$74,000

2991 Walnut Grove Rd Unit 2 Memphis, TN 38111

$879
Closing credit¹
2 beds
1 full
2.8 acres
Townhouse

Property details

About 2991 Walnut Grove Rd Unit 2

Rare opportunity to own this unique property just 5 minutes from U of M and 10 minutes from the medical center. It is a CO-OP not a Condo. This is a two bedroom one bath downstairs unit. Kitchen with new refrigerator and dishwasher. Hardwood floors throughout. Secure gated property with Security cameras throughout the complex covering all parking, entrance & exit gates. NO long or short term RENTALS are allowed in the Walnut Grove Apartments. Cash or bank loan only. Monthly HOA fee of $350 includes water/sewer, property taxes, exterior insurance and grounds maintenance and trash collection. Buyers pay $200 application fee for co-op approval.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size2.76 Acres
Year built1956
ParkingGated Parking,Assigned Parking
MLS #10192276
WaterfrontOther

Summary

  • Full Bathrooms: 1
  • Flooring Type: Hardwood Throughout, Smooth Ceiling
  • Total Bedroom Count: 2
  • Parking: Gated Parking,Assigned Parking
  • Waterfront: Other
  • Exterior: Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $74,000
  • Lot: Few Trees, Other
  • Directions: Walnut Grove Apartments are located just west of the Benjamin Hooks Library on Walnut Grove. The security gate entrance is on the left just before Tillman.
  • Year Built: 1956
  • Stories: 1
  • Lot Size: 2.76 Acres
  • MLS Number: 10192276
  • 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: 4/29/2025, 7:20:49 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

view of front of property featuring brick siding and a chimney

$74,000

2991 Walnut Grove Rd Unit 2

$879

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Cornerstone Preparatory - Lester Campus

Public Charter PK-5

0.4 mi

320 Carpenter St

5

William H. Brewster Elementary School

Public Magnet PK-5

1.0 mi

2605 Sam Cooper Blvd

4

Arrow Academy of Excellence

Public Charter KG-5

1.5 mi

645 Semmes 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 $31,513. Typical income of Memphis, TN residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

57%
<35k
31%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
14%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
36%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 2991 Walnut Grove Rd Unit 2

The listing price of 2991 Walnut Grove Rd Unit 2 property is $74,000.

The property 2991 Walnut Grove Rd Unit 2 is a townhouse located in Memphis, Tennessee, 38111.

Active Listing: 2991 Walnut Grove Rd Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2991 Walnut Grove Rd Unit 2 are: Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), William H. Brewster Elementary School (GreatSchools Rating 5/10), Arrow Academy of Excellence (GreatSchools Rating 4/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Compass Community School Binghampton Campus (GreatSchools Rating 5/10), Maxine Smith Steam Academy (GreatSchools Rating 9/10), East High School (GreatSchools Rating 8/10), Middle College High School (GreatSchools Rating 7/10), Melrose High School (GreatSchools Rating 1/10).

The property at 2991 Walnut Grove Rd Unit 2 has 2 bedrooms and 1 bathroom.

The year of construction for 2991 Walnut Grove Rd Unit 2 is 1956.

This home is located at 2991 Walnut Grove Rd Unit 2 in Memphis, TN and zip code 38111 in the Binghampton / Lester neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $74,000.

In March 2025 more than 46 listings in Memphis, TN were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 216 were sold below. The inventory of homes for sale in Memphis, TN between February and March 2025 increased by 14.8%.

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

More resources