237 W Person Avenue, Memphis, TN 38109

New Listing
$65,999
Property Type: Residential Bedrooms: 4 Square Footage: 1,368 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $65,999 List Date: 6/02/2026 Last Modified: 6/02/2026

Overview

Description

INVESTOR ALERT! 4-bedroom, 2-bath investment opportunity located in a historic Memphis neighborhood. Previously rented through the Section 8 program for over $1,000 per month and will be delivered vacant at closing, providing flexibility for investors to place a new tenant or owner-occupants looking for value. Features a spacious layout, strong rental potential, and convenient access to schools, shopping, major roadways, and downtown Memphis. A great addition to any buy-and-hold portfolio or investment strategy. Do not disturb occupants No wholesalers. Serious inquiries only.

Listing Details MLS# 4151328

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Property Condition
Fixer
Approx Lot Size Acres
0.1
Approx H/C SqFt
1368
SqFt Source
Public Records
List Price/SqFt
48.24
Year Built Known
Yes
Year Built
1929
Year Built Source
Assessor
Total Floors
Yes
Bedrooms Total
4
Bathrooms Full
2
Fireplace
No
Pool
No
Home Warranty
No
Accessibility Features
Yes
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: House Architectural Style: Bungalow Lot Features: Fenced Levels: One Bathroom Features: Walk-In Shower Appliances: None Flooring: Laminate Door Features: Storm Door(s) Laundry Features: None Accessibility Features: Central Living Area Security Features: None Cooling: Wall/Window Unit(s) Heating: Baseboard Utilities: Other Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Renovation Loan Roof: Architectural Shingles Patio And Porch Features: Porch Exterior Features: Other Fencing: Wrought Iron Driveway Features: Concrete Drive Parking Features: Driveway Community Features: None Waterfront Features: None Horse Amenities: None Attic Features: Pull Down Stair Unit Water Heater: None Disclosures: As Is Room Type: Family Room

Address and Location Information

Street Number
237
Street Direction
W
Street Name
Person
Street Suffix
Avenue
County
Shelby
State
TN
Zip Code
38109
Parcel Number
03-5062-0-0007
Subdivision
Metes And Bounds

Listing Information

Listing Service
Limited Service

Tax and Financial Information

Tax Annual Amount
767
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Zoning
General Residential
Flood Insurance Required?
No
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
SSW PERSON

Parking Features

Parking Total
3
Driveway
Yes

More Information

Workshop Features

Workshop
No

Barn Features

Barn
No

Horse Amenities

Horse Amenities
No
None
Yes

Showing Requirements

Showing
Appointment Required

Attic Features

Attic
Yes
Pull Down Stair Unit
Yes

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
INVESTOR ALERT! 4-bedroom, 2-bath investment opportunity located in a historic Memphis neighborhood. Previously rented through the Section 8 program for over $1,000 per month and will be delivered vacant at closing, providing flexibility for investors to place a new tenant or owner-occupants looking for value. Features a spacious layout, strong rental potential, and convenient access to schools, shopping, major roadways, and downtown Memphis. A great addition to any buy-and-hold portfolio or investment strategy. Do not disturb occupants No wholesalers. Serious inquiries only.

Structure Type

House
Yes

Architectural Style

Bungalow
Yes

Lot Features

Fenced
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Bank Loan
Yes
Cash
Yes
Renovation Loan
Yes

Waterfront Features

None
Yes

Utilities

Other
Yes

Bathroom Features

Walk-In Shower
Yes

Appliances

None
Yes

Flooring

Laminate
Yes

Door Features

Storm Door(s)
Yes

Laundry Features

None
Yes

Accessibility Features

Central Living Area
Yes

Security Features

None
Yes

Cooling

Wall/Window Unit(s)
Yes

Heating

Baseboard
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Fiberglass Siding
Yes

Roof

Architectural Shingles
Yes

Exterior Features

Other
Yes

Patio And Porch Features

Porch
Yes

Fencing

Wrought Iron
Yes

Driveway Features

Concrete Drive
Yes

Community Features

None
Yes

Water Heater

None
Yes

Disclosures

As Is
Yes

Room Type

Family Room
Yes

Room Information

Room Name Level
Family Room Main
Listing Office: Trust Realty Group
Listing Agent: Melody Mitchell
Last Updated: June - 02 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.