Price Reduction - Primary on Main
Address
1551 Waverly Ave, Memphis, TN
Price
$ 70,000
Property Attributes
  • MLS#10226992
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Memphis-Glenview
  • NeighborhoodSOUTHERN TERRACE
  • Zip38106
  • StyleTraditional
  • Year Built1935
  • Taxes$ 1489
  • Price$ 70,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1859
  • Lot Size0.2 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

INVESTORS—DON’T MISS THE SIZE & UPSIDE! Spacious one-level 3BR/2BA home offering approximately 1,859 SF with hardwood floors, central HVAC, separate living and dining areas on a corner lot. Property offers strong value-add potential and is ideal for a flip, BRRRR or long-term rental. Renovated homes in the surrounding area have shown strong resale activity. Property is being sold AS-IS. Buyer to perform all due diligence regarding condition, renovation costs, rental potential and resale value. Schedule your showing today!

Price History
7/27/2026 Listed $80,000
8/21/2026 7$75,000
9/11/2026 7$70,000

General Features

Heating Floor Furnace
Cooling Window Unit(s)
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 2
Legal Subdivision Name SOUTHERN TERR
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 748B
Parcel Number 031008 00008
Status Active
Annual City Tax 729
Annual County Tax 760
Sale/Rent For Sale
Area South Memphis/Glenview
Service Type Full Service Listing
Neighborhood Association None
Year Built 1935
Directions Turn right on S Willett st coming from EH Crump. Turn right on southern ave,slight left at Rayner St.then turn left on Waverly ave.
City Memphis
DOM 49

Interior Features

Dining Room 12x13
Living Room Separate Living Room,Separate Dining Room,Washer/Dryer Connections
Living Room Dimensions 17x14
Bedroom 2 Dimensions 12X12
Beds 3
Total Baths 2
Number of Rooms 3
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Hardwood
BEDROOM 3 DESCRIPTION Level 1
BEDROOM 2 DESCRIPTION Level 1

Exterior Features

Pool None
Lot 9
Lot Size Area 0.2
Water & Sewer Public Water,Public Sewer
Lot Size 59X148
Parking Display C1A
Lot Description Corner
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38106

Price
AVG $100K
$70K
Taxes
AVG $837
$1,489
Year Built
AVG 1949
1935
Visits
AVG 88
22
Data Provided by Inside Real Estate®