$1,543 Closing Credit¹
#10188341, Listing Office: KAIZEN Realty, LLC
$139,900 List price
1531 S Ave Memphis, TN 38106
$1,661
Closing credit¹
4 beds
2 full
0.2 acres
House
Property details
About 1531 S Ave
This charming 4-bedroom, 2-bath home is full of potential and versatility—perfect for investors or owner-occupants alike. The spacious floor plan features a flexible layout, generous living areas, and plenty of natural light. Recent improvements within the last two years add modern touches and increased appeal. Conveniently located just minutes from downtown Memphis with easy access to major roads, shopping, and dining.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.2 Acres
Year built1956
ParkingDriveway/Pad
MLS #10195478
WaterfrontOther
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Wood Laminate Floors, Tile
- Total Bedroom Count: 4
- Parking: Driveway/Pad
- Waterfront: Other
- Exterior: Wrought Iron Security Drs
- Architectural Style: Other (See Remarks)
- Heating: Central
- Cooling: Central Air
- List Price: $139,900
- Annual Tax Amount: $610
- Tax Year: 2024
- Lot: Other
- Directions: Take Exit 29 for South Parkway East. Turn left onto E South Parkway. Turn right onto Silver Street. Turn left onto South Avenue. 1531 South Ave will be straight ahead in the cove.
- Year Built: 1956
- Stories: 1
- Lot Size: 0.2 Acres
- MLS Number: 10195478
- Office Name: Assured Real Estate Services
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: 5/2/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$139,900
1531 S Ave
$1,661
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 08, 2018 | Home Sold | $19,000 |
| Jul 17, 2017 | Home Sold | $24,334 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $10,025 | $610 |
| 2023 | $10,025 | $610 |
| 2022 | $10,025 | $617 |
| 2021 | $10,025 | $617 |
| 2020 | $9,975 | $722 |
| 2019 | $9,975 | $722 |
| 2018 | $9,975 | $409 |
| 2017 | $9,975 | $476 |
History based on county public records data.
Nearby schools
3
Memphis College Preparatory
Public Charter KG-5
0.7 mi
•1500 Dunn Ave
4
Rozelle Elementary School
Public Magnet PK-5
1.1 mi
•993 Roland St
5
Circles of Success Learning Academy
Public Charter KG-5
1.3 mi
•867 S Parkway E
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 $33,491. The most common annual income of people living in Memphis, TN is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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 Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1531 S Ave
The listing price of 1531 S Ave property is $139,900.
The property 1531 S Ave is a house located in Memphis, Tennessee, 38106.
Active Listing: 1531 S Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1531 S Ave are: Memphis College Preparatory (GreatSchools Rating 3/10), Rozelle Elementary School (GreatSchools Rating 4/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), 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 $610 (source: MLS/based on county public records data).
The last sale was on November 8, 2018 for $19,000 (source: MLS/tax record).
The property at 1531 S Ave has 4 bedrooms and 2 bathrooms.
The year of construction for 1531 S Ave is 1956.
This home is located at 1531 S Ave in Memphis, TN and zip code 38106 in the Orange Mound neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $139,900.
Memphis, TN housing market in April 2025 saw over 51 listings sold above listed price, more than 116 sold at listed price and over 223 sold below. In April 2025 in Memphis, TN there were 13.8% more homes for sale than in March.
From Rocket Homes Real Estate and based on county public records data.