$1,547

closing credit¹

1163 Gerard St Memphis, TN 38107

$130,250
3 beds
1 full
0.2 acres
House

Property details

About 1163 Gerard St

This 3-bedroom, 1-abthroom home offers a functional layout with a spacious living area and well-sized bedrooms. The property features a spacious backyard and is conveniently located near schools, shopping, and major transportation routes. A great opportunity for homeowners or investors.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.24 Acres
Year built1940
ParkingDriveway/Pad
MLS #10186605

Summary

  • MLS Number: 10186605
  • Office Name: Foundation Property Management

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: 2/6/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a front yard

$130,250

1163 Gerard St

$1,547

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 09, 2024
Home Sold
$74,750
Aug 05, 2024
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2024$5,200$316
2023$5,200$316
2022$5,200$320
2021$5,200$320
2020$4,100$297

History based on county public records data.

Nearby schools

3

Memphis Scholars Caldwell-Guthrie (ASD)

Public Charter PK-5

0.4 mi

951 Chelsea Ave

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

1.2 mi

230 Henry Ave

2

Vollentine Elementary School

Public Magnet PK-5

1.2 mi

1682 Vollintine 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 $30,846. Typical income of Memphis, TN residents is less than $<35k annually. 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?

56%
<35k
34%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

59%
Single, No Kids
30%
Single, with Kids
6%
Married, No Kids
5%
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
22%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

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
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

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 1163 Gerard St

This home is located at 1163 Gerard St in Memphis, TN and zip code 38107 in the New Chicago neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $130,250.

Memphis, TN housing market in January 2025 saw over 33 listings sold above listed price, more than 72 sold at listed price and over 166 sold below. In January 2025 in Memphis, TN there were 11.7% more homes for sale than in December.

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

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