$135,000

123 E Fernwood Ave Memphis, TN 38109

$1,603
Closing credit¹
3 beds
1 full, 1 partial
0.2 acres
House

Property details

About 123 E Fernwood Ave

Beautiful home on a quiet street in South Memphis. Seller would prefer a cash or conventional loan offer. This house was renovated within the last year. Its a 3 bedroom and 1.5 bathroom house. Home has been completely renovated.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.18 Acres
Year built1947
ParkingDriveway/Pad
MLS #10188031

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Flooring Type: Hardwood Throughout
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Other
  • Cooling: Other
  • List Price: $135,000
  • Annual Tax Amount: $566
  • Tax Year: 2024
  • Lot: Level
  • Directions: From S. Third St, Fernwood is the first right/west turn past the Shopping Plaza past Belz Blvd.
  • Year Built: 1947
  • Stories: 1
  • Lot Size: 0.18 Acres
  • MLS Number: 10188031
  • Office Name: The Bailey Company Realty, Inc

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: 5/23/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

123 E Fernwood Ave, Memphis, TN 38109 - bungalow featuring a front yard

$135,000

123 E Fernwood Ave

$1,603

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

YearAssessmentProperty Tax
2024$9,300$566
2023$9,300$566
2022$9,300$573
2021$9,300$573
2020$8,950$648
2019$8,950$648
2018$8,950$367
2017$8,950$408

History based on county public records data.

Nearby schools

2

Vision Preparatory Charter School

Public Charter KG-5

0.8 mi

260 Joubert Ave

3

Alton Elementary School

Public District PK-5

0.9 mi

2020 Alton Ave

3

A. B. Hill Elementary School

Public District PK-5

1.3 mi

345 E 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. Typical income of Memphis, TN residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

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 123 E Fernwood Ave

The listing price of 123 E Fernwood Ave property is $135,000.

The property 123 E Fernwood Ave is a house located in Memphis, Tennessee, 38109.

Active Listing: 123 E Fernwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 123 E Fernwood Ave are: Vision Preparatory Charter School (GreatSchools Rating 2/10), Alton Elementary School (GreatSchools Rating 3/10), A. B. Hill Elementary School (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 $566 (source: MLS/based on county public records data).

The property at 123 E Fernwood Ave has 3 bedrooms and 1 full and 1 half bathrooms.

The year of construction for 123 E Fernwood Ave is 1947.

This home is located at 123 E Fernwood Ave in Memphis, TN and zip code 38109 in the Mallory Heights neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $135,000.

Over 51 listings were sold over their listed price in April 2025 in Memphis, TN. In the same period over 223 listings were sold below the listed price and 116 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 13.8% between March and April 2025.

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

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