4 years on rocket

Backup Offers

477 E Davant Avenue, Memphis, TN, 38106

$59,900

Home List Price

$711*

Closing Credit

0 Baths
Multi

Location

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477 E Davant Avenue, Memphis$59,900

Buyer Closing Credits

$711*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1933
HeatingCentral, Floor Furnace
CoolingWall/Window Unit(s)
MLS #10078781
StatusAccepting Backup Offers
(Contingent)

About 477 E Davant Avenue

Immediate income potential with this brick, well-maintained duplex. Currently 100% occupied. Please Do Not Disturb Tenants. Buyer can inspect property with an accepted offer. 2 bedrooms, 1 bath in each unit. Long term tenants, currently rented for $475 per month, per side. Total monthly revenue is $950. Brand new roof installed June 2020. Situated on a Corner Lot, with private driveway/parking pad.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1933
  • Stories: 1

Listing Office:

  • Office Name: Prime Realty & Investments

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Exterior Features

Exterior Information:

  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Floor Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: I-240 W, take exit 25B to merge onto I-55 N towards St. Louis. Take exit 7 onto US-61. Keep right onto US-61 North. Turn Right onto E Mallory, Turn Left onto S Wellington St, Turn Right onto E Davant Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,900
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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

477 E Davant Avenue vs Memphis

1648 DAYS ON ROCKET

$59,900

-$123.1K Less

KEY TAKEAWAY

This property is $123.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10078781

Listing Office:

  • Office Name: Prime Realty & Investments

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: 12/22/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$366

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-942515
3
/10

  • Alton Elementary School

  • 2020 Alton Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-942516
2
/10

  • Vision Preparatory Charter School

  • 260 Joubert Ave

  • 1.48 miles

  • Public Charter Grades KG-5

school-card-donut-942517
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 1.53 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 $19,949. The majority of Memphis, TN residents have income 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

Rocket Homes›Tennessee›Shelby County›Memphis›38106›477 E Davant Avenue

This home is located at 477 E Davant Avenue in Memphis, TN and zip code 38106 in the Longview Heights neighborhood. This home was built in 1933. It has been listed on Rocket Homes since June 17, 2020 and is currently priced at $59,900.

Over 45 listings were sold over their listed price in November 2024 in Memphis, TN. In the same period over 218 listings were sold below the listed price and 98 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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