$89,250

24 W Norwood Ave Memphis, TN 38109

$1,060
Closing credit¹
4 beds
2 full
0.2 acres
House

Property details

About 24 W Norwood Ave

Investors! Welcome to a lovely 4 Bed/2 Bath rental that is cash flowing at $1,250 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 09/30/2025, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1910
ParkingDriveway/Pad
MLS #10199345

Summary

  • Full Bathrooms: 2
  • Flooring Type: Wood Laminate Floors
  • Total Bedroom Count: 4
  • Parking: Driveway/Pad
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $89,250
  • Annual Tax Amount: $705
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: From the intersection of US Hwy 61 (Blues Hwy) and E Mallory Ave, head West on E Mallory Ave to Florida St, turn Right (North). Continue on Florida St to W Norwood Ave, turn Left (West). Property is on the Right (North) side
  • Year Built: 1910
  • Stories: 1
  • Lot Size: 0.17 Acres
  • MLS Number: 10199345
  • Office Name: Sowell, Realtors

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: 6/23/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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24 W Norwood Ave, Memphis, TN 38109 - bungalow-style house featuring a porch, a front lawn, and driveway

$89,250

24 W Norwood Ave

$1,060

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 10, 2023
Home Sold
$59,500
Oct 28, 2020
Home Sold
$54,000
Apr 07, 2020
Home Sold
$20,000
Apr 15, 2008
Home Sold
$15,000
Jun 27, 2005
Home Sold
$70,000
Oct 06, 2004
Home Sold
$17,000
Mar 15, 2002
Home Sold
$44,000

Tax history

YearAssessmentProperty Tax
2024$11,575$705
2023$11,575$705
2022$11,575$713
2021$11,575$713
2020$6,900$499
2019$6,900$499
2018$6,900$283
2017$6,900$437

History based on county public records data.

Nearby schools

2

Vision Preparatory Charter School

Public Charter KG-5

0.5 mi

260 Joubert Ave

3

Alton Elementary School

Public District PK-5

1.2 mi

2020 Alton Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

1.3 mi

90 W Olive Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,167. The most common annual income of people living in Memphis, TN is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
38%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

55%
Single, No Kids
33%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 24 W Norwood Ave

The listing price of 24 W Norwood Ave property is $89,250.

The property 24 W Norwood Ave is a house located in Memphis, Tennessee, 38109.

Active Listing: 24 W Norwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 24 W Norwood Ave are: Vision Preparatory Charter School (GreatSchools Rating 2/10), Alton Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (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), Soulsville Charter School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $705 (source: MLS/based on county public records data).

The last sale was on July 10, 2023 for $59,500 (source: MLS/tax record).

The property at 24 W Norwood Ave has 4 bedrooms and 2 bathrooms.

The year of construction for 24 W Norwood Ave is 1910.

This home is located at 24 W Norwood Ave in Memphis, TN and zip code 38109 in the Mallory Heights neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $89,250.

In May 2025, from all listings sold in Memphis, TN there were more than 70 sold above asking price, over 263 sold below and more than 110 were sold right at the asked price. In May 2025 in Memphis, TN there were 11.3% more homes for sale than in April. Listings spent 10 days on the market in May 2025, and had a median list price of $220,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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