$50,000

1566 Marjorie St Memphis, TN 38106

$594
Closing credit¹
3 beds
2 full
0.3 acres
House

Property details

About 1566 Marjorie St

Investment opportunity. Tenant occupied property. Tenant is m2m paying $500/mo. This property could be fixed up and worth more money or a great buy and hold. Seller can convey AC & Furnace with acceptable offer. Online video available upon request. Do not approach or disturb tenant. No showings without an accepted offer. No wholesale, assignment, seller finance or creative finance.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.27 Acres
Year built1918
ParkingDriveway/Pad
MLS #10193238

Summary

  • MLS Number: 10193238
  • Office Name: Crye-Leike, Inc., REALTORS

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: 4/5/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

back of house with covered porch, brick siding, and fence

$50,000

1566 Marjorie St

$594

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 19, 2022
Home Sold
$46,000
Aug 29, 2019
Home Sold
$21,000
Apr 25, 2008
Home Sold
$23,000
Nov 17, 2006
Home Sold
$22,000

Tax history

YearAssessmentProperty Tax
2024$8,125$494
2023$8,125$494
2022$4,200$258
2021$4,200$258
2020$4,450$322
2019$4,450$322
2018$4,450$182
2017$4,450$194

History based on county public records data.

Nearby schools

5

Circles of Success Learning Academy

Public Charter KG-5

0.3 mi

867 S Parkway E

3

Memphis Delta Preparatory

Public Charter KG-5

0.7 mi

1237 College St

3

Alton Elementary School

Public District PK-5

0.9 mi

2020 Alton 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 $14,467. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

83%
<35k
15%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

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 1566 Marjorie St

This home is located at 1566 Marjorie St in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $50,000.

Memphis, TN housing market in March 2025 saw over 46 listings sold above listed price, more than 105 sold at listed price and over 216 sold below. In March 2025 in Memphis, TN there were 14.8% more homes for sale than in February.

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

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