$213,000

3113 Monterrey Sq Memphis, TN 38111

$2,529
Closing credit¹
Multi-Family

Property details

About 3113 Monterrey Sq

Maximize your investment with this recently renovated duplex, offering two separate income streams in a prime, low-traffic cove. Each spacious 2-bedroom, 1.5-bath unit has been renovated, updated electiral and features a newer roof for added durability. The tucked-away location enhances tenant appeal, making it an ideal choice for long-term renters or house hacking. Don’t miss this performing investment property—secure passive income with a turnkey, cash-flowing asset.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Year built1973
ParkingDriveway/Pad
MLS #10192620

Summary

  • Appliances: Range, Oven
  • Basement: Yes
  • Flooring Type: Part Carpet
  • Parking: Driveway/Pad
  • Exterior: Brick Veneer, Patio
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $213,000
  • Annual Tax Amount: $1,703
  • Tax Year: 2024
  • Lot: Few Trees
  • Directions: North on Airways and west on Southern ave.
  • Year Built: 1973
  • Stories: 2
  • MLS Number: 10192620
  • Office Name: eXp 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: 5/11/2025, 1:20:27 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

colonial house featuring brick siding and fence

$213,000

3113 Monterrey Sq

$2,529

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 12, 2024
Home Sold
$135,000
Oct 28, 2020
Home Sold
$74,000
Mar 06, 2017
Home Sold
$167,000
Oct 04, 2011
Home Sold
$82,500
Oct 04, 2010
Home Sold
$48,700
Sep 15, 2010
Home Sold
$26,500
Dec 31, 2003
Home Sold
$56,000
Dec 10, 1998
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2024$27,960$1,703
2023$27,960$1,703
2022$27,960$1,723
2021$27,960$1,723
2020$29,040$2,104
2019$29,040$2,104
2018$29,040$1,193
2017$29,040$1,403

History based on county public records data.

Nearby schools

4

Arrow Academy of Excellence

Public Charter KG-5

0.2 mi

645 Semmes St

3

Aspire Hanley Elementary School (ASD)

Public Charter KG-5

1.0 mi

680 Hanley St

3

Dunbar Elementary School

Public District PK-5

1.1 mi

2606 Select 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 $32,910. Typical income of Memphis, TN residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

53%
<35k
40%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 3113 Monterrey Sq in Memphis, TN and zip code 38111 in the Messick-Buntyn neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 22, 2025 and is currently priced at $213,000.

While more than 51 listings in Memphis, TN in April 2025 were sold above asking price, there were more than 116 listings sold at asking price, and more than 223 were sold below. Between March and April 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.8%.

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

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