$237,900

505 S Prescott St Memphis, TN 38111

$2,825
Closing credit¹
2 beds
1 full
0.2 acres
House

Property details

About 505 S Prescott St

Charming Midtown Bungalow Near UofM. Discover the perfect blend of historic charm and modern convenience in this beautifully maintained East Buntyn bungalow. Ideally located near restaurants, and shopping, this home features priceless hardwood floors full of character, abundant natural light, and a welcoming front porch. Inside, the updated eat-in kitchen offers both style and functionality, with ample cabinet space and easy access to a washer/dryer hookup. The renovated bathroom adds a fresh, modern touch while maintaining the home’s original charm. Cozy up by the ventless gas logs in the living area and enjoy the convenience of driveway parking with covered space access to the front porch. Situated on a spacious lot, this property provides plenty of room to expand. The fenced-in backyard offers privacy, including a detached storage unit. Don’t miss this true Midtown charmer!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Lot size0.22 Acres
Year built1930
ParkingDriveway/Pad
MLS #10193841
FireplaceVentless Gas Fireplace, Gas Starter, Gas Logs

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Oven, Disposal, Dishwasher
  • Flooring Type: Hardwood Throughout
  • Interior: Pull Down Attic Stairs
  • Fireplace: Ventless Gas Fireplace, Gas Starter, Gas Logs
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad
  • Exterior: Wood Fence, Chain Fence, Storage
  • Architectural Style: Traditional, Bungalow
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $237,900
  • Annual Tax Amount: $2,853
  • Tax Year: 2024
  • Lot: Few Trees, Level, Fencing
  • Directions: From Central Avenue turn south on Prescott. House is on the right, south of midland.
  • Year Built: 1930
  • Stories: 1
  • Lot Size: 0.22 Acres
  • MLS Number: 10193841
  • 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: 5/13/2025, 5:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style house with a chimney, an attached carport, a front yard, brick siding, and a porch

$237,900

505 S Prescott St

$2,825

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$46,850$2,853
2023$46,850$2,853
2022$46,850$2,887
2021$46,850$2,887
2020$34,950$2,532
2019$34,950$2,532
2018$34,950$1,436
2017$34,950$1,273

History based on county public records data.

Nearby schools

4

Arrow Academy of Excellence

Public Charter KG-5

0.7 mi

645 Semmes St

10

Campus Elementary School

Public District KG-5

0.8 mi

535 Zach Curlin

3

Sherwood Elementary School

Public Magnet PK-5

1.3 mi

1156 Robin Hood Ln

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 $64,509. The most common annual income of people living in Memphis, TN is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
42%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
4%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
37%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • NBA/WNBANBA/WNBA
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • H&MH&M
  • New York & CompanyNew York & Company
  • Chico'sChico's

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • AudiAudi
  • InfinitiInfiniti
  • KiaKia

What do the neighbors listen to?

  • AlternativeAlternative
  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 505 S Prescott St

The listing price of 505 S Prescott St property is $237,900.

The property 505 S Prescott St is a house located in Memphis, Tennessee, 38111.

Active Listing: 505 S Prescott St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 S Prescott St are: Arrow Academy of Excellence (GreatSchools Rating 4/10), Campus Elementary School (GreatSchools Rating 10/10), Sherwood Elementary School (GreatSchools Rating 3/10), Sherwood Middle School (GreatSchools Rating 2/10), University Middle School (GreatSchools Rating 6/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), East High School (GreatSchools Rating 8/10), Melrose High School (GreatSchools Rating 1/10), Middle College High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $2,853 (source: MLS/based on county public records data).

The property at 505 S Prescott St has 2 bedrooms and 1 bathroom.

The year of construction for 505 S Prescott St is 1930.

This home is located at 505 S Prescott St in Memphis, TN and zip code 38111 in the East Buntyn neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $237,900.

Over 51 listings were sold over their listed price in April 2025 in Memphis, TN. In the same period over 223 listings were sold below the listed price and 116 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 13.8% between March and April 2025.

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

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