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$765,000

361 Walker Ave Memphis, TN 38126

Multi-Family

Property details

About 361 Walker Ave

Attention Investors! Don’t miss this incredible opportunity to own a fully updated apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and long-term stability. The property has lots of lights and security cameras. This is a fantastic addition to any investment portfolio, offering instant income potential, a recent update throughout, and a stable tenant history. Act fast—opportunities like this don’t last long. Make your offer today!

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1966
ParkingConcrete
MLS #10201381

Summary

  • Appliances: Refrigerator, Range, Oven
  • Basement: Yes
  • Flooring Type: Vinyl Floor
  • Parking: Concrete
  • Heating: Electric
  • Cooling: Wall/Window Unit(s)
  • List Price: $765,000
  • Annual Tax Amount: $6,345
  • Tax Year: 2024
  • Directions: See GPS
  • Year Built: 1966
  • Stories: 2
  • MLS Number: 10201381
  • Office Name: KAIZEN 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: 7/23/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 02, 2020
Home Sold
$245,000

Tax history

YearAssessmentProperty Tax
2024$104,160$6,345
2023$104,160$6,345
2022$104,160$6,419
2021$104,160$6,419
2020$32,760$2,373
2019$32,760$2,373
2018$32,760$1,346
2017$32,760$1,361

History based on county public records data.

Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

0.7 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

1.2 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 $22,981. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
29%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
29%
Single, with Kids
4%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 361 Walker Ave

The listing price of 361 Walker Ave property is $765,000.

The property 361 Walker Ave is a multi located in Memphis, Tennessee, 38126.

Active Listing: 361 Walker Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 361 Walker Ave are: A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Soulsville Charter School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $6,345 (source: MLS/based on county public records data).

The last sale was on June 2, 2020 for $245,000 (source: MLS/tax record).

The year of construction for 361 Walker Ave is 1966.

This home is located at 361 Walker Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $765,000.

In June 2025 more than 73 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 219 were sold below. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. In June 2025 median list price was $224,900 and the average listing age was 35 days.

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

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