1 day on Rocket
$618 Closing Credit¹
#10199880, Listing office: Fast Track Realty, LLC
$39,950 List price
1480 Locust St Memphis, TN 38108
$474
Closing credit¹
2 beds
1 full
0.10 acres
House
Property details
About 1480 Locust St
2 bedroom 1 bath home, new interior paint. Good size fenced backyard! New interior paint March 2025; $15,000 spent on fence and deck in 2024; quartz countertops, bath vanity tile and toilet updated 2023. Needs some TLC, ready for investor. Home is near local bus stop.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
Lot size0.1 Acres
Year built1954
ParkingDriveway/Pad
MLS #10192574
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Self Cleaning Oven, Gas Range, Dishwasher, Refrigerator, Washer, Dryer
- Flooring Type: Wood Laminate Floors, Tile
- Total Bedroom Count: 2
- Parking: Driveway/Pad
- Exterior: Porch, Patio
- Architectural Style: Traditional
- Heating: Natural Gas
- Cooling: Window Unit(s)
- List Price: $39,950
- Annual Tax Amount: $443
- Tax Year: 2024
- Lot: Level, Fencing
- Directions: South on Locust
- Year Built: 1954
- Stories: 1
- Lot Size: 0.1 Acres
- MLS Number: 10192574
- Office Name: NextHome Cornerstone 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: 6/27/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$39,950
1480 Locust St
$474
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 08, 2023 | Home Sold | $58,500 |
| Oct 19, 2022 | Home Sold | $28,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $7,275 | $443 |
| 2023 | $3,975 | $242 |
| 2022 | $3,975 | $244 |
| 2021 | $3,975 | $244 |
| 2020 | $3,150 | $228 |
| 2019 | $3,150 | $228 |
| 2018 | $3,150 | $129 |
| 2017 | $3,150 | $143 |
History based on county public records data.
Nearby schools
4
Promise Academy
Public Charter KG-5
0.9 mi
•1346 Bryan St
5
Treadwell Elementary School
Public Magnet PK-5
1.4 mi
•3538 Given Ave
5
Springdale Elementary School
Public Magnet PK-5
1.4 mi
•880 N Hollywood 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 $22,426. The majority of Memphis, TN residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
72%
<35k
21%
35k-100k
7%
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?
60%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing- UFC
Where do the neighbors shop?
Big Lots
Burlington
Family Dollar
Where do the neighbors go to eat?
Golden Corral
Popeyes
Burger King
What do the neighbors drive?
Kia
Dodge
Buick
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1480 Locust St
The listing price of 1480 Locust St property is $39,950.
The property 1480 Locust St is a house located in Memphis, Tennessee, 38108.
Active Listing: 1480 Locust St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1480 Locust St are: Promise Academy (GreatSchools Rating 4/10), Treadwell Elementary School (GreatSchools Rating 5/10), Springdale Elementary School (GreatSchools Rating 5/10), Douglass School (GreatSchools Rating 3/10), Treadwell Middle School (GreatSchools Rating 4/10), Kipp Memphis Middle Academy (GreatSchools Rating 3/10), Douglass High School (GreatSchools Rating 2/10), Memphis Academy of Health Sciences High School (GreatSchools Rating 2/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $443 (source: MLS/based on county public records data).
The last sale was on September 8, 2023 for $58,500 (source: MLS/tax record).
The property at 1480 Locust St has 2 bedrooms and 1 bathroom.
The year of construction for 1480 Locust St is 1954.
This home is located at 1480 Locust St in Memphis, TN and zip code 38108 in the Douglas / Bungalow / Crump neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $39,950.
Over 70 listings were sold over their listed price in May 2025 in Memphis, TN. In the same period over 263 listings were sold below the listed price and 110 listings were sold for the listed price. 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.