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Backup Offers

1265 James St, Memphis, TN, 38106

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1265 James St, Memphis$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete
Year Built1963
HeatingWall Furnace
CoolingOther
BasementYes
MLS #10169044
StatusAccepting Backup Offers
(Contingent)

About 1265 James St

Now available is a 95% occupied turn-key 6 unit apartment building! New windows, updated electrical panel, LVP flooring, New kitchen and bath in each unit! Each unit comes with a stainless refrigerator and range. Each unit is separately metered. Owner pays for lawn/security lights only. Rent is $795/mo each unit. One unit vacant and currently being marketed.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: Renshaw Company, REALTORS

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range, Oven
  • Basement: Yes
  • Flooring Type: Vinyl Floor

Exterior Features

Parking Information:

  • Parking: Concrete

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: E on Trigg, N on James, property is in your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $3,171
  • Tax Year: 2021
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Housing Market Comparison

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

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Memphis, TN

City

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1265 James St vs Memphis

31 DAYS ON ROCKET

$500,000

+$304.3K More

KEY TAKEAWAY

This property is $304.3K more than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10169044

Listing Office:

  • Office Name: Renshaw Company, REALTORS

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: 5/2/2024, 12:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2013Home Sold
$100,000
Mar 15, 2011Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,171$43,800
2020$2,782$38,400
2019$2,782$38,400
2018$1,578$38,400
2017$753$38,400

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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

school-card-donut-4773311
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 6.81 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,991. Most Memphis, TN residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1265 James St

This home is located at 1265 James St in Memphis, TN and zip code 38106 in the Destiny Unlimited neighborhood. This home was built in 1963. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $500,000.

Memphis, TN housing market in April 2024 saw over 75 listings sold above listed price, more than 122 sold at listed price and over 272 sold below. The number of homes for sale in Memphis, TN increased by 13.1% between March 2024 and April 2024.

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

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