Briscoe Ellett III

1039 Lagrange Ave

Memphis, TN
$ 198,000 Beds 4 Baths 2 Sq 1,251
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 4-bedroom, 2-bath single-family home is currently generating $1,500month in rental income. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Single Family

  • Price
  • $ 198,000
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Harbor Town-Downtown
  • Lot Size
  • 0.16 Acres
  • Zip
  • 38107
  • Sqr Footage
  • 1,251
  • Year Built
  • 1922
  • Taxes
  • $ 667
  • Style
  • Traditional
  • MLS#
  • 10196682
Listed By: Foundation Property Management
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name RESIDENT HEIGHTS SD
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 741D
Parcel Number 021029 00030
Status Active
Annual City Tax 324
Annual County Tax 343
Sale/Rent For Sale
Area Harbor Town/Downtown
Service Type Full Service Listing
Neighborhood Association None
Year Built 1922
Directions From Jackson Ave,head North to Breedlove St,then head west to Lagrange Ave. The house is on the left.
City Memphis
DOM 493

Interior Features

Living Room Separate Dining Room
Beds 4
Total Baths 2
Number of Rooms 4
Heated SqFt 1200-1399
Downstairs Bedrooms 4
FLOORS/CEILINGS Part Carpet

Exterior Features

Pool None
Lot 10
Lot Size Area 0.16
Lot Size 50X148
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Wood/Composition
Misc. Exterior Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/13/2026 Listed $198,000

Property vs Zip Code Average in 38107

Price
AVG $170K
$200K
Taxes
AVG $7,111
$667
Year Built
AVG 1937
1922
Visits
AVG 97
10
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1039 Lagrange Ave Memphis, TN is a Single Family Home for sale at $198000 with 1251 sqft and a lot size of 0.16 Acres Acre(s). 1039 Lagrange Ave Memphis has 4 bedrooms, 2 baths and was built in 1922. The property's zip code is 38107 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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