862 South Lauderdale Street

Memphis, TN 38126

$99,500
Price
3
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!
  1. Listed by James Hooker • Tiger Realty

Property Details for 862 South Lauderdale Street

Area
745E
Style
Traditional
MAAR Subdivision Name
ALSTON
Legal Subdivision Name
ALSTON
LISTING UPDATED: 01/31/2025 09:31 AM

Property Details for 862 South Lauderdale Street

StatusActive
MLS #10168024
Days on Market341
Taxes$472 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1917
Lot Size0.18 AC / 7,840 SF
CountyShelby County

Building Information for 862 South Lauderdale Street

Stories1Year Built1917Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 862 South Lauderdale Street

Summary
Location and General Information
  • Address: 862 S LAUDERDALE ST S
  • Address Search Number: 862
  • Directions: From 240 heading South take exit 29, From there take a left on S Lauderdale. Home is on the left
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 03-16-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: E
  • MLS Map Num: South Bluffs/Downtown
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 03-15-2024
Property
Lot Information
  • Lot Size: 51X157
  • Acreage: .18
  • Lot Num: 5
  • Lot Description: Chain Fenced
  • Parcel ID: 025006 00034
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Other (See REMARKS)
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Wood/Composition
  • Misc Exterior: Porch
  • Pool Description: None
Interior Features
  • 1st Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2 or More Baths
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: X
  • Dining Room Dimensions: X
  • Floors/Ceilings: Hardwood Throughout
  • Heating: Other (See REMARKS)
  • Interior Equipment: Range/Oven
  • Living Room Dimensions: X
  • Living/Dining/Kitchen: Separate Dining Room, Washer/Dryer Connections
  • Total Baths: 2

Property History for 862 South Lauderdale Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 862 South Lauderdale Street

Taxable ValueLand$875Additions$6,875Total$7,750
Tax Record2023$472 ($39 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,289 SqFtAbove Grade Finished SqFt1,289 SqFtStories1Lot Size8,102 SqFtStyleSingle Family ResidenceYear Built1917ZoningRU-3CountySHELBYAPN025-006- - -00034Fireplace TypeHas Fireplace

Schools near 862 South Lauderdale Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Larose Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Ida B Wells Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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862 South Lauderdale Street is a single family home for sale in Memphis, TN 38126. This property was listed for sale on March 15, 2024 by Tiger Realty, it's currently listed at $99,500. It has been on the market for a total of 341 days and was last sold on October 28, 2023. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Larose Elementary School, B T Washington High School and Ida B Wells Academy. 862 South Lauderdale Street is a 3-bed, 2-bath, single family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tiger Realty