3 years on rocket

996 Floyd Avenue, Memphis, TN, 38127

$43,000

Home List Price

$511*

Closing Credit

2 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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996 Floyd Avenue, Memphis$43,000

Buyer Closing Credits

$511*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1951
HeatingCentral
CoolingCentral Air
MLS #10075738
Lot Size0.32 Acres
StatusActive

About 996 Floyd Avenue

Immediate income potential with this renovated single family home. Tenant occupied. Do Not Disturb Tenants. Buyer can inspect property with accepted offer. Make offer subject to inspection. Monthly Rental income is $600. Property renovated in 2020, with new flooring, paint, new exterior doors, and electrical fixtures and HVAC. Large Lot, with Storage Building/Detached Garage.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1951
  • Stories: 1

Listing Office:

  • Office Name: Prime Realty & Investments

Interior Features

Interior Information:

  • Flooring Type: Part Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs, Storage Building

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: I-40 W towards Little Rock, take State Route 300 towards Millington, US-51. Keep right onto US-51 toward Millington. Turn Left onto Millington Street. Turn Left onto Floyd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $43,000
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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

996 Floyd Avenue vs Memphis

1449 DAYS ON ROCKET

$43,000

-$157.1K Less

KEY TAKEAWAY

This property is $157.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10075738

Listing Office:

  • Office Name: Prime Realty & Investments

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: 4/19/2024, 11:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$282

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$195

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NMLS#3030

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-768422
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 6.04 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 $25,862. The majority of Memphis, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Westside, Memphis

What are the common housing types in Westside, Memphis?

The predominant housing types in Westside are single detached homes and townhouses. Most housing in this neighborhood was constructed before the 1960s, during its biggest building boom. This neighborhood is especially good for those looking for three bedroom homes. Renters occupy roughly 60% of the units in Westside and the rest are occupied by owners.

What are the advantages of living in Westside, Memphis?

Westside is a fairly good neighborhood to buy a home in for those who prefer a calm atmosphere. Most areas in this part of Memphis are quiet, as there isn't a lot of street noise or city clamor. Finally, it is easy to get to parks from a large number of locations in the neighborhood and there are a few of them nearby for residents to discover.

Are essential services in Westside, Memphis convenient?

Residents will welcome the proximity to both primary and secondary schools, which are within walking distance from the majority of properties for sale in this part of Memphis. With respect to eating, a car is often needed in this neighborhood to reach the nearest grocery store.

How do Westside, Memphis residents get around?

Westside is an extraordinarily good part of Memphis for traveling by car. It is very easy to find a parking spot. Traveling on foot is not very feasible for property owners in this part of the city because very few daily errands can be run without having to resort to a car.

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Frequently Asked Questions About 996 Floyd Avenue

What is the listing price of this property?

The listing price of 996 Floyd Avenue property is $43,000.

What type of property is this?

The property 996 Floyd Avenue is a house located in Memphis, Tennessee, 38127.

Is this property for sale now?

Active Listing: 996 Floyd Avenue is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 996 Floyd Avenue are:
Memphis Virtual School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 996 Floyd Avenue has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 996 Floyd Avenue is 1951.

Rocket Homes›Tennessee›Shelby County›Memphis›38127›996 Floyd Avenue

This home is located at 996 Floyd Avenue in Memphis, TN and zip code 38127 in the Westside neighborhood. This home, which was built in 1951, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 01, 2020 and is currently priced at $43,000.

In March 2024 more than 82 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 199 were 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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