#10186155, Listing office: Crye-Leike, Inc., REALTORS
Property details
About 1941 Corning Ave
Welcome to 1941 Corning Ave, Memphis, TN 38127 – an Investor’s Dream! This charming 3-bedroom, 1-bath home offers an excellent opportunity to add a turn-key rental or value-add flip to your portfolio. Located in a quiet, established neighborhood, this property features a spacious living room filled with natural light, a functional kitchen with ample cabinet space and modern appliances, and three generously sized bedrooms. The full bathroom is centrally located for tenant convenience. Enjoy a large, fenced-in backyard ideal for outdoor living, plus a private driveway for off-street parking. With strong rental demand in the 38127 area, this is a solid investment you won’t want to miss! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1095/month.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1960
ParkingOther (See REMARKS)
MLS #10200698
Summary
- Full Bathrooms: 1
- Flooring Type: Vinyl/Luxury Vinyl Floor, Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Exterior: Porch
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $118,000
- Annual Tax Amount: $741
- Tax Year: 2024
- Lot: Level
- Directions: Get on I-240 E from Macon Rd, N Germantown Pkwy and Walnut Grove Rd 12 min (6.8 mi) ? Take I-40 W to N Watkins St. Take exit 3 from I-40 W 10 min (10.1 mi) ? Follow N Watkins St to Corning Ave 6 min (2.6 mi)
- Year Built: 1960
- Stories: 1
- Lot Size: 0.17 Acres
- MLS Number: 10200698
- Office Name: Foundation Property Management
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: 7/9/2025, 7:45:30 PM 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 |
|---|---|---|
| Jun 24, 2020 | Home Sold | $72,000 |
| Apr 17, 2020 | Home Sold | $26,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $12,175 | $741 |
| 2023 | $12,175 | $741 |
| 2022 | $12,175 | $750 |
| 2021 | $12,175 | $750 |
| 2020 | $11,500 | $833 |
| 2019 | $11,500 | $833 |
| 2018 | $11,500 | $472 |
| 2017 | $11,500 | $506 |
History based on county public records data.
Nearby schools
6
Cornerstone Prep Denver Campus (ASD)
Public Charter PK-5
0.5 mi
•1940 Frayser Blvd
3
Georgian Hills Achievement Elementary School (ASD)
Public District PK-5
0.6 mi
•3930 Leweir St
3
Corning Achievement Elementary School (ASD)
Public District PK-5
0.6 mi
•1662 Dabbs 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 $42,636. The most common annual income of people living in Memphis, TN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
29%
<35k
70%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
34%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
14%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1941 Corning Ave
The listing price of 1941 Corning Ave property is $118,000.
The property 1941 Corning Ave is a house located in Memphis, Tennessee, 38127.
Active Listing: 1941 Corning Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1941 Corning Ave are: Cornerstone Prep Denver Campus (ASD) (GreatSchools Rating 6/10), Georgian Hills Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Corning Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Georgian Hills Middle School (GreatSchools Rating 4/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Compass Community School Frayser Campus (GreatSchools Rating 5/10), Memphis Business Academy High School (GreatSchools Rating 4/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10), Trezevant High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $741 (source: MLS/based on county public records data).
The last sale was on June 24, 2020 for $72,000 (source: MLS/tax record).
The property at 1941 Corning Ave has 3 bedrooms and 1 bathroom.
The year of construction for 1941 Corning Ave is 1960.
This home is located at 1941 Corning Ave in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $118,000.
Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.