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$70,000

1194 Latham St Memphis, TN 38106

2 beds
1 full
0.1 acres
House

Property details

About 1194 Latham St

Attention Investors! Don’t miss this turnkey investment opportunity with a tenant already in place. This well-maintained home features 2 bedrooms, 1 bathroom, a cozy living room, and a functional kitchen. Recent updates include a new roof (2022), new flooring in the kitchen and bathroom, new kitchen cabinets, and a newly updated waterline. The property also boasts a large fenced-in backyard, perfect for added tenant appeal. Currently rented for $750/month, this income-producing property is a solid addition to any portfolio.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWindow Unit(s)
Lot size0.13 Acres
Year built1900
ParkingDriveway/Pad
MLS #10202449

Summary

  • Full Bathrooms: 1
  • Appliances: Cooktop
  • Flooring Type: Part Hardwood, Tile
  • Interior: Other (See REMARKS)
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Exterior: Other (See REMARKS)
  • Architectural Style: Traditional
  • Heating: Other
  • Cooling: Window Unit(s)
  • List Price: $70,000
  • Annual Tax Amount: $415
  • Tax Year: 2024
  • Lot: Level
  • Directions: From south Parkway Turn left onto E McLemore Ave, Turn left onto Willoughby St. Turn right onto Simpson Ave, then on to Latham St.
  • Year Built: 1900
  • Stories: 1
  • Lot Size: 0.13 Acres
  • MLS Number: 10202449
  • Office Name: KAIZEN 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: 8/3/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$6,825$415
2023$6,825$415
2022$6,825$420
2021$6,825$420
2020$6,900$499
2019$6,900$499
2018$6,900$283
2017$6,900$292

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.3 mi

345 E Olive Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

0.9 mi

90 W Olive Ave

5

Circles of Success Learning Academy

Public Charter KG-5

1.2 mi

867 S Parkway E

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 $14,072. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

82%
<35k
18%
35k-100k
0%
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
27%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
18%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

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

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Frequently asked questions

About 1194 Latham St

The listing price of 1194 Latham St property is $70,000.

The property 1194 Latham St is a house located in Memphis, Tennessee, 38106.

Active Listing: 1194 Latham St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1194 Latham St are: A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), Riverview School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Soulsville Charter School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $415 (source: MLS/based on county public records data).

The property at 1194 Latham St has 2 bedrooms and 1 bathroom.

The year of construction for 1194 Latham St is 1900.

This home is located at 1194 Latham St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $70,000.

In July 2025, from all listings sold in Memphis, TN there were more than 67 sold above asking price, over 270 sold below and more than 113 were sold right at the asked price. The number of homes for sale in Memphis, TN increased by 9.5% between June and July 2025. In July 2025 median list price was $212,210 and the average listing age was 114 days.

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

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