22 days on rocket

1872 Portland Ave, Memphis, TN, 38127

$109,900

Home List Price

$1,305*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1872 Portland Ave, Memphis$109,900

Buyer Closing Credits

$1,305*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1956
HeatingCentral
CoolingCentral Air
MLS #10183791
Lot Size0.20 Acres
StatusActive

About 1872 Portland Ave

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 10/04/2024 until 09/30/2025. This property was newly renovated in 2020 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: Reedy & Company, REALTORS

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From James Rd go north on Overton Crossing, turn left on Portland Ave, house is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,900

Tax Information:

  • Annual Amount: $1,072
  • 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

1872 Portland Ave vs Memphis

22 DAYS ON ROCKET

$109,900

-$80.5K Less

KEY TAKEAWAY

This property is $80.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10183791

Listing Office:

  • Office Name: Reedy & Company, 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: 11/15/2024, 6:20:48 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

Apr 29, 2020Home Sold
$83,000
Mar 16, 2011Home Sold
$32,500
Oct 16, 2009Home Sold
$12,001
Feb 06, 2007Home Sold
$44,800

Tax History

YEARPROP. TAXASSESSMENT
2021$1,072$14,800
2020$478$6,600
2019$478$6,600
2018$271$6,600
2017$355$6,600

History based on county public records data.

Payment Calculator

$616

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-309989
7
/10

  • Delano Elementary School

  • 1716 Delano Ave

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-309990
4
/10

  • Frayser Achievement Elementary School (ASD)

  • 1602 Dellwood Ave

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-309991
3
/10

  • Whitney Achievement Elementary School (ASD)

  • 1219 Whitney Ave

  • 1.27 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,302. Residents of Memphis, TN typically earn less than $35k each year. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1872 Portland Ave

What is the listing price of this property?

The listing price of 1872 Portland Ave property is $109,900.

What type of property is this?

The property 1872 Portland Ave is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 1872 Portland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,072 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 29, 2020 for $83,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1872 Portland Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1872 Portland Ave is 1956.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›1872 Portland Ave

This home is located at 1872 Portland Ave in Memphis, TN and zip code 38127 in the Alta Vista neighborhood. This home, which was built in 1956, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $109,900.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 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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