Avg $ Per SqFt: $62.59
Min Sale Price: $26,000
Max Sale Price: $269,900
Med Sale Price: $89,000
Date: Nov 2025
Sales: 26
Avg $ Per SqFt: $73.79
Min Sale Price: $11,750
Max Sale Price: $550,000
Med Sale Price: $89,950
Date: Oct 2025
Sales: 23
Avg $ Per SqFt: $77.46
Min Sale Price: $3,000
Max Sale Price: $365,000
Med Sale Price: $82,000
Date: Sep 2025
Sales: 11
Avg $ Per SqFt: $83.32
Min Sale Price: $55,000
Max Sale Price: $175,000
Med Sale Price: $125,000
Sourced by Back At You
Aug 2026
Sales:
4
Avg $ Per SqFt:
$
Min Sale Price:
$47,500
Max Sale Price:
$132,000
Med Sale Price:
$96,300
Jul 2026
Sales:
13
Avg $ Per SqFt:
$
Min Sale Price:
$92,597
Max Sale Price:
$198,700
Med Sale Price:
$119,800
Jun 2026
Sales:
14
Avg $ Per SqFt:
$
Min Sale Price:
$55,000
Max Sale Price:
$190,000
Med Sale Price:
$71,250
May 2026
Sales:
20
Avg $ Per SqFt:
$
Min Sale Price:
$40,000
Max Sale Price:
$255,000
Med Sale Price:
$82,750
Apr 2026
Sales:
33
Avg $ Per SqFt:
$
Min Sale Price:
$14,000
Max Sale Price:
$185,000
Med Sale Price:
$80,000
Mar 2026
Sales:
30
Avg $ Per SqFt:
$
Min Sale Price:
$35,000
Max Sale Price:
$167,000
Med Sale Price:
$80,250
Feb 2026
Sales:
20
Avg $ Per SqFt:
$
Min Sale Price:
$43,000
Max Sale Price:
$155,000
Med Sale Price:
$90,275
Jan 2026
Sales:
22
Avg $ Per SqFt:
$51.83
Min Sale Price:
$9,500
Max Sale Price:
$220,000
Med Sale Price:
$92,750
Dec 2025
Sales:
25
Avg $ Per SqFt:
$62.59
Min Sale Price:
$26,000
Max Sale Price:
$269,900
Med Sale Price:
$89,000
Nov 2025
Sales:
26
Avg $ Per SqFt:
$73.79
Min Sale Price:
$11,750
Max Sale Price:
$550,000
Med Sale Price:
$89,950
Oct 2025
Sales:
23
Avg $ Per SqFt:
$77.46
Min Sale Price:
$3,000
Max Sale Price:
$365,000
Med Sale Price:
$82,000
Sep 2025
Sales:
11
Avg $ Per SqFt:
$83.32
Min Sale Price:
$55,000
Max Sale Price:
$175,000
Med Sale Price:
$125,000
MLS Number: 10217061
Derrick Brown – (662) 985-0796 – dbrown@irealtymidsouth.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.
MLS Number: 10217061
Derrick Brown – (662) 985-0796 – dbrown@irealtymidsouth.com