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Image 1 - 1468 May St, Memphis, Tennessee, 38108 - House for sale
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May St, Memphis, Home For Sale
1468 May St, Memphis, Tennessee, 38108

May St, Memphis, Home For Sale

house for sale
Listed: 07/01/24

1468 May St, Memphis, Tennessee, 38108

3 Bed:
1.5 Bath:
Save
Price
$ 118,500
Price:  Lower

About This House

Fully renovated income producing property near downtown Memphis. This home has 3 bedrooms and an extra room that could be used as a bedroom in the future. It is currently rented out for $1200/month. Do not approach tenant. Home is in excellent condition. Seller has two other properties that they will sell in a bundle or individually, 888 Pearce St and 1576 Maplewood St.

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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 June 2024, the asking price for 3 bed houses for sale in/near Memphis, United States averaged $214,876, a decrease of 7.2% from the previous month.
Median price trends for properties for sale in Memphis, United States as of June 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.