#10178042, Listing office: Crye-Leike, Inc., REALTORS
Property details
About 691 Hillcrest St
Investor opportunity in the heart of Memphis! This charming 2-bedroom, 1-bath single-family home features 1,230 sq ft of living space on a 0.17-acre lot with hardwood and tile floors throughout. Recent upgrades include a brand-new central A/C system and coil, some LED lights, interior paint updates, and a new roof, offering peace of mind and reduced capital expenses. The property is currently tenant-occupied with a long-term resident of 9 years on a month-to-month lease, paying $750/month with market rent potential around $900/month. This is a low-maintenance, income-producing property ideal for buy-and-hold investors seeking stable cash flow and future upside. There are many updated/ complete rehab homes in the area that have helped establish a strong rental market. Long-term tenant of 9 years, please do not disturb.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingOther, Ceiling Fan(s), Central Air
BasementYes
Lot size0.17 Acres
Year built1922
ParkingDriveway/Pad,Storage Room(s)
MLS #10201731
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Dishwasher
- Basement: Yes
- Flooring Type: Hardwood Throughout, Tile, Vinyl/Luxury Vinyl Floor, Textured Ceiling
- Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s)
- Total Bedroom Count: 2
- Parking: Driveway/Pad,Storage Room(s)
- Exterior: Wrought Iron Security Drs, Porch, Wood Fence, Chain Fence
- Architectural Style: Bungalow
- Heating: Central, Natural Gas
- Cooling: Other, Ceiling Fan(s), Central Air
- List Price: $75,000
- HOA Amount: $0 Annually
- Annual Tax Amount: $496
- Tax Year: 2024
- Lot: Fencing, Level, Few Trees
- Directions: From Summer Ave, go North on Hillcrest St
- Year Built: 1922
- Stories: 1
- Lot Size: 0.17 Acres
- MLS Number: 10201731
- Office Name: STIXNBRIX
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: 7/23/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $8,150 | $496 |
| 2023 | $8,150 | $496 |
| 2022 | $8,150 | $502 |
| 2021 | $8,150 | $502 |
| 2020 | $7,075 | $512 |
| 2019 | $7,075 | $512 |
| 2018 | $7,075 | $290 |
| 2017 | $7,075 | $314 |
History based on county public records data.
Nearby schools
5
Treadwell Elementary School
Public Magnet PK-5
0.8 mi
•3538 Given Ave
3
Cornerstone Preparatory - Lester Campus
Public Charter PK-5
0.8 mi
•320 Carpenter St
5
William H. Brewster Elementary School
Public Magnet PK-5
1.1 mi
•2605 Sam Cooper 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 $26,984. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
68%
<35k
23%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing- Pro Boxing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Popeyes
What do the neighbors drive?
Buick
Kia
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 691 Hillcrest St
The listing price of 691 Hillcrest St property is $75,000.
The property 691 Hillcrest St is a house located in Memphis, Tennessee, 38112.
Active Listing: 691 Hillcrest St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 691 Hillcrest St are: Treadwell Elementary School (GreatSchools Rating 5/10), Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), William H. Brewster Elementary School (GreatSchools Rating 5/10), Treadwell Middle School (GreatSchools Rating 4/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Compass Community School Binghampton Campus (GreatSchools Rating 5/10), East High School (GreatSchools Rating 8/10), Douglass High School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $496 (source: MLS/based on county public records data).
The property at 691 Hillcrest St has 2 bedrooms and 1 bathroom.
The year of construction for 691 Hillcrest St is 1922.
This home is located at 691 Hillcrest St in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $75,000.
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. The number of homes for sale in Memphis, TN increased by 11.9% between May and June 2025. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $224,900.
From Rocket Homes Real Estate and based on county public records data.