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Image 1 - 5097 Lochinvar Road, Memphis, TN 38116, USA - House for sale
Image 2 - 5097 Lochinvar Road, Memphis, TN 38116, USA - House for sale
Image 3 - 5097 Lochinvar Road, Memphis, TN 38116, USA - House for sale
Home For Sale In Memphis, Tennessee
5097 Lochinvar Road, Memphis, TN 38116, USA

Home For Sale In Memphis, Tennessee

house for sale
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Listed: 05/01/24

5097 Lochinvar Road, Memphis, TN 38116, USA

3 Bed:
1.5 Bath:
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Price
$ 135,000
Price:  Lower

About This House

Handyman Special! Great opportunity to flip/hold/lease out to tenants. Market rent between$1, 300-1, 600a month. ACT NOW! Home needs work. Selling As-Is! No blind offers will be accepted! NO wholesalers! Owner/Agent

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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.