17 days on rocket

1229 SW James St W, Memphis, TN, 38106

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1229 SW James St W, Memphis$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1926
HeatingCentral, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceMasonry, In Primary Bedroom
MLS #10186010
Lot Size0.16 Acres
StatusActive

About 1229 SW James St W

Income Property Cash,CONV & or partial Owner's Financing Owner/Agent. 2 mins fm STAX .06m Near Downtown & Midtown This property features four bedrooms, screened-in porch, showcasing hardwood floors & a newly renovated bathroom, providing a solid foundation for investment. The property presents significant potential for generating substantial rental income and experiencing long-term appreciation. Its versatility makes it an attractive opportunity for investors seeking to optimize their returns. Please be advised that the property is currently TENANT--OCCUPIED; therefore, it is imperative NOT to disturb the tenants. Showings will only be permitted with an accepted offer. The property is being sold in an "AS-IS" condition with no contingencies. Should you wish to proceed, drive-bys are welcome only if you are genuinely interested. Once an offer is accepted, arrangements will be made for you to inspect the interior of the property. The property is currently rented for $1,000.00 per month.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Stories: 1

Listing Office:

  • Office Name: BHHS Taliesyn Realty

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Vinyl/Luxury Vinyl Floor, Textured Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Permanent Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s), Common Basement
  • Fireplace: Masonry, In Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Screen Porch, Sidewalks

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From downtown Memphis to Union, right on Bellevue , right on McLemore , left on James St. House on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

1229 SW James St W vs Memphis

17 DAYS ON ROCKET

$80,000

-$103K Less

KEY TAKEAWAY

This property is $103K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10186010

Listing Office:

  • Office Name: BHHS Taliesyn Realty

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-52564
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.43 miles

  • Public Charter Grades KG-5

school-card-donut-52565
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 0.66 miles

  • Public Charter Grades KG-5

school-card-donut-52566
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.88 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,991. The majority of Memphis, TN residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1229 SW James St W

What is the listing price of this property?

The listing price of 1229 SW James St W property is $80,000.

What type of property is this?

The property 1229 SW James St W is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1229 SW James St W is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1229 SW James St W has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1229 SW James St W is 1926.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1229 SW James St W

This home is located at 1229 SW James St W in Memphis, TN and zip code 38106 in the Destiny Unlimited neighborhood. This home, which was built in 1926, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 01, 2024 and is currently priced at $80,000.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. The number of homes for sale in Memphis, TN increased by 6.8% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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