3 months on rocket

257 W Frank St, Memphis, TN, 38109

$53,000

Home List Price

$629*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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257 W Frank St, Memphis$53,000

Buyer Closing Credits

$629*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1948
HeatingOther
CoolingOther
MLS #10179974
Lot Size0.17 Acres
StatusActive

About 257 W Frank St

Welcome to market a handyman special minutes from Downtown Memphis. Great investor opportunity with potential cashflow of $750/month. Needs cosmetic finishes. Being sold in as-is condition. Investors bring your offers. Motivated Seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1948
  • Stories: 1

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Interior Features

Interior Information:

  • Flooring Type: Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: FROM I240 TAKE THE MALLORY EXIT TO LEFT ON RIVERPORT THEN RIGHT ON DAVANT THEN FOLLOW CURVE ON THE RIGHT TO A LEFT ON FRANK, HOUSE ON THE LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $53,000
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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

$183K

# of Sold Homes

362

257 W Frank St vs Memphis

113 DAYS ON ROCKET

$53,000

-$130K Less

KEY TAKEAWAY

This property is $130K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10179974

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

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: 12/18/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$332

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$225

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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-48532
2
/10

  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 0.30 miles

  • Public Charter Grades KG-5

school-card-donut-48533
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.36 miles

  • Public Charter Grades PK-5

school-card-donut-48534
3
/10

  • Alton Elementary School

  • 2020 Alton Ave

  • 1.60 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 $17,252. Residents of Memphis, TN typically earn less than $35k each year. The most common type of family is 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 257 W Frank St

What is the listing price of this property?

The listing price of 257 W Frank St property is $53,000.

What type of property is this?

The property 257 W Frank St is a house located in Memphis, Tennessee, 38109.

Is this property for sale now?

Active Listing: 257 W Frank St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 257 W Frank St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 257 W Frank St is 1948.

Rocket Homes›Tennessee›Shelby County›Memphis›38109›257 W Frank St

This home is located at 257 W Frank St in Memphis, TN and zip code 38109 in the Riverside neighborhood. This home, which was built in 1948, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $53,000.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. The number of listings in Memphis, TN increased by 6.8% between October 2024 and November 2024.

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

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