$1,473 Closing Credit¹
#10191418, Listing Office: J Hunter Realty
$118,000 List price
1243 Newark Ave Memphis, TN 38106
$1,401
Closing credit¹
3 beds
1 full
0.2 acres
House
Property details
About 1243 Newark Ave
~Beautiful house 3 bedrooms 1 bath ~ Ready to move in ~ New HVAC ~ New floors ~ New water heater ~ ~ Accessible big backyard ~ Come see this home today!!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.24 Acres
Year built1952
ParkingDriveway/Pad
MLS #10194819
Summary
- Full Bathrooms: 1
- Flooring Type: Hardwood Throughout
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Wrought Iron Security Drs
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $118,000
- Annual Tax Amount: $435
- Tax Year: 2024
- Lot: Level
- Directions: I-240S to exit 26/Norris Rd, make a left. Go to Pratt St and make a right. Home sits on the corner of Newark and Pratt.
- Year Built: 1952
- Stories: 1
- Lot Size: 0.24 Acres
- MLS Number: 10194819
- Office Name: Keller Williams
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, 9:20:30 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
$118,000
1243 Newark Ave
$1,401
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 23, 2021 | Home Sold | $38,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $7,150 | $435 |
| 2023 | $7,150 | $435 |
| 2022 | $7,150 | $440 |
| 2021 | $7,150 | $440 |
| 2020 | $6,950 | $503 |
| 2019 | $6,950 | $503 |
| 2018 | $6,950 | $285 |
| 2017 | $6,950 | $288 |
History based on county public records data.
Nearby schools
3
Memphis College Preparatory
Public Charter KG-5
0.9 mi
•1500 Dunn Ave
5
Alcy Elementary School
Public District PK-5
1.0 mi
•1750 E Alcy Rd
3
Alton Elementary School
Public District PK-5
1.4 mi
•2020 Alton 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 $25,694. Most Memphis, TN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
60%
<35k
27%
35k-100k
13%
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?
55%
Single, No Kids
20%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$1,532 Closing Credit¹
#10193177, Listing Office: Renshaw Company, REALTORS
$1,069 Closing Credit¹
#10194786, Listing Office: Assured Real Estate Services
$1,390 Closing Credit¹
#10196704, Listing Office: Foundation Property Management
$1,009 Closing Credit¹
#10187599, Listing Office: Keller Williams
$1,127 Closing Credit¹
#10195170, Listing Office: United Real Estate Mid South
$855 Closing Credit¹
#10183799, Listing Office: Crye-Leike, Inc., REALTORS
$1,841 Closing Credit¹
#10195573, Listing Office: Keller Williams
$819 Closing Credit¹
#4111487, Petra W Jones, Listing Office: Kaizen Realty
$819 Closing Credit¹
#10195218, Listing Office: KAIZEN Realty, LLC
Frequently asked questions
About 1243 Newark Ave
The listing price of 1243 Newark Ave property is $118,000.
The property 1243 Newark Ave is a house located in Memphis, Tennessee, 38106.
Active Listing: 1243 Newark Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1243 Newark Ave are: Memphis College Preparatory (GreatSchools Rating 3/10), Alcy Elementary School (GreatSchools Rating 5/10), Alton Elementary School (GreatSchools Rating 3/10), Veritas College Preparatory (GreatSchools Rating 4/10), Cummings School (GreatSchools Rating 4/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Hamilton High School (GreatSchools Rating 1/10), Soulsville Charter School (GreatSchools Rating 3/10), Memphis Virtual School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $435 (source: MLS/based on county public records data).
The last sale was on November 23, 2021 for $38,000 (source: MLS/tax record).
The property at 1243 Newark Ave has 3 bedrooms and 1 bathroom.
The year of construction for 1243 Newark Ave is 1952.
This home is located at 1243 Newark Ave in Memphis, TN and zip code 38106 in the Sixty Point Ward neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $118,000.
While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. Between March and April 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.8%.
From Rocket Homes Real Estate and based on county public records data.