Redfin is joining Rocket

Discover how we're simplifying your journey home.

$625,000

1034 Patton St Memphis, TN 38106

Multi-Family

Property details

About 1034 Patton St

Investment Opportunity – Rental Property Package – $1,483,000 Being sold as a package! Total Price: $1,483,000 This portfolio includes: One 10-Unit Apartment Complex for $625,000 9 Single Family Homes at $78,000 each 2 Condos at $78,000 each All Single Family Homes and Condos are currently rented — instant cash flow! Package Includes: 3718 Denver St 2574 Sunny Hill Dr 1052 Seattle St 1403 Rayner St 3707 Orland St 2292 Warren St 931 Maxey St 1439 Oriole St 1715 Graggland 3224 S. Mendenhall Rd Unit 1A and 4B 10-Unit Apartment Complex: 1034 Patton St Only can be sold as a package deal. No wholesalers and no assignments.

Highlights

Home typeMulti Family
HeatingCentral, Other
StatusActive
CoolingCentral Air, Other
BasementYes
Year built1964
ParkingConcrete
MLS #10197765

Summary

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Other (See Remarks)
  • Parking: Concrete
  • Heating: Central, Other
  • Cooling: Central Air, Other
  • List Price: $625,000
  • Annual Tax Amount: $6,698
  • Tax Year: 2024
  • Directions: Turn right on Patton st
  • Year Built: 1964
  • Stories: 2
  • MLS Number: 10197765
  • Office Name: eXp Realty, LLC

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 10, 2022
Home Sold
$375,000
Nov 12, 2020
Home Sold
$300,000
Jun 18, 2015
Home Sold
$90,000
Oct 13, 2009
Home Sold
$12,000
Dec 07, 2006
Home Sold
$150,000
Sep 16, 2004
Home Sold
$100,000
Sep 10, 2001
Home Sold
$115,000
Apr 11, 2001
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2024$109,960$6,698
2023$109,960$6,698
2022$109,960$6,776
2021$109,960$6,776
2020$32,400$2,347
2019$32,400$2,347
2018$32,400$1,331
2017$32,400$1,657

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.6 mi

345 E Olive Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

1.0 mi

90 W Olive Ave

3

Memphis Delta Preparatory

Public Charter KG-5

1.3 mi

1237 College St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,981. The most common annual income of people living in Memphis, TN is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

66%
<35k
29%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
29%
Single, with Kids
4%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1034 Patton St

The listing price of 1034 Patton St property is $625,000.

The property 1034 Patton St is a multi located in Memphis, Tennessee, 38106.

Active Listing: 1034 Patton St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1034 Patton St are: A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Soulsville Charter School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $6,698 (source: MLS/based on county public records data).

The last sale was on May 10, 2022 for $375,000 (source: MLS/tax record).

The year of construction for 1034 Patton St is 1964.

This home is located at 1034 Patton St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $625,000.

In June 2025 more than 73 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 219 were sold below. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.

From Rocket Homes Real Estate and based on county public records data.

More resources