#10188122, Listing Office: Grand Point Realty, LLC
232 Vaal Ave Memphis, TN 38109
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
Summary
- MLS Number: 10185608
- Office Name: Memphis Metro Realty
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Last updated on: 3/6/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$91,000
232 Vaal Ave
$1,081
closing credit¹
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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. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
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.
Over 57 listings were sold over their listed price in February 2025 in Memphis, TN. In the same period over 205 listings were sold below the listed price and 73 listings were sold for the listed price. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. In February 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $185,000.