7 months on rocket

Backup Offers

224 E Alston Ave, Memphis, TN, 38126

$129,000

Home List Price

$1,532*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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224 E Alston Ave, Memphis$129,000

Buyer Closing Credits

$1,532*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAsphalt/Blacktop
Year Built1930
HeatingWall Furnace
CoolingOther
MLS #10157553
StatusAccepting Backup Offers
(Contingent)

About 224 E Alston Ave

Great investment property near downtown Memphis. Unbelievable opportunity to add this 4 plex to your investment portfolio! Steps away from downtown developments, this vacant 4plex features two 2 bedrooms units upstairs and downstairs. The .98 acres includes adjacent vacant lot. Needs renovation but priced to sell! As is. Attached lot previously had another building that was torn down and is included in sale.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

Interior Features

Interior Information:

  • Flooring Type: Other (See Remarks)

Exterior Features

Parking Information:

  • Parking: Asphalt/Blacktop

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: North on Third street, right on Alston.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,000

Tax Information:

  • Annual Amount: $2,227
  • 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

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

224 E Alston Ave vs Memphis

214 DAYS ON ROCKET

$129,000

-$71.1K Less

KEY TAKEAWAY

This property is $71.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10157553

Listing Office:

  • Office Name: Patterson & Assoc. Real Estate

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: 4/27/2024, 8:25:16 AM 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 17, 2003Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,227$30,760
2020$2,072$28,600
2019$2,072$28,600
2018$1,175$28,600
2017$1,182$28,600

History based on county public records data.

Payment Calculator

$711

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$453

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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-1097519
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 7.70 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 $16,709. The most common annual income of people living in Memphis, TN is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Shelby County›Memphis›38126›224 E Alston Ave

This home is located at 224 E Alston Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. This home was built in 1930. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $129,000.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. In March 2024 in Memphis, TN there were 16% more homes for sale than in February 2024.

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

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