Briscoe Ellett III

318 Simpson Ave

Memphis, TN
$ 55,000 Beds 2 Baths 1 Sq 1,200
Monthly Estimate* How much can I afford?

Schedule your viewing for this renovated 2 bed, 1 bath home. It would make an awesome investment property or owner occupant new home. It features fresh paint throughout, an updated kitchen and bathroom, and luxury vinyl plank throughout. The electrical and plumbing have been updated with all new fixtures. It has new windows and blinds. It's loceated conveniently close to LeMoyne-Owen College, George Washington Carver College & Career Academy, and Stax Museum in the heart of South Memphis. Schedule your viewing today before this one is gone. Motivated seller looking for a quick sell! Bring us an offer!

Single Family

  • Price
  • $ 55,000
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • South Memphis-61 Hwy
  • Lot Size
  • 0.12 Acres
  • Zip
  • 38106
  • Sqr Footage
  • 1,200
  • Year Built
  • 1948
  • Taxes
  • $ 173
  • Style
  • Traditional
  • MLS#
  • 10219254
Listed By: Cahltrep Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Roof Composition Shingles
Status Active
Full Baths 1
Other Rooms Laundry Room
Legal Subdivision Name TRIGG
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747B
Parcel Number 013050 00041
Status Active
Annual City Tax 85
Annual County Tax 88
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1948
Directions From EH Crump,go south on S Wellington,right on Simpson Ave,home is on the right
City Memphis
DOM 163

Interior Features

Dining Room 13x12
Living Room Separate Living Room,Separate Dining Room,Updated/Renovated Kitchen,Pantry,Vinyl/Luxury Vinyl Floor
Kitchen Dimensions 10x11
Living Room Dimensions 12x14
Bedroom 2 Dimensions 13x14
Beds 2
Total Baths 1
Fireplace Decorative Only
Number of Rooms 5
Downstairs Bedrooms 2
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Other (See REMARKS)
BEDROOM 2 DESCRIPTION Level 1,Walk-In Closet,Vinyl/Luxury Vinyl Floor

Exterior Features

Foundation Conventional
Pool None
Lot 86
Lot Size Area 0.12
Water & Sewer Electric Water Heater
Lot Size 40X139
Parking Display No
Lot Description Other (See Remarks)
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer,Wood/Composition
Misc. Exterior Wrought Iron Security Drs,Covered Patio

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

4/15/2026 Listed $90,000
5/28/2026 9% - $82,500
6/11/2026 10% - $75,000
9/22/2026 27% - $55,000

Property vs Zip Code Average in 38106

Price
AVG $90K
$60K
Taxes
AVG $857
$173
Year Built
AVG 1949
1948
Visits
AVG 72
159
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

318 Simpson Ave Memphis, TN is a Single Family Home for sale at $55000 with 1200 sqft and a lot size of 0.12 Acres Acre(s). 318 Simpson Ave Memphis has 2 bedrooms, 1 baths and was built in 1948. The property's zip code is 38106 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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