1 month on rocket

2387 Norman Ave, Memphis, TN, 38108

$60,000

Home List Price

$713*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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2387 Norman Ave, Memphis$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS), Garage
Year Built1930
HeatingOther
CoolingOther
WaterfrontOther
MLS #10185995
Lot Size0.12 Acres
StatusActive

About 2387 Norman Ave

Looking for an opportunity to create a space for a new family, add to your portfolio, and fix and flip, then take a look at this property. Partially renovated but a visionaries flare can take it the rest of the way.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: Infinity Group REALTORS, Inc.

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS), Garage

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Hollywood & Chelsea, go south on Hollywood to west (right) on Norman to 2387, which will be down on the left before you get to Harrison St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000

Tax Information:

  • Annual Amount: $539
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.5K

Med. Price/SqFt

$139

Avg. Days On Market

67

# of Sold Homes

397

2387 Norman Ave vs Memphis

35 DAYS ON ROCKET

-32 Days

$60,000

-$130.5K Less

KEY TAKEAWAY

This property is $130.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #10185995

Listing Office:

  • Office Name: Infinity Group REALTORS, Inc.

Copyright© 2025 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: 1/5/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$539$7,450
2020$521$7,200
2019$521$7,200
2018$296$7,200
2017$298$7,200

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-427362
4
/10
  • Promise Academy

  • 1346 Bryan St

  • 0.23 miles

  • Public Charter Grades KG-5

school-card-donut-427363
4
/10
  • Kipp Memphis Academy Elementary School

  • 2248 Shannon Ave

  • 0.69 miles

  • Public Charter Grades PK-4

school-card-donut-427364
5
/10
  • Springdale Elementary School

  • 880 N Hollywood St

  • 0.86 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,273. Typical income of Memphis, TN residents is less than $35k annually. The majority of families are single, no 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 2387 Norman Ave

What is the listing price of this property?

The listing price of 2387 Norman Ave property is $60,000.

What type of property is this?

The property 2387 Norman Ave is a house located in Memphis, Tennessee, 38108.

Is this property for sale now?

Active Listing: 2387 Norman 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 $539 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2387 Norman Ave has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2387 Norman Ave is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38108›2387 Norman Ave

This home is located at 2387 Norman Ave in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. This home, which was built in 1930, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $60,000.

In December 2024, from all listings sold in Memphis, TN there were more than 61 sold above asking price, over 237 sold below and more than 97 were sold right at the asked price. The number of homes for sale in Memphis, TN increased by 1.5% between November 2024 and December 2024. In December 2024 median list price was $190,593 and the average listing age was 67 days.

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

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