519 Simpson Ave Memphis, TN 38106
Property details
About 519 Simpson Ave
Investor's Dream! Don’t miss out on this six-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom. Can potentially generate $7,080 in monthly rental income, with section 8 tenants. Each unit has its own electric meter, keeping expenses streamlined.
Highlights
Summary
- MLS Number: 10194705
- Office Name: Fast Track Realty, LLC
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Last updated on: 4/24/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$370,000
519 Simpson Ave
$4,394
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 04, 2021 | Home Sold | $190,000 |
| Jul 07, 2021 | Home Sold | $155,000 |
| Jul 07, 2021 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $19,440 | $1,184 |
| 2023 | $19,440 | $1,184 |
| 2022 | $19,440 | $527 |
| 2021 | $19,440 | $527 |
| 2020 | $18,200 | $1,318 |
| 2019 | $18,200 | $1,318 |
| 2018 | $18,200 | $748 |
| 2017 | $18,200 | $756 |
History based on county public records data.
Nearby schools
3
A. B. Hill Elementary School
Public District PK-5
0.5 mi
•345 E Olive Ave
3
Memphis Delta Preparatory
Public Charter KG-5
0.8 mi
•1237 College St
5
Circles of Success Learning Academy
Public Charter KG-5
0.8 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 $22,303. Residents of Memphis, TN typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
About 519 Simpson Ave
This home is located at 519 Simpson Ave in Memphis, TN and zip code 38106 in the South Memphis neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $370,000.
In March 2025, from all listings sold in Memphis, TN there were more than 46 sold above asking price, over 216 sold below and more than 105 were sold right at the asked price. The number of listings in Memphis, TN increased by 14.8% between February and March 2025.