21 days on rocket

2877 Brewer Ave, Memphis, TN, 38114

$119,500

Home List Price

$1,419*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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2877 Brewer Ave, Memphis$119,500

Buyer Closing Credits

$1,419*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1953
HeatingCentral
CoolingCentral Air
MLS #10184319
Lot Size0.22 Acres
StatusActive

About 2877 Brewer Ave

Turnkey investment opportunity in Memphis with this fully renovated, cash-flowing property that comes tenant-occupied, providing immediate rental income. This turnkey investment requires no additional work. With modern renovations throughout, the property has minimal maintenance costs while offering an attractive living space that appeals to tenants. Located in a high-demand area, this is the perfect property for investors seeking reliable returns in a market with strong appreciation potential. Please respect tenant privacy—no direct contact or property visits.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: eXp Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven, Microwave
  • Flooring Type: Wood Laminate Floors, Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level, Fencing
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Lamar Ave, right onto Semmes left onto Southwall right on Brewer house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,500

Tax Information:

  • Annual Amount: $787
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$190.4K

# of Sold Homes

409

2877 Brewer Ave vs Memphis

21 DAYS ON ROCKET

$119,500

-$70.9K Less

KEY TAKEAWAY

This property is $70.9K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184319

Listing Office:

  • Office Name: eXp 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: 11/22/2024, 11:20:52 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$787$10,875
2020$434$6,000
2019$434$6,000
2018$247$6,000
2017$285$6,000

History based on county public records data.

Payment Calculator

$664

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$425

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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-600388
4
/10
  • Cherokee Elementary School

  • 3061 Kimball Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-600389
3
/10
  • Sharpe Elementary School

  • 3431 Sharpe Ave

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-600390
4
/10
  • Bethel Grove Elementary School

  • 2459 Arlington Ave

  • 1.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,960. The majority of Memphis, TN residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2877 Brewer Ave

What is the listing price of this property?

The listing price of 2877 Brewer Ave property is $119,500.

What type of property is this?

The property 2877 Brewer Ave is a house located in Memphis, Tennessee, 38114.

Is this property for sale now?

Active Listing: 2877 Brewer 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 $787 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2877 Brewer Ave has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 2877 Brewer Ave is 1953.

Rocket HomesTennesseeShelby CountyMemphis381142877 Brewer Ave

This home is located at 2877 Brewer Ave in Memphis, TN and zip code 38114 in the Fairlawn neighborhood. This home, which was built in 1953, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $119,500.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. The number of listings in Memphis, TN increased by 22.4% between September 2024 and October 2024.

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

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