2 months on rocket

1531 Standridge St, Memphis, TN, 38108

$75,000

Home List Price

$891*

Closing Credit

0 Baths
Multi

Location

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1531 Standridge St, Memphis$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1959
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #10181224
StatusActive

About 1531 Standridge St

Calling all investors! Here is a duplex at 50% Occupancy. Could easily be 1% rent ratio when fully occupied.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head west on Chelsea Ave toward Fairfax St. Turn right onto Standridge St; home will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000

Tax Information:

  • Annual Amount: $640
  • 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

1531 Standridge St vs Memphis

68 DAYS ON ROCKET

$75,000

-$115.4K Less

KEY TAKEAWAY

This property is $115.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10181224

Listing Office:

  • Office Name: eXp Realty, LLC

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: 11/21/2024, 5:20:48 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

May 03, 2017Home Sold
$18,000
Dec 06, 2011Home Sold
$15,000
Apr 23, 1999Home Sold
$32,000
Jun 29, 1998Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$640$8,840
2020$678$9,360
2019$678$9,360
2018$385$9,360
2017$336$9,360

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-192803
4
/10

  • Promise Academy

  • 1346 Bryan St

  • 0.37 miles

  • Public Charter Grades KG-5

school-card-donut-192804
4
/10

  • Kipp Memphis Academy Elementary School

  • 2248 Shannon Ave

  • 0.60 miles

  • Public Charter Grades PK-4

school-card-donut-192805
5
/10

  • Springdale Elementary School

  • 880 N Hollywood St

  • 1.28 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 $12,045. Most Memphis, TN residents have annual incomes less than $35k. The most common type of family is single, with 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›38108›1531 Standridge St

This home is located at 1531 Standridge St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home was built in 1959. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $75,000.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

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

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