#10183899, Listing office: The Stamps Real Estate Company
Property details
About 2059 Rile St
Owner/Agent: Check out this 2-bedroom home with a large fenced-in yard! This turn-key property is tenant-occupied, paying $997 monthly (Section 8). Lease expires 4/30/2026. New water heater, flooring, and central air/heat with updated duct-work and insulation. No showings without an accepted offer. Do not disturb tenants. No wholesaling or assignments. This could be a great buy-and-hold investment and meets the 1% market rent rule.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.11 Acres
Year built1958
ParkingDriveway/Pad
MLS #10197717
Summary
- Full Bathrooms: 1
- Flooring Type: Wood Laminate Floors
- Total Bedroom Count: 2
- Parking: Driveway/Pad
- Exterior: Wrought Iron Security Drs, Wood Fence, Chain Fence
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $94,000
- Annual Tax Amount: $408
- Tax Year: 2024
- Lot: Few Trees, Level, Fencing
- Directions: Take I-55 North to St. Louis, Take Exit 9--Mallory Ave, Right T.O. Fuller State Park, Left on Riverport, Left on W Davant Avenue, Right on Rile St. Property is on left.
- Year Built: 1958
- Stories: 1
- Lot Size: 0.11 Acres
- MLS Number: 10197717
- Office Name: 4 Success Realty, LLC
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: 7/15/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $6,700 | $408 |
| 2023 | $6,700 | $408 |
| 2022 | $6,700 | $412 |
| 2021 | $6,700 | $412 |
| 2020 | $5,525 | $400 |
| 2019 | $5,525 | $400 |
| 2018 | $5,525 | $227 |
| 2017 | $5,525 | $251 |
History based on county public records data.
Nearby schools
2
Vision Preparatory Charter School
Public Charter KG-5
0.3 mi
•260 Joubert Ave
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
1.4 mi
•90 W Olive Ave
3
Alton Elementary School
Public District PK-5
1.8 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 $17,252. Residents of Memphis, TN typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
88%
<35k
7%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
22%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2059 Rile St
The listing price of 2059 Rile St property is $94,000.
The property 2059 Rile St is a house located in Memphis, Tennessee, 38109.
Active Listing: 2059 Rile St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2059 Rile St are: Vision Preparatory Charter School (GreatSchools Rating 2/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Alton Elementary School (GreatSchools Rating 3/10), Riverview School (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), Carver College and Career Academy (GreatSchools Rating 1/10), Mitchell High School (GreatSchools Rating 2/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $408 (source: MLS/based on county public records data).
The property at 2059 Rile St has 2 bedrooms and 1 bathroom.
The year of construction for 2059 Rile St is 1958.
This home is located at 2059 Rile St in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $94,000.
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.