$891 Closing Credit¹
#10185756, Listing Office: Crye-Leike of MS, Inc.
$75,000 List price
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
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Other
- Cooling: Other
- List Price: $75,000
- Annual Tax Amount: $731
- Tax Year: 2024
- Lot: Level
- Directions: Head west on E Person Ave toward Pillow St, then turn right onto Gaither St. The destination will be on the left.
- Year Built: 1922
- Stories: 1
- Lot Size: 0.17 Acres
- 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: 5/24/2025, 12:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$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
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
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. Typical family type is 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?
UFC
NHRA Drag Racing- Pro Boxing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Popeyes
What do the neighbors drive?
Buick
Kia
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1659 Gaither St
The listing price of 1659 Gaither St property is $75,000.
The property 1659 Gaither St is a house located in Memphis, Tennessee, 38106.
Active Listing: 1659 Gaither St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1659 Gaither St are: Circles of Success Learning Academy (GreatSchools Rating 5/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Alton Elementary School (GreatSchools Rating 3/10), Veritas College Preparatory (GreatSchools Rating 4/10), Cummings School (GreatSchools Rating 4/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Hamilton High School (GreatSchools Rating 1/10), Soulsville Charter School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $731 (source: MLS/based on county public records data).
The last sale was on February 22, 2018 for $21,000 (source: MLS/tax record).
The property at 1659 Gaither St has 3 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 1659 Gaither St is 1922.
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.
Memphis, TN housing market in April 2025 saw over 51 listings sold above listed price, more than 116 sold at listed price and over 223 sold below. Between March and April 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.8%.
From Rocket Homes Real Estate and based on county public records data.