$315,000

781 S Graham St Memphis, TN 38111

$3,741
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

  • 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: 3/14/2025, 9:20:51 AM 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

bungalow-style house featuring roof with shingles

$315,000

781 S Graham St

$3,741

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 05, 2019
Home Sold
$137,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,087. The majority of Memphis, TN residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Books-a-MillionBooks-a-Million
  • DillardsDillards

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • ToyotaToyota
  • HyundaiHyundai

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 781 S Graham St

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 $315,000.

Over 57 listings were sold over their listed price in February 2025 in Memphis, TN. In the same period over 205 listings were sold below the listed price and 73 listings were sold for the listed price. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. The median list price of listings available in February 2025 was $185,000, while the average time on the real estate market was 67 days.

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

More resources