$3,325 Closing Credit¹
#2819893, Matthew Engesath, Listing office: ListingSpark
$550,000 List price
486 E Georgia Ave Memphis, TN 38126
$6,531
Closing credit¹
Condo
Property details
About 486 E Georgia Ave
Fully Renovated & Fully Occupied 10 Unit Apartment Building~Each Apartment is 2BR/1BA~Each Unit Recently Renovated~All Tenants on Month-to-Month Lease~No Showings without Accepted Offer~Please Do Not Disturb Tenants
Highlights
Home typeCondominium
HeatingNatural Gas
StatusActive
BasementYes
Year built1966
ParkingConcrete
MLS #10195295
Summary
- Basement: Yes
- Flooring Type: Tile, Vinyl Floor, Dry Wall, 8 Feet
- Parking: Concrete
- Heating: Natural Gas
- Cooling: None
- List Price: $550,000
- Annual Tax Amount: $1,077
- Tax Year: 2024
- Directions: North on Mississippi Blvd~Left on E Georgia Ave~Building on Right
- Year Built: 1966
- Stories: 2
- MLS Number: 10195295
- Office Name: Real Estate Agency
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: 6/5/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
486 E Georgia Ave
$6,531
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 20, 2015 | Home Sold | $20,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $17,680 | $1,077 |
| 2023 | $17,680 | $1,077 |
| 2022 | $17,680 | $1,089 |
| 2021 | $17,680 | $1,089 |
| 2020 | $16,480 | $1,194 |
| 2019 | $16,480 | $1,194 |
| 2018 | $16,480 | $677 |
| 2017 | $16,480 | $679 |
History based on county public records data.
Nearby schools
3
Downtown Elementary School
Public Magnet PK-5
1.0 mi
•10 N 4th St
3
A. B. Hill Elementary School
Public District PK-5
1.4 mi
•345 E Olive Ave
4
Bruce Elementary School
Public District PK-5
1.4 mi
•581 S Bellevue 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 $9,783. Most Memphis, TN residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
93%
<35k
6%
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?
69%
Single, No Kids
28%
Single, with Kids
2%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating
NBA/WNBA
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Starbucks
What do the neighbors drive?
Buick
Cadillac
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 486 E Georgia Ave
The listing price of 486 E Georgia Ave property is $550,000.
The property 486 E Georgia Ave is a condo located in Memphis, Tennessee, 38126.
Active Listing: 486 E Georgia Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 486 E Georgia Ave are: Downtown Elementary School (GreatSchools Rating 3/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Bruce Elementary School (GreatSchools Rating 4/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Memphis Grizzlies Preparatory Charter School (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 $1,077 (source: MLS/based on county public records data).
The last sale was on July 20, 2015 for $20,000 (source: MLS/tax record).
The property at 486 E Georgia Ave has 0 bathroom.
The year of construction for 486 E Georgia Ave is 1966.
This home is located at 486 E Georgia Ave in Memphis, TN and zip code 38126 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $550,000.
While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. In May 2025 in Memphis, TN there were 11.3% more homes for sale than in April. While the average time on the market in May 2025 was 10 days, the median list price was $220,000.
From Rocket Homes Real Estate and based on county public records data.