2 months on rocket

1320 Faxon Ave, Memphis, TN, 38104

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1320 Faxon Ave, Memphis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1920
HeatingWall Furnace
CoolingWall/Window Unit(s)
BasementYes
MLS #10176486
StatusActive

About 1320 Faxon Ave

Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. Vacant duplex that is being marketed to investors & owner occupant buyers who want to live inside & collect rent on the other side (House Hack). Each unit is 2 bedrooms 1 bath & management company is asking $1150 for unit 1 & $950 for unit 2. ONLINE VIDEO AVAILABLE UPON REQUEST. Could be a great primary residence, AirBnb, or long term rental. FHA/VA/ Conventional offers welcome!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Part Hardwood

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer, Wood/Composition, Stucco

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Traveling west on North Parkway, turn right onto N. Claybrook. Turn right onto Faxon. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $1,494
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Memphis, TN

City

Med. Sold Price

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

1320 Faxon Ave vs Memphis

73 DAYS ON ROCKET

$199,900

+$9K More

KEY TAKEAWAY

This property is $9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10176486

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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: 9/20/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 25, 2021Home Sold
$120,000
Mar 22, 2021Home Sold
$90,000
Jan 08, 2021Home Sold
$85,000
Jan 08, 2021Home Sold
$85,000
Jan 26, 2016Home Sold
$51,500
Oct 31, 2014Home Sold
$51,500
Jul 09, 2014Home Sold
$51,500
Jun 09, 2014Home Sold
$51,500
Feb 10, 2014Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,494$20,640
2020$1,837$25,360
2019$2,283$25,360
2018$1,295$31,520
2017$1,215$31,520

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

Powered By

Rocket Mortgage

Advertisement

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.

High School

school-card-donut-161793
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.72 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,688. The majority of Memphis, TN residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38104›1320 Faxon Ave

This home is located at 1320 Faxon Ave in Memphis, TN and zip code 38104 in the Medical District neighborhood. This home was built in 1920. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $199,900.

In August 2024, from all listings sold in Memphis, TN there were more than 62 sold above asking price, over 237 sold below and more than 116 were sold right at the asked price. The number of listings in Memphis, TN increased by 7.5% between July 2024 and August 2024.

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

More Resources