16 hours on Rocket
#10201233, Listing office: Marathon REALTORS, LLC
Property details
About 1640 Portland Ave
Fantastic investment opportunity in the Shelby area. This 3br/4.1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,150/month. The lease ends on 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.3 Acres
Year built1954
ParkingOther (See REMARKS)
MLS #10183976
WaterfrontOther
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Waterfront: Other
- Exterior: Other (See REMARKS)
- Architectural Style: Other (See Remarks)
- Heating: Other
- Cooling: Other
- List Price: $114,900
- Annual Tax Amount: $854
- Tax Year: 2024
- Lot: Other
- Directions: Head southwest on N Watkins St toward Signal St, then turn right onto Signal St. Take a left onto Portland Ave, the destination will be on the right.
- Year Built: 1954
- Stories: 1
- Lot Size: 0.3 Acres
- MLS Number: 10183976
- Office Name: CrestCore Realty MphsBrokerage
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, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 02, 2023 | Home Sold | $92,000 |
| Dec 31, 2019 | Home Sold | $46,000 |
| Feb 15, 2012 | Home Sold | $36,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $14,025 | $854 |
| 2023 | $14,025 | $854 |
| 2022 | $14,025 | $864 |
| 2021 | $14,025 | $864 |
| 2020 | $9,125 | $661 |
| 2019 | $9,125 | $661 |
| 2018 | $9,125 | $375 |
| 2017 | $9,125 | $405 |
History based on county public records data.
Nearby schools
7
Delano Elementary School
Public Magnet PK-5
0.3 mi
•1716 Delano Ave
4
Frayser Achievement Elementary School (ASD)
Public District PK-5
0.7 mi
•1602 Dellwood Ave
3
Whitney Achievement Elementary School (ASD)
Public District PK-5
0.9 mi
•1219 Whitney Ave
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 $19,550. Residents of Memphis, TN typically earn less than $<35k each year. Typical family type is single, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
80%
<35k
19%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
45%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
28%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
27%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Chevrolet
What do the neighbors listen to?
Urban Contemporary- Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1640 Portland Ave
The listing price of 1640 Portland Ave property is $114,900.
The property 1640 Portland Ave is a house located in Memphis, Tennessee, 38127.
Active Listing: 1640 Portland Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1640 Portland Ave are: Delano Elementary School (GreatSchools Rating 7/10), Frayser Achievement Elementary School (ASD) (GreatSchools Rating 4/10), Whitney Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Grandview Heights Middle School (GreatSchools Rating 3/10), Compass Community School Frayser Campus (GreatSchools Rating 5/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10), Memphis Business Academy High School (GreatSchools Rating 4/10), Pathways in Education - Tn (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $854 (source: MLS/based on county public records data).
The last sale was on May 2, 2023 for $92,000 (source: MLS/tax record).
The property at 1640 Portland Ave has 3 bedrooms and 4 full and 1 half bathrooms.
The year of construction for 1640 Portland Ave is 1954.
This home is located at 1640 Portland Ave in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $114,900.
Memphis, TN housing market in June 2025 saw over 73 listings sold above listed price, more than 107 sold at listed price and over 219 sold below. Between May and June 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.9%. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $224,900.
From Rocket Homes Real Estate and based on county public records data.