Single Family in Memphis, TN
Active

$69,900

For sale

1640 Po••••• Ave (Sign up for 50 free credits to unlock)Memphis, TN 38127

3Beds
5Baths
1,198Sq Ft Living
13,068Sq Ft Lot
1954Year Built

Property Description

Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.

Property Facts & Features

Property Type
Single Family
Status
Active
Listed
Sep 9, 2026
Price per Sq Ft
$58/sqft
ZIP Code
38127
Full Baths
4
Half Baths
1
Stories
1
Garage
1 space
Parking
Driveway/Pad
Heating
Central
Cooling
Central
Property Tax (2025)
$1,083/yr
Assessed Value
$20,550
Last Sold
$92,000 · May 1, 2023
Neighborhood
Frayser
County
Shelby
School District
Memphis-Shelby County Schools

Estimated Value

$76,700Range $56,900 to $96,600

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1

Land Info

  • Lot Size Acres: 0.3
  • Lot Size Dimensions: 110X138
  • Lot Size Square Feet: 13068

Other Rooms

  • Total Rooms: 6

Interior Features

  • Interior Amenities: All Bedrooms Down

Garage and Parking

  • Garage Spaces: 1
  • Parking Features: Driveway/Pad

Heating and Cooling

  • Cooling Features: Central
  • Heating Features: Central
  • Heating: Yes
  • Number of Fireplaces: 1

Other Property Info

  • Annual Tax Amount: 553
  • Source Listing Status: Active
  • County: Shelby
  • Directions: Head southwest on N Watkins St toward Signal St, then turn right onto Signal St. Take a left onto Portland Ave, the destination will be on the right.
  • Area: Frayser/Whitney
  • Source Neighborhood: ALTA VISTA 3RD ADDN
  • Parcel Number: 070036 00010
  • Subdivision: ALTA VISTA 3RD ADDN
  • Property Subtype: Detached Single Family

Building and Construction

  • Total Square Feet Living: 1198
  • Year Built: 1954
  • Living Area Source: AutoFill (MAARdata) or Public Re
  • Property Age: 72
  • Levels or Stories: 1
  • Structure Type: General Residential
  • House Style: Traditional
  • Year Built Details: Existing Property

Price & Event History

DateEventPrice$/Sq Ft
Oct 19, 2026Price Changed$69,900$58
Sep 9, 2026Listed$79,900$67
Apr 21, 2026Listing removed--
Jan 13, 2026Price Changed$109,900$92
Nov 3, 2024Listing removed$1,150-
Nov 3, 2024Listing removed--
Oct 24, 2024Listed$114,900-
Oct 13, 2024Listed for rent$1,150$1
Oct 13, 2024Listed for rent$1,150-
Apr 20, 2023Sold$92,000-
Mar 19, 2023Listed$111,500-
Dec 22, 2019Sold$45,850-
Jun 3, 2019Listed$47,500-
May 17, 2019Listing removed--
May 9, 2019Price Changed$47,000-
Dec 25, 2018Listed$52,000-
Jun 26, 2010Listing removed$59,000-
Feb 15, 2010Price Changed$63,900-
Dec 3, 2009Listed$59,900-
Aug 4, 2009Listing removed$64,900-
Aug 1, 2009Relisted$64,900-
Feb 21, 2009Listing removed$64,900-
Feb 10, 2009Listed$64,900-

Property Tax History

YearTaxAssessedLandBuildingMarket
2025$1,083$20,550$1,800$18,750$82,200
2024$923$20,550$1,800$18,750$82,200
2023$854$14,025$1,575$12,450$56,100
2022$854$14,025$1,575$12,450$56,100
2021$864$14,025$1,575$12,450$56,100
2020$661$9,125$1,575$7,550$36,500
2019$661$9,125$1,575$7,550$36,500
2018$661$9,125$1,575$7,550$36,500
2017$375$9,125$1,575$7,550$36,500
2016$405$9,275$1,575$7,700$37,100
2015$405$9,275$1,575$7,700$37,100
2014$405$9,275$1,575$7,700$37,100

Nearby Schools

  • 5/10
    Whitney Elementary

    Public · Elementary · Grades K-5

    0.9 mi
  • 4/10
    Grandview Heights Middle

    Public · Middle · Grades 6-8

    1.3 mi
  • 3/10
    Trezevant High School

    Public · High · Grades 9-12

    2.0 mi
  • NR
    New Hope Christian Academy

    Private · Elementary · Grades PK-6

    1.1 mi

Location

Lat 35.20338 · Lng -90.00908