#10199011, Listing office: Keller Williams
Property details
About 871 University St
Investors! Amazing opportunity to add this to your portfolio! Across the street from Rhodes College! This property has been a solid rental investment for the Owner. The house has been cleaned out but will need updates and is being sold AS IS. Priced accordingly at $80 a sq foot. New HVAC system was installed for the first floor in 2025. Roof is approximately 10 years old. Mini split system on second floor was installed in 2021.
Highlights
Home typeSingle Family Residence
HeatingCentral, Other
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1928
ParkingDriveway/Pad
MLS #10200592
WaterfrontOther
FireplacePresently Inoperative, Decorative Only, In Living Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Flooring Type: Tile, Other (See REMARKS)
- Fireplace: Presently Inoperative, Decorative Only, In Living Room
- Total Bedroom Count: 4
- Parking: Driveway/Pad
- Waterfront: Other
- Exterior: Screen Porch
- Architectural Style: Traditional
- Heating: Central, Other
- Cooling: Central Air
- List Price: $229,000
- Annual Tax Amount: $4,716
- Tax Year: 2024
- Lot: Other
- Directions: West on N Parkway, Right on University
- Year Built: 1928
- Stories: 1
- Lot Size: 0.17 Acres
- MLS Number: 10200592
- Office Name: The Restivo Group, REALTORS
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: 8/1/2025, 7:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 31, 2014 | Home Sold | $130,000 |
| Sep 16, 2013 | Home Sold | $138,200 |
| Mar 21, 2013 | Home Sold | $135,000 |
| Dec 21, 2011 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $77,425 | $4,716 |
| 2023 | $77,425 | $4,716 |
| 2022 | $77,425 | $4,771 |
| 2021 | $77,425 | $4,771 |
| 2020 | $51,725 | $3,747 |
| 2019 | $51,725 | $3,747 |
| 2018 | $51,725 | $2,125 |
| 2017 | $51,725 | $2,035 |
History based on county public records data.
Nearby schools
2
Vollentine Elementary School
Public Magnet PK-5
0.6 mi
•1682 Vollintine Ave
5
Springdale Elementary School
Public Magnet PK-5
0.9 mi
•880 N Hollywood St
4
Promise Academy
Public Charter KG-5
1.3 mi
•1346 Bryan St
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 $77,174. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
57%
35k-100k
24%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
5%
Single, with Kids
28%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Minor League Baseball Games
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
New York & Company
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Chick-fil-A
Boston Market
Chipotle
What do the neighbors drive?
Kia
Volvo
Mazda
What do the neighbors listen to?
Talk/Personality
Rock- Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 871 University St
The listing price of 871 University St property is $229,000.
The property 871 University St is a house located in Memphis, Tennessee, 38107.
Active Listing: 871 University St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 871 University St are: Vollentine Elementary School (GreatSchools Rating 2/10), Springdale Elementary School (GreatSchools Rating 5/10), Promise Academy (GreatSchools Rating 4/10), Kipp Memphis Middle Academy (GreatSchools Rating 3/10), Snowden School (GreatSchools Rating 3/10), Believe Memphis Academy Charter School (GreatSchools Rating 3/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10), Crosstown High School (GreatSchools Rating 5/10), Compass Community School Midtown Campus (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $4,716 (source: MLS/based on county public records data).
The last sale was on March 31, 2014 for $130,000 (source: MLS/tax record).
The property at 871 University St has 4 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 871 University St is 1928.
This home is located at 871 University St in Memphis, TN and zip code 38107 in the Vollintine-Evergreen neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 5, 2025 and is currently priced at $229,000.
Over 67 listings were sold over their listed price in July 2025 in Memphis, TN. In the same period over 270 listings were sold below the listed price and 113 listings were sold for the listed price. The number of homes for sale in Memphis, TN increased by 9.5% between June and July 2025. The median list price of listings available in July 2025 was $212,210, while the average time on the real estate market was 114 days.
From Rocket Homes Real Estate and based on county public records data.