$369,900

940 Philadelphia Ave Memphis, TN 38104

$4,393
Closing credit¹
3 beds
2 full, 1 partial
0.1 acres
House

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

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.12 Acres
Year built2005
ParkingDriveway/Pad
MLS #10188165

Summary

  • MLS Number: 10188165
  • Office Name: Crye-Leike, Inc., 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: 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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view of front facade with a garage, a porch, an outbuilding, and a front lawn

$369,900

940 Philadelphia Ave

$4,393

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

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.

How much money do the neighbors make?

39%
<35k
47%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
7%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
2%
12-17 yrs old
41%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • DodgeDodge
  • VolkswagenVolkswagen
  • PontiacPontiac

What do the neighbors listen to?

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

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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.

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

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