new - 1 day on rocket

908 Baltic St, Memphis, TN, 38112

$134,500

Home List Price

$1,597*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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908 Baltic St, Memphis$134,500

Buyer Closing Credits

$1,597*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1949
HeatingCentral
CoolingCentral Air
MLS #10185305
Lot Size0.17 Acres
StatusActive

About 908 Baltic St

Welcome to 908 Baltic St, an exceptional investment property in Memphis offering a fantastic opportunity for reliable and immediate cash flow. Leased at $1,275 per month through 05/31/2026, this well-kept home provides rental income for years to come. This single-family residence features 3 bedrooms, 2 bathrooms, making it an attractive choice for tenants. Situated in a sought-after neighborhood, the property enjoys convenient access to local amenities, schools, and major transportation routes, enhancing its rental appeal. Quick access to Sam Cooper Blvd. and Jackson Ave. With a long-term lease already secured, 908 Baltic St. is an ideal addition for any investor looking to expand their portfolio with minimal hassle. Don't miss your chance to invest in a property that delivers stability and profitable returns from day one.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Foundation Property Management

Interior Features

Interior Information:

  • Flooring Type: Part Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Cordova Rd and Appling Rd to I-40 W 10 min (4.2 mi) ? Follow I-40 W and Sam Cooper Blvd to N Highland St. Take exit 7 from Sam Cooper Blvd 8 min (7.9 mi) ? Follow Summer Ave to Baltic St 4 min (1.3 mi)

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,500

Tax Information:

  • Annual Amount: $828
  • 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

$190.4K

# of Sold Homes

409

908 Baltic St vs Memphis

1 DAY ON ROCKET

$134,500

-$55.9K Less

KEY TAKEAWAY

This property is $55.9K less than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10185305

Listing Office:

  • Office Name: Foundation Property Management

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: 11/17/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2019Home Sold
$25,000
Aug 09, 2001Home Sold
$28,500

Tax History

YEARPROP. TAXASSESSMENT
2021$828$11,440
2020$860$11,880
2019$860$11,880
2018$488$11,880
2017$537$11,880

History based on county public records data.

Payment Calculator

$739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$470

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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-467820
5
/10

  • Treadwell Elementary School

  • 3538 Given Ave

  • 0.84 miles

  • Public Magnet Grades PK-5

school-card-donut-467821
5
/10

  • Springdale Elementary School

  • 880 N Hollywood St

  • 1.02 miles

  • Public Magnet Grades PK-5

school-card-donut-467822
3
/10

  • Cornerstone Preparatory - Lester Campus

  • 320 Carpenter St

  • 1.15 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,346. Residents of Memphis, TN typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 908 Baltic St

What is the listing price of this property?

The listing price of 908 Baltic St property is $134,500.

What type of property is this?

The property 908 Baltic St is a house located in Memphis, Tennessee, 38112.

Is this property for sale now?

Active Listing: 908 Baltic St 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 $828 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 30, 2019 for $25,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 908 Baltic St has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 908 Baltic St is 1949.

Rocket Homes›Tennessee›Shelby County›Memphis›38112›908 Baltic St

This home is located at 908 Baltic St in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. This home, which was built in 1949, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $134,500.

In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

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

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