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$74,500

1461 N Merton St Memphis, TN 38108

3 beds
2 full
0.1 acres
House

Property details

About 1461 N Merton St

This spacious 1,600 sq ft, 3-bedroom, 2-bath home has solid potential and recent updates, including new flooring and subflooring installed in 2022. With a few improvements, the layout could easily support a 4-bedroom, 2-bath configuration—adding even more value and versatility. Currently tenant-occupied — no showings until an accepted offer. A great opportunity for investors looking to expand their portfolio or buyers seeking a property with room to grow. Don’t miss out on this one!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
Lot size0.13 Acres
Year built1951
ParkingDriveway/Pad
MLS #10201392

Summary

  • Full Bathrooms: 2
  • Appliances: Range, Oven
  • Flooring Type: Part Carpet
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Iron Fence
  • Architectural Style: Traditional
  • Heating: Natural Gas
  • Cooling: Window Unit(s)
  • List Price: $74,500
  • Annual Tax Amount: $453
  • Tax Year: 2024
  • Lot: Level, Fencing
  • Directions: I-40 E to Chelsea Avenue, Exit 2, Right on Chelsea Avenue, Left on N Merton St. , Home is on the left.
  • Year Built: 1951
  • Stories: 1
  • Lot Size: 0.13 Acres
  • MLS Number: 10201392
  • Office Name: BHHS Taliesyn Realty

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: 7/17/2025, 6:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 08, 2022
Home Sold
$52,000
Oct 29, 2021
Home Sold
$86,000
Dec 22, 2020
Home Sold
$69,000
May 08, 2019
Home Sold
$24,000
Mar 30, 2006
Home Sold
$13,500
Dec 17, 2001
Home Sold
$39,900
Aug 15, 2000
Home Sold
$15,000
Dec 23, 1998
Home Sold
$28,000

Tax history

YearAssessmentProperty Tax
2024$7,450$453
2023$7,450$453
2022$7,450$459
2021$7,450$459
2020$6,100$442
2019$6,100$442
2018$6,100$250
2017$6,100$284

History based on county public records data.

Nearby schools

4

Promise Academy

Public Charter KG-5

0.2 mi

1346 Bryan St

4

Kipp Memphis Academy Elementary School

Public Charter PK-4

0.6 mi

2248 Shannon Ave

5

Springdale Elementary School

Public Magnet PK-5

1.1 mi

880 N Hollywood 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 $12,045. 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?

86%
<35k
8%
35k-100k
6%
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?

44%
Single, No Kids
44%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

30%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
26%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NBA/WNBANBA/WNBA
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • StarbucksStarbucks
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • KiaKia

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 1461 N Merton St

The listing price of 1461 N Merton St property is $74,500.

The property 1461 N Merton St is a house located in Memphis, Tennessee, 38108.

Active Listing: 1461 N Merton St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1461 N Merton St are: Promise Academy (GreatSchools Rating 4/10), Kipp Memphis Academy Elementary School (GreatSchools Rating 4/10), Springdale Elementary School (GreatSchools Rating 5/10), Kipp Memphis Middle Academy (GreatSchools Rating 3/10), Douglass School (GreatSchools Rating 3/10), Snowden School (GreatSchools Rating 3/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10), Douglass High School (GreatSchools Rating 2/10), Memphis Academy of Health Sciences High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $453 (source: MLS/based on county public records data).

The last sale was on March 8, 2022 for $52,000 (source: MLS/tax record).

The property at 1461 N Merton St has 3 bedrooms and 2 bathrooms.

The year of construction for 1461 N Merton St is 1951.

This home is located at 1461 N Merton St in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $74,500.

While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. Between May and June 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.9%. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $224,900.

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

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