$1,152 Closing Credit¹
#1291998, Listing Office: Honors Real Estate Services LLC
$109,500 List price
2540 Malone Ave Memphis, TN 38114
$1,300
Closing credit¹
2 beds
1 full
0.2 acres
House
Property details
About 2540 Malone Ave
Super cute 2 bedroom 1 bathroom home with low maintenance exterior and large detached workshop! Home would be a great primary residence or investment property! This home is in move-in condition and it has new interior paint, new exterior paint, nice looking roof (with no known issues), nice floor plan with new carpet, updated bathroom and kitchen, light fixtures that have been updated. Home qualifies for special 100% financing! ONLINE VIDEO AVAILABLE UPON REQUEST. Home has central heating and air. Cheaper than renting! FHA/VA/ Conventional offers welcome. Seller will help with closing costs and provide a home warranty with an acceptable offer. Immediate occupancy available! No wholesalers, no assignments, no creative financing, no owner financing available.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1936
ParkingDriveway/Pad
MLS #10192731
Summary
- Full Bathrooms: 1
- Flooring Type: Part Carpet
- Total Bedroom Count: 2
- Parking: Driveway/Pad
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $109,500
- Annual Tax Amount: $1,059
- Tax Year: 2024
- Lot: Level
- Directions: From Airways E on Arlington, L on Hamilton, R on Malone, home on L
- Year Built: 1936
- Stories: 1
- Lot Size: 0.17 Acres
- MLS Number: 10192731
- Office Name: Crye-Leike, Inc., 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: 5/28/2025, 6:20:29 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
$109,500
2540 Malone Ave
$1,300
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 24, 2022 | Home Sold | $87,000 |
| May 26, 2022 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $17,400 | $1,059 |
| 2023 | $17,400 | $1,059 |
| 2022 | $11,200 | $690 |
| 2021 | $11,200 | $690 |
| 2020 | $7,950 | $576 |
| 2019 | $7,950 | $576 |
| 2018 | $7,950 | $326 |
| 2017 | $7,950 | $350 |
History based on county public records data.
Nearby schools
4
Bethel Grove Elementary School
Public District PK-5
0.2 mi
•2459 Arlington Ave
3
Dunbar Elementary School
Public District PK-5
0.5 mi
•2606 Select Ave
3
Aspire Hanley Elementary School (ASD)
Public Charter KG-5
1.0 mi
•680 Hanley 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 $43,077. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
44%
<35k
49%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
22%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Big Lots
Burlington
Family Dollar
Where do the neighbors go to eat?
Golden Corral
Church's Chicken
White Castle
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Urban Adult Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
$1,152 Closing Credit¹
#2799602, Jim Stoneburner, Listing Office: Honors Real Estate Services LLC
$1,128 Closing Credit¹
#10196381, Listing Office: eXp Realty, LLC
$1,104 Closing Credit¹
#10194327, Listing Office: Fast Track Realty, LLC
$1,045 Closing Credit¹
#10195952, Listing Office: Keller Williams
$1,009 Closing Credit¹
#10193524, Listing Office: C21 Patterson & Assoc. Real Es
$1,009 Closing Credit¹
#10193921, Listing Office: C21 Patterson & Assoc. Real Es
$1,009 Closing Credit¹
#10193523, Listing Office: C21 Patterson & Assoc. Real Es
$950 Closing Credit¹
#10185204, Listing Office: Keller Williams
$950 Closing Credit¹
#10185221, Listing Office: Keller Williams
Frequently asked questions
About 2540 Malone Ave
The listing price of 2540 Malone Ave property is $109,500.
The property 2540 Malone Ave is a house located in Memphis, Tennessee, 38114.
Active Listing: 2540 Malone Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2540 Malone Ave are: Bethel Grove Elementary School (GreatSchools Rating 4/10), Dunbar Elementary School (GreatSchools Rating 3/10), Aspire Hanley Elementary School (ASD) (GreatSchools Rating 3/10), Compass Community School Orange Mound Campus (GreatSchools Rating 5/10), Maxine Smith Steam Academy (GreatSchools Rating 9/10), Sherwood Middle School (GreatSchools Rating 2/10), Melrose High School (GreatSchools Rating 1/10), Memphis Virtual School (GreatSchools Rating 1/10), Middle College High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,059 (source: MLS/based on county public records data).
The last sale was on October 24, 2022 for $87,000 (source: MLS/tax record).
The property at 2540 Malone Ave has 2 bedrooms and 1 bathroom.
The year of construction for 2540 Malone Ave is 1936.
This home is located at 2540 Malone Ave in Memphis, TN and zip code 38114 in the Bethel Grove neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $109,500.
Memphis, TN housing market in April 2025 saw over 51 listings sold above listed price, more than 116 sold at listed price and over 223 sold below. In April 2025 in Memphis, TN there were 13.8% more homes for sale than in March.
From Rocket Homes Real Estate and based on county public records data.