#10199333, Listing office: Sowell, Realtors
Property details
About 487 Williams Ave
BACK ON MARKET - 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and need light renovation to make rent ready. Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Year built1964
ParkingGravel, Detached, More Than 1 Per Unit
MLS #10197300
Summary
- Basement: Yes
- Flooring Type: Partial Carpet
- Parking: Gravel, Detached, More Than 1 Per Unit
- Heating: Central
- Cooling: Central Air
- List Price: $420,000
- Annual Tax Amount: $1,235
- Tax Year: 2024
- Directions: Get on I-240 W. Get on I-240 W. Merge onto Cummings St. Turn left onto E McLemore Ave. Turn right onto S Wellington St. Turn right onto Williams Ave.
- Year Built: 1964
- MLS Number: 10197300
- Office Name: KAIZEN Realty, LLC
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 12:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 09, 2020 | Home Sold | $167,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $20,280 | $1,235 |
| 2023 | $20,280 | $1,235 |
| 2022 | $20,280 | $1,249 |
| 2021 | $20,280 | $1,249 |
| 2020 | $18,920 | $1,370 |
| 2019 | $18,920 | $1,370 |
| 2018 | $18,920 | $777 |
| 2017 | $18,920 | $779 |
History based on county public records data.
Nearby schools
3
A. B. Hill Elementary School
Public District PK-5
0.9 mi
•345 E Olive Ave
3
Memphis Delta Preparatory
Public Charter KG-5
1.0 mi
•1237 College St
5
Circles of Success Learning Academy
Public Charter KG-5
1.2 mi
•867 S Parkway E
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 $25,116. Most Memphis, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
77%
<35k
22%
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?
62%
Single, No Kids
29%
Single, with Kids
5%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Golden Corral
What do the neighbors drive?
Buick
Cadillac
Kia
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 487 Williams Ave
The listing price of 487 Williams Ave property is $420,000.
The property 487 Williams Ave is a multi located in Memphis, Tennessee, 38126.
Active Listing: 487 Williams Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 487 Williams Ave are: A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), 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 $1,235 (source: MLS/based on county public records data).
The last sale was on July 9, 2020 for $167,000 (source: MLS/tax record).
The year of construction for 487 Williams Ave is 1964.
This home is located at 487 Williams Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $420,000.
Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.