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Image 1 - 1062 South Perkins Road, Memphis, TN 38117, USA - House for sale
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Image 4 - 1062 South Perkins Road, Memphis, TN 38117, USA - House for sale
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Image 9 - 1062 South Perkins Road, Memphis, TN 38117, USA - House for sale
Home For Sale In Memphis, Tennessee
1062 South Perkins Road, Memphis, TN 38117, USA

Home For Sale In Memphis, Tennessee

house for sale
Listed: 04/05/24

1062 South Perkins Road, Memphis, TN 38117, USA

4 Bed:
2 Bath:
Save
Price
$ 195,000
Price:  Lower

About This House

Investors only ! Cash offers only ! No blind offers ! Please go and see the property before sending your offer. This home was recently a professionally managed rental property. Market Rent$1200-$1495/month. Property will need a light renovation to become rent ready. The property is in the Colonial Acres subdivision in zip code 38117; 17 minutes from Downtown Memphis and 11 minutes from Midtown Memphis. Elementary, Middle and High schools within 1.3 miles of this property. No wholesalers!!!

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Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 4 bed houses for sale in/near Memphis, United States averaged $326,596, a decrease of 42.9% from the previous month.
Median price trends for properties for sale in Memphis, United States as of April 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.