$299,999

259 Maryland Ave Memphis, TN 38126

$3,562
Closing credit¹
Multi-Family

Property details

About 259 Maryland Ave

Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!

Highlights

Home typeQuadruplex
HeatingHeat Pump, Wall Furnace
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
BasementYes
Year built1958
ParkingGravel, Offsite/Street
MLS #10183964

Summary

  • MLS Number: 10183964
  • Office Name: Franchise 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: 2/22/2025, 9:20:49 AM 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

kitchen with dark hardwood / wood-style flooring, white cabinetry, and sink

$299,999

259 Maryland Ave

$3,562

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 21, 2022
Home Sold
$24,500

Tax history

YearAssessmentProperty Tax
2024$6,825$415
2023$6,825$415
2022$6,825$420
2021$6,825$420
2020$5,875$425
2019$5,875$425
2018$5,875$241
2017$5,875$272

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.9 mi

345 E Olive Ave

3

Memphis Scholars Florida-Kansas (ASD)

Public Charter PK-5

1.2 mi

90 W Olive Ave

3

Memphis Delta Preparatory

Public Charter KG-5

1.4 mi

1237 College St

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 $16,709. The majority of Memphis, TN residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

95%
<35k
4%
35k-100k
0%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

70%
Single, No Kids
26%
Single, with Kids
2%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
33%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 259 Maryland Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $299,999.

In January 2025 more than 33 listings in Memphis, TN were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 166 were sold below. The number of homes for sale in Memphis, TN increased by 11.7% between December and January 2025.

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

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