$89,900

3071 Mccool Ave Memphis, TN 38114

$1,068
Closing credit¹
3 beds
1 full
0.2 acres
House

Property details

About 3071 Mccool Ave

Investment opportunity available. Tenant occupied and professionally managed home for sale (lease, ledger, repair history available upon request). Investors only! This property could be a great addition to your rental portfolio. The property is currently rented for $880/mo with a $695 security deposit. The lease expires February 2026. This was bought turnkey in 2020 and the roof, HVAC, water heater should all be in good shape (please confirm)! Make offers contingent on interior inspection. No wholesalers, no assignments, no creative financing or owner financing...cash offers or conventional bank offers only. No sign in the yard. The photos used were prior to the tenant moving in and may not reflect the current condition.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.22 Acres
Year built1951
ParkingDriveway/Pad
MLS #10195411

Summary

  • Full Bathrooms: 1
  • Flooring Type: Part Carpet
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad
  • Exterior: Sidewalks
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $89,900
  • Annual Tax Amount: $1,017
  • Tax Year: 2024
  • Lot: Level
  • Directions: Head west on Chickasaw Rd toward N Mendenhall Rd 18 s (0.1 mi) Take Walnut Grove Rd, S Goodlett St, Park Ave and Semmes St to McCool Ave 16 min (6.9 mi) Turn left onto McCool Ave
  • Year Built: 1951
  • Stories: 1
  • Lot Size: 0.22 Acres
  • MLS Number: 10195411
  • 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: 5/1/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow featuring a shingled roof

$89,900

3071 Mccool Ave

$1,068

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 19, 2020
Home Sold
$69,500
Dec 06, 2019
Home Sold
$27,000
Apr 03, 2017
Home Sold
$26,750

Tax history

YearAssessmentProperty Tax
2024$16,700$1,017
2023$16,700$1,017
2022$16,700$1,029
2021$16,700$1,029
2020$9,000$652
2019$9,000$652
2018$9,000$369
2017$9,000$353

History based on county public records data.

Nearby schools

4

Cherokee Elementary School

Public District PK-5

0.2 mi

3061 Kimball Ave

3

Sharpe Elementary School

Public District PK-5

0.8 mi

3431 Sharpe Ave

4

Bethel Grove Elementary School

Public District PK-5

1.3 mi

2459 Arlington 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 $30,946. Typical income of Memphis, TN residents is 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?

55%
<35k
44%
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?

61%
Single, No Kids
22%
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?

15%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 3071 Mccool Ave

The listing price of 3071 Mccool Ave property is $89,900.

The property 3071 Mccool Ave is a house located in Memphis, Tennessee, 38114.

Active Listing: 3071 Mccool Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3071 Mccool Ave are: Cherokee Elementary School (GreatSchools Rating 4/10), Sharpe Elementary School (GreatSchools Rating 3/10), Bethel Grove Elementary School (GreatSchools Rating 4/10), Compass Community School Orange Mound Campus (GreatSchools Rating 5/10), Sherwood Middle School (GreatSchools Rating 2/10), American Way Middle School (GreatSchools Rating 3/10), 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 $1,017 (source: MLS/based on county public records data).

The last sale was on February 19, 2020 for $69,500 (source: MLS/tax record).

The property at 3071 Mccool Ave has 3 bedrooms and 1 bathroom.

The year of construction for 3071 Mccool Ave is 1951.

This home is located at 3071 Mccool Ave in Memphis, TN and zip code 38114 in the Cherokee neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $89,900.

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 number of listings in Memphis, TN increased by 14.8% between February and March 2025.

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

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