1 month on rocket

259 Maryland Ave, Memphis, TN, 38126

$299,999

Home List Price

$3,562*

Closing Credit

0 Baths
Multi

Location

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259 Maryland Ave, Memphis$299,999

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGravel, Offsite/Street
Year Built1958
HeatingHeat Pump, Wall Furnace
CoolingWall/Window Unit(s), Central Air
BasementYes
MLS #10183964
StatusActive

About 259 Maryland Ave

Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1

Listing Office:

  • Office Name: Franchise Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Vinyl Floor

Exterior Features

Parking Information:

  • Parking: Gravel, Offsite/Street

Utilities

Utilities Information:

  • Heating: Heat Pump, Wall Furnace
  • Cooling: Wall/Window Unit(s), Central Air

Other

Directions Information:

  • Directions: From downtown south on third. Left on Maryland

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,999

Tax Information:

  • Annual Amount: $494
  • 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

$183K

# of Sold Homes

362

259 Maryland Ave vs Memphis

53 DAYS ON ROCKET

$299,999

+$116.9K More

KEY TAKEAWAY

This property is $116.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10183964

Listing Office:

  • Office Name: Franchise 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: 12/18/2024, 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$494$6,825
2020$425$5,875
2019$425$5,875
2018$241$5,875
2017$272$5,875

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-4372586
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-4372587
3
/10

  • Memphis Scholars Florida-Kansas (ASD)

  • 90 W Olive Ave

  • 1.16 miles

  • Public Charter Grades PK-5

school-card-donut-4372588
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 1.43 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,709. Most Memphis, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38126›259 Maryland Ave

This home is located at 259 Maryland Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home was built in 1958. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $299,999.

While more than 45 listings in Memphis, TN in November 2024 were sold above asking price, there were more than 98 listings sold at asking price, and more than 218 were sold below. 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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