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Image 1 - 397 Carbon Rd, Memphis, Tennessee, 38109 - House for sale
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Home For Sale In Memphis, Tennessee
397 Carbon Rd, Memphis, Tennessee, 38109

Home For Sale In Memphis, Tennessee

house for sale
Listed: 04/25/24

397 Carbon Rd, Memphis, Tennessee, 38109

3 Bed:
1 Bath:
Save
Price
$ 99,900
Price:  Lower

About This House

Incredible Investment Opportunity! This property is currently occupied by a tenant that is on a lease from3/26/2024until3/31/2025.The current tenant is paying $850 per month. This property is currently being professionally managed by Reedy and Company who just completed a fresh turnover before the tenant moved in. Now showings without an accepted offer. No wholesale or assignment.

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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 May 2024, the asking price for 3 bed houses for sale in/near Memphis, United States averaged $231,511, a decrease of 0.5% from the previous month.
Median price trends for properties for sale in Memphis, United States as of May 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.