$75,000

1659 Gaither St Memphis, TN 38106

$891
Closing credit¹
3 beds
1 full, 1 partial
0.2 acres
House

Property details

About 1659 Gaither St

Big house in popular investment area! It's nearly rent-ready now, so you can absolutely come in and do a few more finishing touches to satisfy Section 8 requirements for insane cashflow! Market rent in this neighborhood for this type of house is $1100 or so, and Sec. 8 can reach up to about $1400 - for the price, you can finally get a deal that makes sense in this market! Buyer to verify all facts. NO wholesaler offers or 'creative financing/seller-financing' offers will be accepted. If obtaining a loan, please check with your lender to be sure this house meets their minimum loan requirement.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.17 Acres
Year built1922
ParkingDriveway/Pad
MLS #10192515

Summary

  • MLS Number: 10192515
  • Office Name: Memphis Metro Realty

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 property featuring a porch, roof with shingles, and a chimney

$75,000

1659 Gaither St

$891

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 22, 2018
Home Sold
$21,000
Feb 22, 2018
Home Sold
$11,000
Jan 05, 2009
Home Sold
$54,900
Oct 24, 2006
Home Sold
$62,000

Tax history

YearAssessmentProperty Tax
2024$12,000$731
2023$12,000$731
2022$12,000$739
2021$12,000$739
2020$9,275$672
2019$9,275$672
2018$9,275$381
2017$9,275$424

History based on county public records data.

Nearby schools

5

Circles of Success Learning Academy

Public Charter KG-5

0.5 mi

867 S Parkway E

3

Memphis Delta Preparatory

Public Charter KG-5

0.8 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. The majority of Memphis, TN residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

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 1659 Gaither St

This home is located at 1659 Gaither 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 March 21, 2025 and is currently priced at $75,000.

Over 46 listings were sold over their listed price in March 2025 in Memphis, TN. In the same period over 216 listings were sold below the listed price and 105 listings were sold for the listed price. The number of listings in Memphis, TN increased by 14.8% between February and March 2025.

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

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