1022 N 2nd St Memphis, TN 38107
North Memphis NeighborhoodEstimated payment $1,135/month
Total Views
55,383
3
Beds
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Central Heating and Cooling System
- 1-Story Property
- 2-minute walk to Booker T. Washington Park
- Concrete Flooring
About This Home
Fully occupied brick triplex in rapidly appreciating area of Uptown! This investment property is located directly across from Grind City Brewery and surrounded by an area teeming with new construction and revitalization! Gross rents currently at $1868 ($675, $603, and $590) with lower rents set to increase to $675 at lease renewals. Units can also be turned over and rented section 8 for $1000+ per unit! Lots of value add and appreciation potential! Accepted offer before inspection. Owner/agent listing
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $287
Year Built
- Built in 1959
Lot Details
- Lot Dimensions are 45x125
Parking
- Parking Available
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1-Story Property
- Concrete Flooring
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Cedar St S/D Subdivision
Listing and Financial Details
- Assessor Parcel Number 022019 00018
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $287 | $8,480 | $920 | $7,560 |
| 2023 | $517 | $8,480 | $920 | $7,560 |
| 2022 | $517 | $8,480 | $920 | $7,560 |
| 2021 | $614 | $8,480 | $920 | $7,560 |
| 2020 | $961 | $13,000 | $920 | $12,080 |
| 2019 | $435 | $13,000 | $920 | $12,080 |
| 2018 | $435 | $13,000 | $920 | $12,080 |
| 2017 | $445 | $13,000 | $920 | $12,080 |
| 2016 | $629 | $14,400 | $0 | $0 |
| 2014 | $629 | $14,400 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $199,000 | +59.2% | -- |
| 05/31/2022 05/31/22 | Sold | $125,000 | +4.2% | $83 / Sq Ft |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- |
| 04/27/2022 04/27/22 | For Sale | $120,000 | +200.0% | $80 / Sq Ft |
| 12/10/2017 12/10/17 | Sold | $40,000 | -11.1% | $27 / Sq Ft |
| 11/21/2017 11/21/17 | Pending | -- | -- | -- |
| 10/11/2017 10/11/17 | For Sale | $45,000 | +157.1% | $30 / Sq Ft |
| 06/29/2016 06/29/16 | Sold | $17,500 | -12.1% | $13 / Sq Ft |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- |
| 04/14/2016 04/14/16 | For Sale | $19,900 | -- | $14 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Southern Trust Title | |
| Executors Deed | -- | Townsend Joseph | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $40,000 | None Available | |
| Warranty Deed | $17,500 | None Available | |
| Warranty Deed | $54,000 | C & T Title & Escrow | |
| Warranty Deed | $35,000 | C & T Title & Escrow | |
| Warranty Deed | $18,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $782,000 | New Conventional | |
| Closed | $125,000 | New Conventional | |
| Previous Owner | $15,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $40,500 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10190917
APN: 02-2019-0-0018
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