This property is what investors have been waiting on. This house is in the hot and desired Midtown area of Memphis. It's just a three minute drive from the heart of Downtown. Here is an opportunity to add plenty value to a home in an area where the market is through the roof.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1917
Stories: 1
Listing Office:
Office Name: The Bailey Company Realty, Inc
Interior Features
Interior Information:
Flooring Type: Hardwood Throughout
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Porch, Historic District
Parking Information:
Parking: Driveway/Pad
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: None
School Info
Assigned Schools Information:
Memphis Virtual School, Public District Grades 6-12
Other
Directions Information:
Directions: From I-40 W, take the Lamar exit and head east toward S Bellevue Blvd. Once you cross S Bellevue Blvd, the house will be the second house past the gas station on the corner of the south end of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $120,000
Tax Information:
Annual Amount: $2,554
Tax Year: 2021
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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
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school5.96 miles
Public District Grades 6-12
Nearby Schools
4
/10
Bruce Elementary School
581 S Bellevue Blvd
Distance between this listing and this school0.27 miles
Public District Grades PK-5
4
/10
Rozelle Elementary School
993 Roland St
Distance between this listing and this school0.87 miles
Public Magnet Grades KG-5
8
/10
Idlewild Elementary School
1950 Linden Ave
Distance between this listing and this school1.39 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Bellevue Middle School
575 S Bellevue Blvd
Distance between this listing and this school0.21 miles
Public Magnet Grades 6-8
4
/10
Cummings School
1037 Cummings St
Distance between this listing and this school0.78 miles
Public Magnet Grades PK-8
5
/10
City University School Girls Preparatory
665 Madison Ave
Distance between this listing and this school1.39 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
Memphis Virtual School
3772 Jackson Ave
Distance between this listing and this school5.96 miles
Public District Grades 6-12
Nearby Schools
3
/10
Central High School
306 S Bellevue Blvd
Distance between this listing and this school0.42 miles
Public Magnet Grades 9-12
4
/10
Memphis Academy of Science Engineering Middle/Hig
20 Dudley St
Distance between this listing and this school0.94 miles
The neighbors living near this home have an average income of $47,015. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1251 Lamar Ave
What is the listing price of this property?
The listing price of 1251 Lamar Ave property is $120,000.
What type of property is this?
The property 1251 Lamar Ave is a house located in Memphis, Tennessee, 38104.
Is this property for sale now?
Active Listing: 1251 Lamar Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1251 Lamar Ave are: Memphis Virtual School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,554 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 19, 2007 for $35,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1251 Lamar Ave has 3 bedrooms and 1 bathroom.
Which year was this property built?
The year of construction for 1251 Lamar Ave is 1917.
This home is located at 1251 Lamar Ave in Memphis, TN and zip code 38104 in the Annesdale / Snowden neighborhood. This home, which was built in 1917, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 18, 2022 and is currently priced at $120,000.
While more than 75 listings in Memphis, TN in April 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 272 were sold below. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.
From Rocket Homes Real Estate and based on county public records data.