$99,500

862 S Lauderdale St S Memphis, TN 38126

$1,182
Closing credit¹
3 beds
2 full
0.2 acres
House

Property details

About 862 S Lauderdale St S

Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.18 Acres
Year built1917
ParkingDriveway/Pad
MLS #10168024

Summary

  • MLS Number: 10168024
  • Office Name: Tiger Realty

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: 3/6/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$99,500

862 S Lauderdale St S

$1,182

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

3

A. B. Hill Elementary School

Public District PK-5

1.0 mi

345 E Olive Ave

3

Memphis Delta Preparatory

Public Charter KG-5

1.0 mi

1237 College St

5

Circles of Success Learning Academy

Public Charter KG-5

1.2 mi

867 S Parkway E

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 $25,116. Residents of Memphis, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

77%
<35k
22%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
29%
Single, with Kids
5%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
12%
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
  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

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

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Frequently asked questions

About 862 S Lauderdale St S

This home is located at 862 S Lauderdale St S in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $99,500.

While more than 57 listings in Memphis, TN in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 205 were sold below. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. 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.

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