$45,000

867 Polk Ave Memphis, TN 38126

$534
Closing credit¹
3 beds
1 full
0.2 acres
House

Property details

About 867 Polk Ave

Investors Only! Here's a solid investment opportunity, especially with New South Memphis growing. The home has good structural, a full rehab is needed and could significantly increase its value, particularly given it's less than ten minutes to Beale Street. Are you considering resale or holding for rental (market rate avg $1350) With the area growing, either strategy could yield strong returns. The Seller has two vacant lots on each side of the property that are for sale. The Seller prefers to sale the property with the two lots as a package, or The Buyer can purchase each parcel individually. CASH offers only, no wholesalers and no assignments.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
Lot size0.16 Acres
Year built1993
ParkingOther (See REMARKS)
MLS #10191027

Summary

  • MLS Number: 10191027
  • Office Name: 4 Success 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: 3/6/2025, 5:20:52 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 facade featuring a fenced front yard

$45,000

867 Polk Ave

$534

closing credit¹

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Seller rebate

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$9,825$598
2023$9,825$598
2022$9,825$605
2021$9,825$605
2020$7,275$527
2019$7,275$527
2018$7,275$299
2017$7,275$317

History based on county public records data.

Nearby schools

4

Bruce Elementary School

Public District PK-5

0.6 mi

581 S Bellevue Blvd

3

Memphis Delta Preparatory

Public Charter KG-5

1.0 mi

1237 College St

5

Circles of Success Learning Academy

Public Charter KG-5

1.4 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 $16,549. The most common annual income of people living in Memphis, TN is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

85%
<35k
7%
35k-100k
6%
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?

57%
Single, No Kids
31%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 867 Polk Ave

This home is located at 867 Polk Ave in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $45,000.

In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between January and February 2025 increased by 13.5%. In February 2025 median list price was $185,000 and the average listing age was 67 days.

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

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