$344 Closing Credit¹
#70507507, Chet Polniazek, Listing Office: 1st Texas Realty Services
$23,000 List price
1225 Merchant St Memphis, TN 38108
$273
Closing credit¹
2 beds
1 full
0.1 acres
House
Property details
About 1225 Merchant St
BACK ON MARKET - Seller recently made several updates to make the property structurally sound again. This property still in need of a full cosmetic rehab and could be a great flip opportunity as well as a profitable rental investment. Walking distance to parks as well as close interstate access. Please do all due diligence and inspections before presenting an offer. Seller recently put on a brand new roof. Call Broker Bay for showing appointments and listing agent with any questions.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.11 Acres
Year built1946
ParkingOther (See REMARKS)
MLS #10168859
WaterfrontOther
Summary
- MLS Number: 10168859
- Office Name: Weichert, REALTORS-BenchMark
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: 3/6/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$23,000
1225 Merchant St
$273
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,650 | $344 |
| 2023 | $5,650 | $344 |
| 2022 | $5,650 | $348 |
| 2021 | $5,650 | $348 |
| 2020 | $4,700 | $340 |
| 2019 | $4,700 | $340 |
| 2018 | $4,700 | $193 |
| 2017 | $4,700 | $206 |
History based on county public records data.
Nearby schools
2
Vollentine Elementary School
Public Magnet PK-5
0.5 mi
•1682 Vollintine Ave
4
Kipp Memphis Academy Elementary School
Public Charter PK-4
1.3 mi
•2248 Shannon Ave
3
Memphis Scholars Caldwell-Guthrie (ASD)
Public Charter PK-5
1.4 mi
•951 Chelsea Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,197. 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. Most residents in this area have high school diploma education.
How much money do the neighbors make?
85%
<35k
14%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
27%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Cicis Pizza
What do the neighbors drive?
Buick
Kia
Pontiac
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1225 Merchant St
This home is located at 1225 Merchant St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $23,000.
Over 57 listings were sold over their listed price in February 2025 in Memphis, TN. In the same period over 205 listings were sold below the listed price and 73 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between January and February 2025 increased by 13.5%. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.