No Photos
Image 1 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Image 2 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Image 3 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Image 4 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Image 5 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Image 6 - 509 Simpson Ave, Memphis, Tennessee, 38106 - House for sale
Home For Sale In Memphis, Tennessee
509 Simpson Ave, Memphis, Tennessee, 38106

Home For Sale In Memphis, Tennessee

house for sale
Listed: 05/17/24

509 Simpson Ave, Memphis, Tennessee, 38106

8 Bed:
3 Bath:
Save
Price
$ 125,900

About This House

Great Opportunity for Investors with this Gem near Stax Museum and Lemoyne Owen College. This 2 story house could be used as a Rooming House or Housing for college students with 8 separate nice size rooms and 3 Full Bathrooms. Includes Eat in Kitchen area and Laundry Room. Maybe minor cosmetic work needed. Lot for sale next to property with same owner. House is occupied please do not disturb tenants. Owner / Agent

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

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 2 bed houses for sale in/near Memphis, United States averaged $180,817, an increase of 7.6% 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.