29 days on rocket

1362 Gleason Ave, Memphis, TN, 38106

$84,400

Home List Price

$1,002*

Closing Credit

0 Baths
Multi

Location

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1362 Gleason Ave, Memphis$84,400

Buyer Closing Credits

$1,002*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1954
HeatingOther
CoolingOther
MLS #10183910
StatusActive

About 1362 Gleason Ave

Investors only! Duplex for sale (1 bed /1bath) each side. ONLINE VIDEO AVAILABLE UPON REQUEST. One unit is occupied at $550 & rented at $525 ($1075 total rent). Property is professionally managed (lease & ledger available). Recent renovations include: window ac units, new paint, new flooring on one side (LVP), new cabinets on one side, new water heater on one side, new doors & knobs. ONLINE VIDEO AVAILABLE UPON REQUEST. Don't approach or disturb tenants no showings without an accepted offer. Seller isn't interested in creative financing or owner financing. No wholesalers or assignments please.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Exterior Features

Exterior Information:

  • Exterior: Wood/Composition

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: S on Dunnavant, R on Gleason, home on R

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,400

Tax Information:

  • Annual Amount: $657
  • Tax Year: 2021
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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

$190.4K

# of Sold Homes

409

1362 Gleason Ave vs Memphis

29 DAYS ON ROCKET

$84,400

-$106K Less

KEY TAKEAWAY

This property is $106K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183910

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: 11/23/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 26, 2021Home Sold
$46,000
Dec 12, 2019Home Sold
$45,000
Oct 04, 2004Home Sold
$18,500

Tax History

YEARPROP. TAXASSESSMENT
2021$657$9,080
2020$811$11,200
2019$811$11,200
2018$460$11,200
2017$517$11,200

History based on county public records data.

Payment Calculator

$489

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$320

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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-802495
4
/10

  • Rozelle Elementary School

  • 993 Roland St

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-802496
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.80 miles

  • Public Charter Grades KG-5

school-card-donut-802497
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 0.94 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,936. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1362 Gleason Ave

This home is located at 1362 Gleason Ave in Memphis, TN and zip code 38106. This home was built in 1954. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $84,400.

While more than 53 listings in Memphis, TN in October 2024 were sold above asking price, there were more than 103 listings sold at asking price, and more than 252 were sold below. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

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

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