$1,063 Closing Credit¹
#10188163, Listing Office: Crye-Leike, Inc., REALTORS
$87,900 List price
3497 Steele St Memphis, TN 38127
$1,044
Closing credit¹
3 beds
1 full
0.6 acres
House
Property details
About 3497 Steele St
Great addition to rental portfolio. New Roof and exterior paint! Brick 3br/1ba home. CH/A; Home is in need of cosmetic repairs but is overall solid. Previously rented for $750/month but could rent for $995 with upgrades. Property is sold "as is" for cash. No wholesalers, assignments or blind offers. Please go view the property. Offers with minimal contingencies given highest priority. Call or text agent for access information or go to Broker bay.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.56 Acres
Year built1964
ParkingDriveway/Pad
MLS #10193352
FireplaceOther (See Remarks)
Summary
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Vinyl/Luxury Vinyl Floor
- Fireplace: Other (See Remarks)
- Total Bedroom Count: 3
- Parking: Driveway/Pad
- Exterior: Wrought Iron Security Drs, Chain Fence
- Architectural Style: Traditional
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $87,900
- Annual Tax Amount: $823
- Tax Year: 2024
- Lot: Few Trees, Level, Fencing
- Directions: West on Frayser Blvd from Watkins; Right on Steele; Property located on the left.
- Year Built: 1964
- Stories: 1
- Lot Size: 0.56 Acres
- MLS Number: 10193352
- Office Name: Leco Realty, Inc.
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: 6/3/2025, 7:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$87,900
3497 Steele St
$1,044
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 29, 2008 | Home Sold | $25,500 |
| Sep 12, 2001 | Home Sold | $54,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,525 | $823 |
| 2023 | $13,525 | $823 |
| 2022 | $13,525 | $833 |
| 2021 | $13,525 | $833 |
| 2020 | $10,700 | $775 |
| 2019 | $10,700 | $775 |
| 2018 | $10,700 | $439 |
| 2017 | $10,700 | $510 |
History based on county public records data.
Nearby schools
3
Corning Achievement Elementary School (ASD)
Public District PK-5
0.6 mi
•1662 Dabbs Ave
4
Frayser Achievement Elementary School (ASD)
Public District PK-5
0.6 mi
•1602 Dellwood Ave
6
Cornerstone Prep Denver Campus (ASD)
Public Charter PK-5
1.0 mi
•1940 Frayser Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,139. Most Memphis, TN residents have annual incomes between $35k-100k. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
52%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
26%
Single, No Kids
56%
Single, with Kids
9%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
34%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
25%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3497 Steele St
The listing price of 3497 Steele St property is $87,900.
The property 3497 Steele St is a house located in Memphis, Tennessee, 38127.
Active Listing: 3497 Steele St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3497 Steele St are: Corning Achievement Elementary School (ASD) (GreatSchools Rating 3/10), Frayser Achievement Elementary School (ASD) (GreatSchools Rating 4/10), Cornerstone Prep Denver Campus (ASD) (GreatSchools Rating 6/10), Compass Community School Frayser Campus (GreatSchools Rating 5/10), Westside Achievement Middle School (ASD) (GreatSchools Rating 3/10), Memphis Business Academy Middle School (GreatSchools Rating 4/10), 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 $823 (source: MLS/based on county public records data).
The last sale was on May 29, 2008 for $25,500 (source: MLS/tax record).
The property at 3497 Steele St has 3 bedrooms and 1 bathroom.
The year of construction for 3497 Steele St is 1964.
This home is located at 3497 Steele St in Memphis, TN and zip code 38127 in the Frayser neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $87,900.
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%. In May 2025 median list price was $220,000 and the average listing age was 10 days.
From Rocket Homes Real Estate and based on county public records data.