2506 Winnona Ave

Memphis, TN
$ 149,000 Beds 4 Baths 2 Sq 1,007
Monthly Estimate* How much can I afford?

Huge Price Improvement! Attention Investors: Beat 1% rule! Renovated 4-bedroom-1-bath home with Section 8 tenant. This property presents a great opportunity for investors looking to generate rental income. The home offers a functional layout with four bedrooms, providing plenty of space and flexibility. Whether you're expanding your rental portfolio or looking for a property with strong income potential, this is an opportunity worth considering. Please do not disturb the tenant. New roof, new furnace, and new kitchen. Lease ends 8/7/2026, $1550 collected monthly in rent.

Single Family

  • Price
  • $ 149,000
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Vollintine-Northside
  • Lot Size
  • Zip
  • 38108
  • Sqr Footage
  • 1,007
  • Year Built
  • 1950
  • Taxes
  • $ 1626
  • Style
  • Traditional
  • MLS#
  • 10216459
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name Vanndale Blk 0
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 7420
Parcel Number 042049 00027
Status Active
Annual City Tax 796
Annual County Tax 830
Sale/Rent For Sale
Area Vollintine/Northside
Service Type Full Service Listing
Neighborhood Association None
Year Built 1950
Directions Take Chelsea Ave and make a Right and then right on N. Hollywood. Take Right on Norman and home will be on the Right.
City Memphis
DOM 199

Interior Features

Living Room Separate Living Room
Beds 4
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 3
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot Size 3600
Parking Display No
Lot Description Other (See Remarks)
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
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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

3/10/2026 Listed $175,000
3/24/2026 1% - $174,000
4/16/2026 15% - $149,000

Property vs Zip Code Average in 38108

Price
AVG $120K
$150K
Taxes
AVG $888
$1,626
Year Built
AVG 1951
1950
Visits
AVG 140
206
Data Provided by Inside Real Estate®

2506 Winnona Ave Memphis, TN is a Single Family Home for sale at $149000 with 1007 sqft and a lot size of Acre(s). 2506 Winnona Ave Memphis has 4 bedrooms, 2 baths and was built in 1950. The property's zip code is 38108 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.