$1,395 Closing Credit¹
#10186156, Listing Office: Crye-Leike, Inc., REALTORS
$114,900 List price
1640 Portland Ave Memphis, TN 38127
$1,364
Closing credit¹
3 beds
4 full, 1 partial
0.3 acres
House
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
- 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: 3/6/2025, 2:20:50 PM 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
$114,900
1640 Portland Ave
$1,364
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The most common annual income of people living in Memphis, TN is less than $<35k. Most families are single, with kids. The majority of 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
Similar homes for sale
New - 6 days on Rocket
$1,282 Closing Credit¹
#10190903, Listing Office: Hunter Management, LLC
$1,247 Closing Credit¹
#10182702, Listing Office: Revid Property Management, LLC
$1,247 Closing Credit¹
#10187118, Listing Office: Evernest Too, LLC
$1,229 Closing Credit¹
#10183949, Listing Office: Foundation Property Management
$1,543 Closing Credit¹
#10188564, Listing Office: CrestCore Realty MphsBrokerage
New - 3 hours on Rocket
$1,544 Closing Credit¹
#10191344, Listing Office: Tally Real Estate Group, LLC
$1,187 Closing Credit¹
#10187549, Listing Office: Emmett Baird Realty, LLC
$1,164 Closing Credit¹
#10180104, Listing Office: Pinnacle Realty
$1,603 Closing Credit¹
#10186910, Listing Office: KAIZEN Realty, LLC
Frequently asked questions
About 1640 Portland Ave
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.
In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. The number of homes for sale in Memphis, TN increased by 13.5% between January and February 2025. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.
From Rocket Homes Real Estate and based on county public records data.