$68,250

2558 Steele St Memphis, TN 38127

$810
Closing credit¹
2 beds
1 full
0.1 acres
House

Property details

About 2558 Steele St

Investors! Welcome to a lovely 2 Bed/1 Bath rental that is cash flowing at $795 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 10/31/2025, 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
HeatingOther
StatusActive
CoolingWindow Unit(s)
Lot size0.13 Acres
Year built1948
ParkingDriveway/Pad
MLS #10199346

Summary

  • Full Bathrooms: 1
  • Flooring Type: Wood Laminate Floors
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Other
  • Cooling: Window Unit(s)
  • List Price: $68,250
  • Annual Tax Amount: $554
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: From the intersection of US Hwy 51 N and Stage Ave, head East on Stage Ave and continue on Stage-Delano Rd to Steele St, turn Right (South). Property is on the Left (East) side.
  • Year Built: 1948
  • Stories: 1
  • Lot Size: 0.13 Acres
  • MLS Number: 10199346
  • 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: 6/21/2025, 12:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2558 Steele St, Memphis, TN 38127 - bungalow-style house with a front lawn

$68,250

2558 Steele St

$810

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 02, 2023
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2024$9,100$554
2023$9,100$554
2022$9,100$560
2021$9,100$560
2020$6,100$442
2019$6,100$442
2018$6,100$250
2017$6,100$291

History based on county public records data.

Nearby schools

7

Delano Elementary School

Public Magnet PK-5

0.5 mi

1716 Delano Ave

3

Whitney Achievement Elementary School (ASD)

Public District PK-5

1.0 mi

1219 Whitney Ave

4

Frayser Achievement Elementary School (ASD)

Public District PK-5

1.3 mi

1602 Dellwood 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 $25,174. The most common annual income of people living in Memphis, TN is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

78%
<35k
22%
35k-100k
0%
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?

45%
Single, No Kids
25%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

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 2558 Steele St

The listing price of 2558 Steele St property is $68,250.

The property 2558 Steele St is a house located in Memphis, Tennessee, 38127.

Active Listing: 2558 Steele St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2558 Steele St are: Delano Elementary School (GreatSchools Rating 7/10), Whitney Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Frayser Achievement Elementary School (ASD) (GreatSchools Rating 4/10), Grandview Heights Middle School (GreatSchools Rating 3/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), Westside Achievement Middle School (ASD) (GreatSchools Rating 3/10), Martin Luther King Preparatory High School (ASD) (GreatSchools Rating 3/10), Pathways in Education - Tn (GreatSchools Rating 1/10), Memphis Business Academy High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $554 (source: MLS/based on county public records data).

The last sale was on March 2, 2023 for $35,000 (source: MLS/tax record).

The property at 2558 Steele St has 2 bedrooms and 1 bathroom.

The year of construction for 2558 Steele St is 1948.

This home is located at 2558 Steele St in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $68,250.

Memphis, TN housing market in May 2025 saw over 70 listings sold above listed price, more than 110 sold at listed price and over 263 sold below. Between April and May 2025, Memphis, TN real estate market has seen increase in the number of listings by 11.3%. While the average time on the market in May 2025 was 10 days, the median list price was $220,000.

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

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