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$85,000

112 E Fernwood Ave Memphis, TN 38109

2 beds
1 full
0.2 acres
House

Property details

About 112 E Fernwood Ave

Investor Special! Priced to sell with tenant in place. Tenant pays $945 and leased through August 2026. Home is professionally managed. HVAC 2021, roof 10 years old, and HWH 2020. Call listing agent for details. Need offer before view. Do not disturb tenants!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.18 Acres
Year built1947
ParkingDriveway/Pad
MLS #10202234

Summary

  • Full Bathrooms: 1
  • Flooring Type: Part Hardwood
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $85,000
  • Annual Tax Amount: $488
  • Tax Year: 2024
  • Lot: Level
  • Directions: I 55 to Highway 51. Drive North. Left onto Fernwood. Home on right.
  • Year Built: 1947
  • Stories: 1
  • Lot Size: 0.18 Acres
  • MLS Number: 10202234
  • Office Name: CB Properties of Memphis, 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: 7/29/2025, 5:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 08, 2021
Home Sold
$62,500
Oct 16, 2007
Home Sold
$17,500
Jan 30, 2004
Home Sold
$54,000
Oct 16, 2003
Home Sold
$19,500

Tax history

YearAssessmentProperty Tax
2024$8,025$488
2023$8,025$488
2022$8,025$217
2021$8,025$217
2020$7,725$559
2019$7,725$559
2018$7,725$317
2017$7,725$352

History based on county public records data.

Nearby schools

2

Vision Preparatory Charter School

Public Charter KG-5

0.7 mi

260 Joubert Ave

3

Alton Elementary School

Public District PK-5

0.9 mi

2020 Alton Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

1.3 mi

90 W Olive Ave

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 $31,167. Residents of Memphis, TN typically earn less than $<35k each year. 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?

54%
<35k
38%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

55%
Single, No Kids
33%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 112 E Fernwood Ave

The listing price of 112 E Fernwood Ave property is $85,000.

The property 112 E Fernwood Ave is a house located in Memphis, Tennessee, 38109.

Active Listing: 112 E Fernwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 112 E Fernwood Ave are: Vision Preparatory Charter School (GreatSchools Rating 2/10), Alton Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Riverview School (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), Carver College and Career Academy (GreatSchools Rating 1/10), Soulsville Charter School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $488 (source: MLS/based on county public records data).

The last sale was on October 8, 2021 for $62,500 (source: MLS/tax record).

The property at 112 E Fernwood Ave has 2 bedrooms and 1 bathroom.

The year of construction for 112 E Fernwood Ave is 1947.

This home is located at 112 E Fernwood Ave in Memphis, TN and zip code 38109 in the Mallory Heights neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $85,000.

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

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

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