867 Polk Ave
Memphis, TN 38126
- 3 beds
- 1 bath
- – sqft
- 1993 build
- – on site
Investors Only! Here's a solid investment opportunity, especially with New South Memphis growing. The home has good structural, a full rehab is needed and could significantly increase its value, particularly given it's less than ten minutes to Beale Street. Are you considering resale or holding for rental (market rate avg $1350) With the area growing, either strategy could yield strong returns. The Seller has two vacant lots on each side of the property that are for sale. The Seller prefers to sale the property with the two lots as a package, or The Buyer can purchase each parcel individually. CASH offers only, no wholesalers and no assignments.
Last checked:
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Last updated Mar 26, 2025
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MLS# 10191027 —
The Building
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Construction Status:Existing Property
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Style:Traditional
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Type:Detached Single Family
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Exterior/Windows:Wood/Composition
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Detached Unit Type:General Residential
Interior
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Living/Dining/Kitchen:Other (See Remarks)
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Floors/Ceilings:Other
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Additional Bed/Bath Info:All Bedrooms Down, Primary Down, Full Bath Down
Financial & Terms
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Warranty/Possible Addenda:Possession at Closing
Location
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Map Coordinate:E
The Property
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Area:745E
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Acres:0.16
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Lot #:13
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Lot Size:50 Sqft
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Lot Description:Some Trees
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Miscellaneous Exterior:Other
Listing Agent
- Contact info:
- Agent phone:
- (901) 331-5554
- Office phone:
- (901) 683-8229
Heating & Cooling
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Heating:Other
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Cooling:No Cooling
The Community
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Neighborhood Association:None
Parking
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Parking/Storage:Other
Monthly cost estimate
Asking price
$45,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$240
|
| Taxes | $49 |
| Insurance | $12 |
| Utilities | N/A |
| Total | $301/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/28/25
Feb 28, 2025
|
Listed / Active | MAARMLS | $45,000 |
