$389,000

1423 Down River Dr Memphis, TN 38103

$4,619
Closing credit¹
3 beds
2 full, 1 partial
0.07 acres
House

Property details

About 1423 Down River Dr

This beautifully maintained 3-bedroom, 2-bathroom home offers approximately 1,900 square feet of comfortable living space in a highly desirable location. Nestled on a quiet street, this home features a fantastic floor plan, providing the perfect blend of open-concept living and cozy private spaces. A home inspection has already been completed, and all necessary repairs have been taken care of—giving you peace of mind! Inspection reports and repair receipts are available for buyer review. Don't miss this opportunity to save money and move right into a turnkey home in a great location! Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
BasementYes
Lot size0.07 Acres
Year built2007
ParkingBack-Load Garage,Designated Guest Parking
MLS #10192713
FireplaceGas Logs, Gas Starter, In Den/Great Room, Prefabricated
ViewOther

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Range, Oven, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s)
  • Fireplace: Gas Logs, Gas Starter, In Den/Great Room, Prefabricated
  • Total Bedroom Count: 3
  • Parking: Back-Load Garage,Designated Guest Parking
  • View: Other
  • Exterior: Patio
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $389,000
  • Annual Tax Amount: $4,719
  • Tax Year: 2024
  • Lot: Landscaped, Level, Few Trees, Fencing
  • Directions: Downtown Over Harbor Town Bridge, Right at CIRCLE to Island Dr., Right on Island Place, Wind down to the end and Right on River Point, In toRIVERPOINT Sub. down to Right on Down River, House on your Right
  • Year Built: 2007
  • Stories: 2
  • Lot Size: 0.07 Acres
  • MLS Number: 10192713
  • Office Name: The Firm

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: 6/5/2025, 8:45:29 AM 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

1423 Down River Dr, Memphis, TN 38103 - view of front of property featuring a balcony, ceiling fan, and a porch

$389,000

1423 Down River Dr

$4,619

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 07, 2020
Home Sold
$288,000
Nov 06, 2007
Home Sold
$255,430

Tax history

YearAssessmentProperty Tax
2024$77,475$4,719
2023$77,475$4,719
2022$77,475$4,774
2021$77,475$4,774
2020$60,350$4,372
2019$60,350$4,372
2018$60,350$2,480
2017$60,350$2,376

History based on county public records data.

Nearby schools

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

1.0 mi

230 Henry Ave

3

Memphis Scholars Caldwell-Guthrie (ASD)

Public Charter PK-5

1.5 mi

951 Chelsea Ave

3

Downtown Elementary School

Public Magnet PK-5

2.4 mi

10 N 4th St

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 $43,413. The majority of Memphis, TN residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

41%
<35k
35%
35k-100k
13%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
3%
Single, with Kids
20%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
64%
18-34 yrs old
25%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • SonicSonic
  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • InfinitiInfiniti
  • PontiacPontiac
  • AudiAudi

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1423 Down River Dr

The listing price of 1423 Down River Dr property is $389,000.

The property 1423 Down River Dr is a house located in Memphis, Tennessee, 38103.

Active Listing: 1423 Down River Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1423 Down River Dr are: Kipp Memphis Collegiate Elementary School (GreatSchools Rating 3/10), Memphis Scholars Caldwell-Guthrie (ASD) (GreatSchools Rating 3/10), Downtown Elementary School (GreatSchools Rating 3/10), Kipp Memphis Collegiate Middle School (GreatSchools Rating 5/10), Humes Preparatory Academy (ASD) (GreatSchools Rating 4/10), Believe Memphis Academy Charter School (GreatSchools Rating 3/10), Manassas High School (GreatSchools Rating 2/10), Pathways in Education - Tn (GreatSchools Rating 1/10), Crosstown High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $4,719 (source: MLS/based on county public records data).

The last sale was on May 7, 2020 for $288,000 (source: MLS/tax record).

The property at 1423 Down River Dr has 3 bedrooms and 2 full and 1 half bathrooms.

The year of construction for 1423 Down River Dr is 2007.

This home is located at 1423 Down River Dr in Memphis, TN and zip code 38103 in the Harbortown / Mud Island neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $389,000.

In May 2025 more than 70 listings in Memphis, TN were sold above the asking price. During the same period more than 110 listings were sold at asking price, while more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. The median list price of listings available in May 2025 was $220,000, while the average time on the real estate market was 10 days.

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

More resources