1 day on Rocket
#10201616, Listing office: KAIZEN Realty, LLC
Property details
About 245 W Person Ave
This income-producing property features multiple well- maintained improvements, making it an ideal investment opportunity. The home includes a new roof (2025). Exterior and interior paint completed within 5 years,HVAC system installed just 5 years ago. A hot water heater installed approximately 3 years ago all contributing to long term efficiency. The fully fenced yard offers privacy — with wire fencing in the front and a six-foot wood privacy fence in the rear. Inside flooring throughout, the home was updated approximately 5 years ago including ceramic tile in the den, kitchen, and bathrooms. Currently rented at 1,750 a month this turn key property is ready to generate returns day 1
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.13 Acres
Year built2001
ParkingDriveway/Pad
MLS #10201607
WaterfrontOther
Summary
- Full Bathrooms: 2
- Flooring Type: Tile
- Total Bedroom Count: 4
- Parking: Driveway/Pad
- Waterfront: Other
- Exterior: Covered Patio
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $97,500
- Annual Tax Amount: $834
- Tax Year: 2024
- Lot: Other
- Directions: • From I-240 W, take Exit 25B toward I-55 N (St. Louis) • Take Exit 10 onto S Parkway • Turn right onto S Parkway W • Turn right on Arkansas Street • Go 0.4 miles and arrive at 245 W Person Ave, Memphis
- Year Built: 2001
- Stories: 1
- Lot Size: 0.13 Acres
- MLS Number: 10201607
- Office Name: KAIZEN 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: 7/20/2025, 10:45:29 AM 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 |
|---|---|---|
| Jul 19, 2001 | Home Sold | $43,357 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,700 | $834 |
| 2023 | $13,700 | $834 |
| 2022 | $13,700 | $371 |
| 2021 | $13,700 | $371 |
| 2020 | $11,450 | $829 |
| 2019 | $11,450 | $829 |
| 2018 | $11,450 | $- |
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
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
0.6 mi
•90 W Olive Ave
3
A. B. Hill Elementary School
Public District PK-5
1.3 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. 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?
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
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Frequently asked questions
About 245 W Person Ave
The listing price of 245 W Person Ave property is $97,500.
The property 245 W Person Ave is a house located in Memphis, Tennessee, 38109.
Active Listing: 245 W Person Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 245 W Person Ave are: Vision Preparatory Charter School (GreatSchools Rating 2/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), A. B. Hill 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), Hollis F. Price Middle College (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $834 (source: MLS/based on county public records data).
The last sale was on July 19, 2001 for $43,357 (source: MLS/tax record).
The property at 245 W Person Ave has 4 bedrooms and 2 bathrooms.
The year of construction for 245 W Person Ave is 2001.
This home is located at 245 W Person Ave in Memphis, TN and zip code 38109 in the Riverside neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2025 and is currently priced at $97,500.
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. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. In June 2025 median list price was $224,900 and the average listing age was 35 days.
From Rocket Homes Real Estate and based on county public records data.