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$120,000

1557 Ontario Ave Memphis, TN 38127

3 beds
1 full
0.3 acres
House

Property details

About 1557 Ontario Ave

Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC. Send POF & asso docs with all offers.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.34 Acres
Year built1957
ParkingDriveway/Pad
MLS #10199600

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Textured Ceiling
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $120,000
  • HOA Amount: $0 Annually
  • Annual Tax Amount: $846
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: From I-240 to I-40W, exit 3 N Watkins, Left on Ontario, House on the left
  • Year Built: 1957
  • Stories: 1
  • Lot Size: 0.34 Acres
  • MLS Number: 10199600
  • 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: 7/16/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 30, 2019
Home Sold
$22,500

Tax history

YearAssessmentProperty Tax
2024$13,900$846
2023$13,900$846
2022$13,900$856
2021$13,900$856
2020$9,300$673
2019$9,300$673
2018$9,300$382
2017$9,300$406

History based on county public records data.

Nearby schools

7

Delano Elementary School

Public Magnet PK-5

0.4 mi

1716 Delano Ave

3

Whitney Achievement Elementary School (ASD)

Public District PK-5

0.9 mi

1219 Whitney Ave

4

Frayser Achievement Elementary School (ASD)

Public District PK-5

1.1 mi

1602 Dellwood Ave

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 $25,174. The most common annual income of people living in Memphis, TN is less than $<35k. Most families are 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?

78%
<35k
22%
35k-100k
0%
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?

45%
Single, No Kids
25%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • 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 1557 Ontario Ave

The listing price of 1557 Ontario Ave property is $120,000.

The property 1557 Ontario Ave is a house located in Memphis, Tennessee, 38127.

Active Listing: 1557 Ontario Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1557 Ontario Ave are: Delano Elementary School (GreatSchools Rating 7/10), Whitney Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Frayser Achievement Elementary School (ASD) (GreatSchools Rating 4/10), Grandview Heights Middle School (GreatSchools Rating 3/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Westside Achievement Middle School (ASD) (GreatSchools Rating 3/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10), Pathways in Education - Tn (GreatSchools Rating 1/10), Memphis Business Academy High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $846 (source: MLS/based on county public records data).

The last sale was on April 30, 2019 for $22,500 (source: MLS/tax record).

The property at 1557 Ontario Ave has 3 bedrooms and 1 bathroom.

The year of construction for 1557 Ontario Ave is 1957.

This home is located at 1557 Ontario Ave in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 22, 2025 and is currently priced at $120,000.

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. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. The median list price of listings available in June 2025 was $224,900, while the average time on the real estate market was 35 days.

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

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