#10197568, Listing office: Foundation Property Management
Property details
About 1502 Mary Jane Ave
Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingWindow Unit(s)
Lot size0.2 Acres
Year built1963
ParkingDriveway/Pad
MLS #10191667
Summary
- Full Bathrooms: 1
- Flooring Type: Part Carpet
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Wrought Iron Security Drs
- Architectural Style: Traditional
- Heating: Central
- Cooling: Window Unit(s)
- List Price: $130,000
- Annual Tax Amount: $1,093
- Tax Year: 2024
- Lot: Few Trees
- Directions: At the intersection of Holmes and Whitworth head South on Whitworth, then head East on Mary Jane, and the home is located on the north side of Mary Jane.
- Year Built: 1963
- Stories: 1
- Lot Size: 0.2 Acres
- MLS Number: 10191667
- Office Name: Keller Williams
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, 6:45:28 PM 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 |
|---|---|---|
| Aug 10, 2020 | Home Sold | $60,000 |
| Feb 24, 2014 | Home Sold | $59,900 |
| Jul 24, 2013 | Home Sold | $26,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $17,950 | $1,093 |
| 2023 | $17,950 | $1,093 |
| 2022 | $17,950 | $1,106 |
| 2021 | $17,950 | $1,106 |
| 2020 | $14,450 | $1,047 |
| 2019 | $14,450 | $1,047 |
| 2018 | $14,450 | $593 |
| 2017 | $14,450 | $580 |
History based on county public records data.
Nearby schools
4
Oakshire Elementary School
Public District PK-5
0.5 mi
•1765 E Holmes Rd
3
Holmes Road Elementary School
Public District PK-5
0.9 mi
•1083 E Holmes Rd
5
Whitehaven Elementary STEM
Public Magnet PK-5
1.3 mi
•4783 Elvis Presley Blvd
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 $42,500. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is 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?
43%
<35k
53%
35k-100k
4%
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?
38%
Single, No Kids
27%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
13%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Burlington
Big Lots
Stein Mart
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1502 Mary Jane Ave
The listing price of 1502 Mary Jane Ave property is $130,000.
The property 1502 Mary Jane Ave is a house located in Memphis, Tennessee, 38116.
Active Listing: 1502 Mary Jane Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1502 Mary Jane Ave are: Oakshire Elementary School (GreatSchools Rating 4/10), Holmes Road Elementary School (GreatSchools Rating 3/10), Whitehaven Elementary STEM (GreatSchools Rating 5/10), Havenview Middle School (GreatSchools Rating 3/10), J. P. Freeman Elementary/Middle (GreatSchools Rating 8/10), Southaven Middle School (GreatSchools Rating 2/10), City University School of Liberal Arts (GreatSchools Rating 4/10), Whitehaven High School (GreatSchools Rating 5/10), Southaven High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $1,093 (source: MLS/based on county public records data).
The last sale was on August 10, 2020 for $60,000 (source: MLS/tax record).
The property at 1502 Mary Jane Ave has 3 bedrooms and 1 bathroom.
The year of construction for 1502 Mary Jane Ave is 1963.
This home is located at 1502 Mary Jane Ave in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $130,000.
While more than 67 listings in Memphis, TN in July 2025 were sold above asking price, there were more than 113 listings sold at asking price, and more than 270 were sold below. The number of homes for sale in Memphis, TN increased by 9.5% between June and July 2025. In July 2025, listings were on the market for 114 days. During the same period, the median list price in this real estate market was $212,210.
From Rocket Homes Real Estate and based on county public records data.