$689 Closing Credit¹
#10185242, Listing office: CrestCore Realty MphsBrokerage
$44,500 List price
867 Polk Ave Memphis, TN 38126
$528
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
- Full Bathrooms: 1
- Flooring Type: Other (See REMARKS)
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Other
- Cooling: None
- List Price: $44,500
- Annual Tax Amount: $598
- Tax Year: 2024
- Lot: Few Trees
- Directions: From I-240W and I-69 to Lamar Ave., take Exit 29 then turn left on E.H. Crump continue onto E.H. Crump use the middle lane to turn slightly onto Walnut St. turn left onto Polk Ave. the property will be on your right.
- Year Built: 1993
- Stories: 1
- Lot Size: 0.16 Acres
- 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: 6/6/2025, 8:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$44,500
867 Polk Ave
$528
closing credit¹
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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 | $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.
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. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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?
UFC
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Church's Chicken
Cicis Pizza
What do the neighbors drive?
Buick
Cadillac
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 867 Polk Ave
The listing price of 867 Polk Ave property is $44,500.
The property 867 Polk Ave is a house located in Memphis, Tennessee, 38126.
Active Listing: 867 Polk Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 867 Polk Ave are: Bruce Elementary School (GreatSchools Rating 4/10), Memphis Delta Preparatory (GreatSchools Rating 3/10), Circles of Success Learning Academy (GreatSchools Rating 5/10), Cummings School (GreatSchools Rating 4/10), Bellevue Middle School (GreatSchools Rating 5/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Hollis F. Price Middle College (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Soulsville Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $598 (source: MLS/based on county public records data).
The property at 867 Polk Ave has 3 bedrooms and 1 bathroom.
The year of construction for 867 Polk Ave is 1993.
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 $44,500.
Over 70 listings were sold over their listed price in May 2025 in Memphis, TN. In the same period over 263 listings were sold below the listed price and 110 listings were sold for the listed price. 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.