3 months on rocket

3581 Rockwood Ave, Memphis, TN, 38122

$99,000

Home List Price

$1,176*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3581 Rockwood Ave, Memphis$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway/Pad, Other (See REMARKS)
Year Built1940
HeatingWall Furnace, Other
CoolingOther
WaterfrontOther
MLS #10164940
StatusActive

About 3581 Rockwood Ave

Income-producing duplex! Great Cap Rate! Perfect addition to your Portfolio! 100% Occupied w/ leases. A Total of $1150 rental income($550 & $600). Tenants pay all of their own utilities. No sign in yard. DO NOT DISTURB TENANTS. No showings without accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: Captain & Co. Real Estate, LLC

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Part Hardwood, Tile, Vinyl Floor

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Aluminum/Steel Siding, Aluminum Window(s), Separate Meters

Parking Information:

  • Parking: Driveway/Pad, Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing, Other

Utilities

Utilities Information:

  • Heating: Wall Furnace, Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Take N Highland St. Pass Summer Ave. All The Way Down To Rockwood Ave. Make A Right. The Duplex Will Be On Your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000

Tax Information:

  • Annual Amount: $601
  • 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

3581 Rockwood Ave vs Memphis

108 DAYS ON ROCKET

$99,000

-$96.6K Less

KEY TAKEAWAY

This property is $96.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10164940

Listing Office:

  • Office Name: Captain & Co. Real Estate, 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: 5/19/2024, 8:20:32 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

Aug 17, 2021Home Sold
$67,500
Apr 13, 2021Home Sold
$35,000
Nov 16, 2020Home Sold
$17,000
May 30, 2018Home Sold
$15,500
Nov 21, 2000Home Sold
$40,249
Dec 17, 1998Home Sold
$27,500

Tax History

YEARPROP. TAXASSESSMENT
2021$601$8,300
2020$1,002$13,840
2019$1,002$13,840
2018$569$13,840
2017$645$13,840

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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-3691150
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 1.18 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 $34,255. The majority of Memphis, TN residents have income less than $35k annually. Typical family type is 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›38122›3581 Rockwood Ave

This home is located at 3581 Rockwood Ave in Memphis, TN and zip code 38122 in the Brinkley Heights neighborhood. This home was built in 1940. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $99,000.

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 number of listings 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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