3478 Tutwiler Ave, Memphis, TN, 38122

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3478 Tutwiler Ave, Memphis$340,000

Buyer Closing Credits

$4,038^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingLess Than 1 Per Unit

Year Built1912

HeatingWall Furnace

CoolingOther

BasementYes

MLS #10159951

StatusActive

About 3478 Tutwiler Ave

7 Unit apartment. 4 occupied, 3 vacant. Scheduled rents are $2200/month. With the other two units filled the potential rent is $4100/month. All leases are month to month. Possession can be taken with tenants or vacant with 30 day notice.

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Property Details

Property Features

Property Information:

• Year Built: 1912
• Stories: 2

Listing Office:

• Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

• Appliances: Refrigerator, Range, Oven
• Basement: Yes
• Flooring Type: 8 Feet, Dry Wall, Hardwood Throughout, Vinyl Floor

Exterior Features

Parking Information:

• Parking: Less Than 1 Per Unit

Utilities

Utilities Information:

• Heating: Wall Furnace
• Cooling: Other

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: From Summer Ave and Highland head North on Highland and take a left on Tutwiler Ave.

Price Information

Listing Price Info

Price Summary:

• List Price: $340,000

Tax Information:

• Annual Amount: $3,724
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$192.8K

Med. Price/SqFt

$129

Avg. Days On Market

96

# of Sold Homes

488

3478 Tutwiler Ave vs Memphis

223 DAYS ON ROCKET

+127 Days

$340,000

+$147.1K More

KEY TAKEAWAY

This property is $147.1K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10159951

Listing Office:

• Office Name: KAIZEN Realty, LLC

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: 6/11/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Aug 04, 2016	Aug 04, 2016Home Sold	$108,400
Apr 03, 2006	Apr 03, 2006Home Sold	$66,500
Aug 20, 2004	Aug 20, 2004Home Sold	$132,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$3,724	$51,440
2020	$3,266	$45,080
2019	$3,266	$45,080
2018	$1,853	$45,080
2017	$2,612	$45,080

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38122›3478 Tutwiler Ave

This home is located at 3478 Tutwiler Ave in Memphis, TN and zip code 38122 in the Highland Heights neighborhood. This home was built in 1912. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $340,000.

Memphis, TN housing market in May 2024 saw over 91 listings sold above listed price, more than 113 sold at listed price and over 284 sold below. The inventory of homes for sale in Memphis, TN between April 2024 and May 2024 increased by 11.4%. The median list price of listings available in May 2024 was $192,881, while the average time on the real estate market was 96 days.

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