$89,900

1471 Wabash Ave Memphis, TN 38106

$1,068
Closing credit¹
2 beds
1 full
0.09 acres
House

Property details

About 1471 Wabash Ave

ANOTHER GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO! Rented for $850/month to a stable long-term tenant with a solid payment history. Tenant moved in 7/1/2024. Lease renews 6/30/2025. Home was completely renovated in July 2021 including – brand new roof, HVAC, water heater, cosmetic upgrades, and more! Priced well below similar investment properties. Professionally managed, do not disturb tenant. No wholesalers, no assignments, no creative financing or owner financing. Tenant ledger and maintenance report available upon request.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.09 Acres
Year built1932
ParkingDriveway/Pad
MLS #10192906

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: $89,900
  • Annual Tax Amount: $869
  • 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. Turn right onto Silver St. Turn left at the 2nd cross street onto Wabash Ave.
  • Year Built: 1932
  • Stories: 1
  • Lot Size: 0.09 Acres
  • MLS Number: 10192906
  • 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: 5/17/2025, 7:20:29 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 front of home featuring covered porch and brick siding

$89,900

1471 Wabash Ave

$1,068

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 02, 2021
Home Sold
$96,000

Tax history

YearAssessmentProperty Tax
2024$14,275$869
2023$14,275$869
2022$14,275$400
2021$6,500$400
2020$6,500$470
2019$6,500$470
2018$6,500$267
2017$6,500$297

History based on county public records data.

Nearby schools

3

Memphis College Preparatory

Public Charter KG-5

0.6 mi

1500 Dunn Ave

5

Circles of Success Learning Academy

Public Charter KG-5

1.2 mi

867 S Parkway E

4

Rozelle Elementary School

Public Magnet PK-5

1.2 mi

993 Roland 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 $33,491. Residents of Memphis, TN typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

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 RacingNHRA Drag Racing
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1471 Wabash Ave

The listing price of 1471 Wabash Ave property is $89,900.

The property 1471 Wabash Ave is a house located in Memphis, Tennessee, 38106.

Active Listing: 1471 Wabash Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1471 Wabash Ave are: Memphis College Preparatory (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Rozelle Elementary School (GreatSchools Rating 4/10), 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 $869 (source: MLS/based on county public records data).

The last sale was on December 2, 2021 for $96,000 (source: MLS/tax record).

The property at 1471 Wabash Ave has 2 bedrooms and 1 bathroom.

The year of construction for 1471 Wabash Ave is 1932.

This home is located at 1471 Wabash 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 March 27, 2025 and is currently priced at $89,900.

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. The inventory of homes for sale in Memphis, TN between March and April 2025 increased by 13.8%.

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

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