$130,300

1262 Prescott St Memphis, TN 38111

$1,547
Closing credit¹
3 beds
2 full
0.4 acres
House

Property details

About 1262 Prescott St

Located in the Barron Manor Neighborhood Association, spacious home on a nearly ½-acre corner lot offers a prime value-add opportunity for renovation. Well-established area, this property is surrounded by large brick homes & provides easy access to major destinations—just 1.3 miles from the University of Memphis, 5 miles to the Medical District, & approximately 18 minutes (7 miles) to FedEx Forum. Quick highway access (2 miles away),highly convenient. Nearly 2,400 sq. ft. of living space 2 beds & 1 bath downstairs, plus a large bedroom & additional full bath upstairs. A bonus room can be converted into a 4th bed, & there's also an expandable large bonus or bed w/ spacious attic closets for additional storage. Inside, you'll find real hardwood floors, a separate living room, dining room, & den, along w/ a fireplace, large fenced-in backyard, workshop/storage & an oversized rear patio, 2-car garage, central HVAC, comps over $200k, must close within 2 weeks. Video walkthrough!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size0.4 Acres
Year built1947
ParkingStorage Room(s),Workshop(s),Side-Load Garage, Garage
MLS #10191231
FireplaceVentless Gas Fireplace
ViewTrees/Woods

Virtual tour

Summary

  • MLS Number: 10191231
  • Office Name: Integrated Assets

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, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of street with sidewalks

$130,300

1262 Prescott St

$1,547

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Sherwood Elementary School

Public Magnet PK-5

0.6 mi

1156 Robin Hood Ln

4

Cherokee Elementary School

Public District PK-5

0.7 mi

3061 Kimball Ave

3

Sharpe Elementary School

Public District PK-5

0.8 mi

3431 Sharpe 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 $55,603. The most common annual income of people living in Memphis, TN is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
57%
35k-100k
16%
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?

41%
Single, No Kids
30%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Horse RacesHorse Races
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1262 Prescott St

This home is located at 1262 Prescott St in Memphis, TN and zip code 38111 in the Sherwood Forest neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $130,300.

While more than 57 listings in Memphis, TN in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 205 were sold below. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. 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.

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