$3,669 Closing Credit¹
#10179294, Listing office: KAIZEN Realty, LLC
$299,000 List price
781 S Graham St Memphis, TN 38111
$3,551
Closing credit¹
5 beds
2 full
0.2 acres
House
Property details
About 781 S Graham St
Prime investment opportunity in the University of Memphis area! This fully renovated 5-bedroom, 2-bathroom home offers exceptional rental income potential. Previously a duplex, the property has been completely restructured into a single-family residence, maximizing living space and functionality. Recent updates include new flooring, new drywall, new HVAC, a new hot water heater, and new appliances, ensuring low maintenance for years to come. The home features two separate living areas, providing additional flexibility for tenants. Located within walking distance to the University of Memphis, this property is ideal for student housing or co-living arrangements. Rental rates in the area range from $700 to $800 per room, creating a potential gross income of $3,500 to $4,000 per month. A turnkey investment with strong cash flow potential—don’t miss this opportunity!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
BasementYes
Lot size0.19 Acres
Year built1944
ParkingDriveway/Pad, Garage
MLS #10191866
Virtual tour
Summary
- Full Bathrooms: 2
- Basement: Yes
- Flooring Type: Wood Laminate Floors, Tile
- Total Bedroom Count: 5
- Parking: Driveway/Pad, Garage
- Exterior: Storage Building, Patio
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $299,000
- Annual Tax Amount: $1,955
- Tax Year: 2024
- Lot: Level
- Directions: From Poplar Ave head South onto Goodlett. St. Turn right onto Douglass. Property will be on your right.
- Year Built: 1944
- Stories: 1
- Lot Size: 0.19 Acres
- MLS Number: 10191866
- Office Name: SimpliHOM
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: 6/4/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$299,000
781 S Graham St
$3,551
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 05, 2019 | Home Sold | $137,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $32,100 | $1,955 |
| 2023 | $32,100 | $1,955 |
| 2022 | $32,100 | $1,978 |
| 2021 | $32,100 | $1,978 |
| 2020 | $20,225 | $1,407 |
| 2019 | $19,425 | $1,407 |
| 2018 | $19,425 | $798 |
| 2017 | $19,425 | $822 |
History based on county public records data.
Nearby schools
10
Campus Elementary School
Public District KG-5
0.6 mi
•535 Zach Curlin
3
Sherwood Elementary School
Public Magnet PK-5
0.9 mi
•1156 Robin Hood Ln
5
Leadership Preparatory Charter School
Public Charter KG-6
1.7 mi
•4190 Elliston Rd
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 $44,087. Typical income of Memphis, TN residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
57%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
16%
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
53%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
College Basketball
Where do the neighbors shop?
Family Dollar
Books-a-Million
Dillards
Where do the neighbors go to eat?
White Castle
Church's Chicken
Logan's Roadhouse
What do the neighbors drive?
Chevrolet
Toyota
Hyundai
What do the neighbors listen to?
Rock
Adult Hits
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 781 S Graham St
The listing price of 781 S Graham St property is $299,000.
The property 781 S Graham St is a house located in Memphis, Tennessee, 38111.
Active Listing: 781 S Graham St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 781 S Graham St are: Campus Elementary School (GreatSchools Rating 10/10), Sherwood Elementary School (GreatSchools Rating 3/10), Leadership Preparatory Charter School (GreatSchools Rating 5/10), University Middle School (GreatSchools Rating 6/10), Sherwood Middle School (GreatSchools Rating 2/10), Colonial Middle School (GreatSchools Rating 4/10), White Station High School (GreatSchools Rating 8/10), East High School (GreatSchools Rating 8/10), Melrose High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,955 (source: MLS/based on county public records data).
The last sale was on August 5, 2019 for $137,000 (source: MLS/tax record).
The property at 781 S Graham St has 5 bedrooms and 2 bathrooms.
The year of construction for 781 S Graham St is 1944.
This home is located at 781 S Graham St in Memphis, TN and zip code 38111 in the Normal Station neighborhood. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $299,000.
While more than 70 listings in Memphis, TN in May 2025 were sold above asking price, there were more than 110 listings sold at asking price, and more than 263 were sold below. The inventory of homes for sale in Memphis, TN between April and May 2025 increased by 11.3%. In May 2025, listings were on the market for 10 days. During the same period, the median list price in this real estate market was $220,000.
From Rocket Homes Real Estate and based on county public records data.