1 month on rocket

2361 Enterprise Ave, Memphis, TN, 38114

$46,500

Home List Price

$552*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2361 Enterprise Ave, Memphis$46,500

Buyer Closing Credits

$552*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad
Year Built1950
HeatingNatural Gas
CoolingWall/Window Unit(s), Other
WaterfrontBay
MLS #10167567
StatusActive

About 2361 Enterprise Ave

Duplex in Orange Mound will need complete cosmetic restoration. Plumbing/gas connections are intact but may require new electric. There’s a nonprofit that owns a majority of the surrounding vacant lots and other improvements in the area. Less than 5 minutes away from Orange Mound Community Center and Chrisitan Brothers University. 10 minutes to U of M and the airport. 1 side vacant, other is occupied but tenants will leave. Offer contingent upon inspection.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Tri-Leake Realty

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Exterior Features

Exterior Information:

  • Waterfront: Bay
  • Exterior: Brick Veneer

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Wooded, Few Trees

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s), Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Memphis International Airport travel northbound on Airways Blvd and cross I-240. After crossing the Lamar Ave intersection, Enterprise Ave will be to the right before reaching Park Ave. Property is to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $46,500

Tax Information:

  • Annual Amount: $492
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

2361 Enterprise Ave vs Memphis

53 DAYS ON ROCKET

$46,500

-$149.1K Less

KEY TAKEAWAY

This property is $149.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10167567

Listing Office:

  • Office Name: Tri-Leake Realty

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

Apr 15, 2021Home Sold
$26,000
Oct 26, 2017Home Sold
$30,000
Mar 24, 2014Home Sold
$44,000

Tax History

YEARPROP. TAXASSESSMENT
2021$492$6,800
2020$411$5,675
2019$411$5,675
2018$233$5,675
2017$295$5,675

History based on county public records data.

Payment Calculator

$300

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$206

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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-4739255
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 5.72 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,037. The majority of Memphis, TN residents have income less than $35k annually. Most 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 HomesTennesseeShelby CountyMemphis381142361 Enterprise Ave

This home is located at 2361 Enterprise Ave in Memphis, TN and zip code 38114 in the Orange Mound neighborhood. This home was built in 1950. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $46,500.

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. Between March 2024 and April 2024, Memphis, TN real estate market has seen increase in the number of listings by 13.1%.

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

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