2 months on rocket

965 Eldridge Ave, Memphis, TN, 38107

$135,000

Home List Price

$1,603*

Closing Credit

0 Baths
Multi

Location

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965 Eldridge Ave, Memphis$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOffsite/Street
Year Built1940
HeatingWall Furnace
CoolingWall/Window Unit(s), Other
MLS #10177119
StatusActive

About 965 Eldridge Ave

Great Investment Opportunity! Tenant Occupied! Don't Disturb Tenant! Brick 4-Unit Complex located near the downtown area. Each unit is a 1bed/1bath. One unit is currently occupied at $450 monthly w/lease ending 8/29/25. There is a fully renovated unit that is currently vacant & being marketed for rent. Units 3 & 4 need full rehabs. Professionally managed (lease, ledger, & repair history available). AS-IS Cash! No creative/owner financing, no wholesalers, or assignments. ONLINE VIDEO AVAILABLE.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout, Wood Laminate Floors

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: Offsite/Street

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: HWy 240 North exit on Chelsea Ave left and right on Morehead and complex is at the right corner of Moorehead and Eldridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000

Tax Information:

  • Annual Amount: $1,743
  • 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

$190.8K

Med. Price/SqFt

$117

# of Sold Homes

415

965 Eldridge Ave vs Memphis

65 DAYS ON ROCKET

$135,000

-$55.8K Less

KEY TAKEAWAY

This property is $55.8K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10177119

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

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: 9/20/2024, 10:20:50 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

Apr 08, 2019Home Sold
$59,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,743$24,080
2020$1,037$14,320
2019$1,037$14,320
2018$589$14,320
2017$484$14,320

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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.

High School

school-card-donut-163140
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.99 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,846. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38107›965 Eldridge Ave

This home is located at 965 Eldridge Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home was built in 1940. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $135,000.

In August 2024 more than 62 listings in Memphis, TN were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 237 were sold below. The inventory of homes for sale in Memphis, TN between July 2024 and August 2024 increased by 7.5%.

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

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