$1,544 Closing Credit¹
#10182311, Listing Office: BEST Real Estate Company
$91,000 List price
232 Vaal Ave Memphis, TN 38109
$1,081
Closing credit¹
Multi-Family
Property details
About 232 Vaal Ave
Great chance for investors to get a nice, cashflowing duplex - $1100/month in rent! Units were rehabbed prior to leasing and should be in great shape! Owner says the roof is within 10 years, maybe newer, slab foundation and brick exterior all check a lot of boxes for investors! The two leases are newer, but both are current as of listing. Each side is rented for $550 and one lease ends 7/31/25, other 9/30/25. No showings until accepted contract, buyer to verify all facts. No seller-financing and no wholesaler/assignable offers.
Highlights
Home typeDuplex
HeatingBaseboard
StatusSale Pending
(Pending)
(Pending)
CoolingWall/Window Unit(s)
BasementYes
Year built1960
ParkingDriveway/Pad
MLS #10185608
Summary
- MLS Number: 10185608
- 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: 3/13/2025, 10:20:50 PM 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
$91,000
232 Vaal Ave
$1,081
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2022 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,840 | $843 |
| 2023 | $13,840 | $843 |
| 2022 | $13,840 | $79 |
| 2021 | $2,920 | $79 |
| 2020 | $3,160 | $228 |
| 2019 | $3,160 | $84 |
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
0.8 mi
•90 W Olive Ave
3
A. B. Hill Elementary School
Public District PK-5
1.4 mi
•345 E Olive 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 $16,014. The majority of Memphis, TN residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
81%
<35k
18%
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?
58%
Single, No Kids
30%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
$356 Closing Credit¹
#10188122, Listing Office: Grand Point Realty, LLC
$3,563 Closing Credit¹
#10190953, Listing Office: eXp Realty, LLC
This home is located at 232 Vaal Ave in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $91,000.
In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.