$140,000

686 Looney Ave Memphis, TN 38107

$1,663
Closing credit¹
2 beds
1 full
0.1 acres
House

Property details

About 686 Looney Ave

This 2 bed, 1 bath home delivers the perfect mix of comfort, location, and long-term value just one minute from the heart of Downtown Memphis. Whether you're a first-time buyer or working at St. Jude or Bass Pro, this home places you right in the path of growth. With new construction, restaurants, and major development all around, the area is rapidly transforming. Built with quality materials and priced competitively, this is a rare chance to secure a home in one of the city’s fastest-evolving neighborhoods.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas, Other
StatusActive
CoolingCentral Air, Other
BasementYes
Lot size0.14 Acres
Year built1947
ParkingDriveway/Pad,Storage Room(s),Workshop(s),On-Street Parking,Other (See REMARKS)
MLS #10196588
WaterfrontOther

Summary

  • Full Bathrooms: 1
  • Appliances: Range, Oven, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Smooth Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad,Storage Room(s),Workshop(s),On-Street Parking,Other (See REMARKS)
  • Waterfront: Other
  • Exterior: Wrought Iron Security Drs, Storage Building, Patio, Storage, Iron Fence, Other (See REMARKS)
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas, Other
  • Cooling: Central Air, Other
  • List Price: $140,000
  • Annual Tax Amount: $555
  • Tax Year: 2024
  • Lot: Few Trees, Level, Other
  • Directions: Headed West on I-40 Towards The Bridge, Take The Exit Towards N Danny Thomas Blvd, Follow N Until The Street Changes to Thomas St Then Turn Right Onto Looney Ave & Its the 2nd House On The Left.
  • Year Built: 1947
  • Stories: 1
  • Lot Size: 0.14 Acres
  • MLS Number: 10196588
  • Office Name: Fast Track 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: 6/2/2025, 12:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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686 Looney Ave, Memphis, TN 38107 - view of front facade featuring a porch and brick siding

$140,000

686 Looney Ave

$1,663

closing credit¹

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0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$9,125$555
2023$9,125$555
2022$9,125$562
2021$9,125$562
2020$7,050$510
2019$7,050$510
2018$7,050$289
2017$7,050$310

History based on county public records data.

Nearby schools

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

0.5 mi

230 Henry Ave

3

Memphis Scholars Caldwell-Guthrie (ASD)

Public Charter PK-5

0.7 mi

951 Chelsea Ave

3

Downtown Elementary School

Public Magnet PK-5

1.3 mi

10 N 4th 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 $27,174. Most Memphis, TN residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

62%
<35k
31%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
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?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

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

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Frequently asked questions

About 686 Looney Ave

The listing price of 686 Looney Ave property is $140,000.

The property 686 Looney Ave is a house located in Memphis, Tennessee, 38107.

Active Listing: 686 Looney Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 686 Looney Ave are: Kipp Memphis Collegiate Elementary School (GreatSchools Rating 3/10), Memphis Scholars Caldwell-Guthrie (ASD) (GreatSchools Rating 3/10), Downtown Elementary School (GreatSchools Rating 3/10), Humes Preparatory Academy (ASD) (GreatSchools Rating 4/10), Kipp Memphis Collegiate Middle School (GreatSchools Rating 5/10), Believe Memphis Academy Charter School (GreatSchools Rating 3/10), Manassas High School (GreatSchools Rating 2/10), Crosstown High School (GreatSchools Rating 5/10), Northwest Preparatory Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $555 (source: MLS/based on county public records data).

The property at 686 Looney Ave has 2 bedrooms and 1 bathroom.

The year of construction for 686 Looney Ave is 1947.

This home is located at 686 Looney Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $140,000.

Memphis, TN housing market in May 2025 saw over 70 listings sold above listed price, more than 110 sold at listed price and over 263 sold below. The number of listings in Memphis, TN increased by 11.3% between April and May 2025. In May 2025 median list price was $220,000 and the average listing age was 10 days.

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

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