#10198451, Listing office: BEST Real Estate Company
Property details
About 2316 Norman Ave
Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Eight other rental houses available also.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Lot size0.11 Acres
Year built1940
ParkingDriveway/Pad
MLS #10180105
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Vinyl/Luxury Vinyl Floor, Wall to Wall Carpet
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Porch
- Architectural Style: Traditional
- Heating: Natural Gas
- Cooling: None
- List Price: $83,000
- Annual Tax Amount: $345
- Tax Year: 2024
- Lot: Few Trees
- Directions: North on Hollywood, left on Norman before Chelsea
- Year Built: 1940
- Stories: 1
- Lot Size: 0.11 Acres
- MLS Number: 10180105
- Office Name: Pinnacle 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: 7/23/2025, 3:45:31 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 |
|---|---|---|
| Dec 19, 2008 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,675 | $345 |
| 2023 | $5,675 | $345 |
| 2022 | $5,675 | $349 |
| 2021 | $5,675 | $349 |
| 2020 | $5,150 | $373 |
| 2019 | $5,150 | $373 |
| 2018 | $5,150 | $211 |
| 2017 | $5,150 | $219 |
History based on county public records data.
Nearby schools
4
Promise Academy
Public Charter KG-5
0.4 mi
•1346 Bryan St
4
Kipp Memphis Academy Elementary School
Public Charter PK-4
0.6 mi
•2248 Shannon Ave
5
Springdale Elementary School
Public Magnet PK-5
0.9 mi
•880 N Hollywood St
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 $12,273. Typical income of Memphis, TN residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
74%
<35k
25%
35k-100k
0%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters 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?
14%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
42%
35-64 yrs old
19%
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 2316 Norman Ave
The listing price of 2316 Norman Ave property is $83,000.
The property 2316 Norman Ave is a house located in Memphis, Tennessee, 38108.
Active Listing: 2316 Norman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2316 Norman Ave are: Promise Academy (GreatSchools Rating 4/10), Kipp Memphis Academy Elementary School (GreatSchools Rating 4/10), Springdale Elementary School (GreatSchools Rating 5/10), Kipp Memphis Middle Academy (GreatSchools Rating 3/10), Douglass School (GreatSchools Rating 3/10), Snowden School (GreatSchools Rating 3/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10), Douglass High School (GreatSchools Rating 2/10), Crosstown High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $345 (source: MLS/based on county public records data).
The last sale was on December 19, 2008 for $100,000 (source: MLS/tax record).
The property at 2316 Norman Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 2316 Norman Ave is 1940.
This home is located at 2316 Norman Ave in Memphis, TN and zip code 38108 in the Hollywood / Hyde Park / Springdale neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $83,000.
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. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.
From Rocket Homes Real Estate and based on county public records data.