#10185434, Listing Office: Crye-Leike, Inc., REALTORS
940 Philadelphia Ave Memphis, TN 38104
Property details
About 940 Philadelphia Ave
LOCATION, Location, charm, and income potential in Cooper Young! Discover this rare gem— built in 2005, offering modern amenities and timeless style, just steps away from the vibrant restaurants and shops of Cooper Young. MOVE-IN CONDITION! This home is being sold fully furnished—everything is included, so there’s nothing to do but move in or start earning with this turnkey Airbnb property. Currently operating as a successful short-term rental, it’s both a fantastic investment opportunity and an ideal personal residence. This 3-bedroom, 2.5-bath home boasts high ceilings, an open floor plan, and abundant natural light throughout. The ground-level primary suite provides a peaceful retreat, while the upstairs features two spacious bedrooms with walk-in closets and a split floor plan for added privacy. The cook’s kitchen seamlessly connects to the living and dining areas, making it perfect for entertaining guests. Outside, enjoy the fully fenced backyard, complete with gated parking.
Highlights
Summary
- MLS Number: 10188165
- Office Name: Crye-Leike, Inc., REALTORS
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Last updated on: 3/15/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$369,900
940 Philadelphia Ave
$4,393
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Peabody Elementary School
Public Magnet PK-5
0.4 mi
•2086 Young Ave
3
Aspire Hanley Elementary School (ASD)
Public Charter KG-5
0.7 mi
•680 Hanley St
3
Dunbar Elementary School
Public District PK-5
1.1 mi
•2606 Select Ave
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 $42,606. Typical income of Memphis, TN residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 940 Philadelphia Ave
This home is located at 940 Philadelphia Ave in Memphis, TN and zip code 38104 in the Cooper Young neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $369,900.
In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. While the average time on the market in February 2025 was 67 days, the median list price was $185,000.