new - 13 hours on rocket

2435 Forrest Ave, Memphis, TN, 38112

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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2435 Forrest Ave, Memphis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1922
HeatingCentral
CoolingCentral Air
MLS #10185414
Lot Size0.15 Acres
StatusActive

About 2435 Forrest Ave

Investor Special near Broad Avenue and the Memphis Zoo near midtown. This Duplex is occupied for $1,390 with long standing tenants and professionally managed. Unit 1 is rented for $695 and the lease ends August 2026. Unit 2 is rented for $700 and the lease ends in August 2025. Unit 1 is a 2 bed and 1 bath unit and Unit 2 is a 2 bed and 2 bath unit. Duplex being sold "as is" and some TLC is needed. Do not Disturb tenants. Showing upon accepted offer. Call listing agent today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1922
  • Stories: 1

Listing Office:

  • Office Name: CB Properties of Memphis, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Sam Cooper to East parkway. Right on E Parkway. Right onto Forrest. Duplex on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $2,053
  • 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

2435 Forrest Ave vs Memphis

1 DAY ON ROCKET

$140,000

-$50.4K Less

KEY TAKEAWAY

This property is $50.4K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185414

Listing Office:

  • Office Name: CB Properties of Memphis, 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: 11/19/2024, 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 24, 2020Home Sold
$72,500
Nov 20, 2008Home Sold
$13,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,053$28,360
2020$1,504$20,760
2019$1,504$20,760
2018$853$20,760
2017$1,168$20,760

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-900950
5
/10

  • William H. Brewster Elementary School

  • 2605 Sam Cooper Blvd

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-900951
5
/10

  • Springdale Elementary School

  • 880 N Hollywood St

  • 0.70 miles

  • Public Magnet Grades PK-5

school-card-donut-900952
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.00 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,273. The majority of Memphis, TN residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2435 Forrest Ave

What is the listing price of this property?

The listing price of 2435 Forrest Ave property is $140,000.

What type of property is this?

The property 2435 Forrest Ave is a house located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 2435 Forrest 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 $2,053 (source: MLS/based on county public records data).

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

The last sale was on March 24, 2020 for $72,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2435 Forrest Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 2435 Forrest Ave is 1922.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›2435 Forrest Ave

This home is located at 2435 Forrest Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1922, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $140,000.

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. 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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