1 month on rocket

481 Walker Ave, Memphis, TN, 38126

$524,900

Home List Price

$6,233*

Closing Credit

0 Baths
Multi

Location

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481 Walker Ave, Memphis$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete
Year Built1973
HeatingCentral
CoolingCentral Air
BasementYes
MLS #10185375
StatusActive

About 481 Walker Ave

Investor opportunity! This 6-unit apartment building features six units leased at $800 each! Each unit has 2 bedrooms and 1 bathroom, and the property offers ample tenant parking. The roof was replaced in 2019, and central heat and air were updated in 2018. The sale includes an additional lot at 487 Walker Ave. Property is being sold as-is.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: Fast Track Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl Floor

Exterior Features

Parking Information:

  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take the ramp onto I-240 W~Merge onto I-240 W~Take the exit onto I-240 N/I-69~Take exit 28B for S Pkwy W~Turn right onto Bullington Ave~Turn right onto Mississippi Blvd~Turn left onto Walker Ave~Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900

Tax Information:

  • Annual Amount: $1,784
  • 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

481 Walker Ave vs Memphis

34 DAYS ON ROCKET

$524,900

+$341.9K More

KEY TAKEAWAY

This property is $341.9K more than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10185375

Listing Office:

  • Office Name: Fast Track 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: 12/21/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 26, 2018Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,784$24,640
2020$1,669$23,040
2019$1,669$23,040
2018$947$23,040
2017$958$23,040

History based on county public records data.

Payment Calculator

$2,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-815793
3
/10

  • A. B. Hill Elementary School

  • 345 E Olive Ave

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-815794
3
/10

  • Memphis Delta Preparatory

  • 1237 College St

  • 0.96 miles

  • Public Charter Grades KG-5

school-card-donut-815795
5
/10

  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 1.07 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 $25,116. Typical income of Memphis, TN residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38126›481 Walker Ave

This home is located at 481 Walker Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home was built in 1973. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $524,900.

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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