#10197556, Listing office: Renshaw Company, REALTORS
Property details
About 1372 S Ave
Attention Investors! Turnkey Rental Property with Long-Term Tenant Excellent opportunity to add a professionally managed, income-producing property to your rental portfolio. Currently leased at $750/month to a long-term tenant in place since 2022. Lease valid through April 30, 2026. Fully renovated in 2022, including new roof, HVAC, water heater, updated plumbing and electrical systems, and refreshed interior finishes. All major systems have been addressed, offering low maintenance and steady cash flow from day one. Tenant ledger and maintenance history available upon request. Please do not disturb the tenant.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.12 Acres
Year built1952
ParkingDriveway/Pad
MLS #10202483
Summary
- Full Bathrooms: 1
- Flooring Type: Part Carpet
- Total Bedroom Count: 2
- Parking: Driveway/Pad
- Exterior: Patio
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $85,000
- Annual Tax Amount: $686
- Tax Year: 2024
- Lot: Level
- Directions: Get on I-240 W. Take exit 23A to merge onto Airways Blvd. Turn left onto Dunn Ave. Turn right onto Hays Rd. Turn left onto E Person Ave. Slight right onto Wilson St. Turn right onto South Ave.
- Year Built: 1952
- Stories: 1
- Lot Size: 0.12 Acres
- MLS Number: 10202483
- 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
| Date | Event | Price |
|---|---|---|
| May 27, 2022 | Home Sold | $90,600 |
| Jan 06, 2022 | Home Sold | $20,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $11,275 | $686 |
| 2023 | $11,275 | $686 |
| 2022 | $5,775 | $355 |
| 2021 | $5,775 | $355 |
| 2020 | $5,775 | $418 |
| 2019 | $5,775 | $418 |
| 2018 | $5,775 | $237 |
| 2017 | $5,775 | $263 |
History based on county public records data.
Nearby schools
3
Memphis College Preparatory
Public Charter KG-5
0.7 mi
•1500 Dunn Ave
5
Circles of Success Learning Academy
Public Charter KG-5
1.0 mi
•867 S Parkway E
3
Memphis Delta Preparatory
Public Charter KG-5
1.0 mi
•1237 College St
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 $33,491. Most Memphis, TN residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
46%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
7%
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
20%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1372 S Ave
The listing price of 1372 S Ave property is $85,000.
The property 1372 S Ave is a house located in Memphis, Tennessee, 38106.
Active Listing: 1372 S Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1372 S Ave are: Memphis College Preparatory (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Veritas College Preparatory (GreatSchools Rating 4/10), Cummings School (GreatSchools Rating 4/10), Bellevue Middle School (GreatSchools Rating 5/10), Hamilton High School (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 $686 (source: MLS/based on county public records data).
The last sale was on May 27, 2022 for $90,600 (source: MLS/tax record).
The property at 1372 S Ave has 2 bedrooms and 1 bathroom.
The year of construction for 1372 S Ave is 1952.
This home is located at 1372 S Ave in Memphis, TN and zip code 38106 in the Orange Mound neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $85,000.
In July 2025 more than 67 listings in Memphis, TN were sold above the asking price. During the same period more than 113 listings were sold at asking price, while more than 270 were sold below. The number of listings in Memphis, TN increased by 9.5% between June and July 2025. The median list price of listings available in July 2025 was $212,210, while the average time on the real estate market was 114 days.
From Rocket Homes Real Estate and based on county public records data.