2997 Walnut Grove Rd

Memphis, TN
$ 59,900 Beds 2 Baths 1 Sq 745
Monthly Estimate* How much can I afford?

Experience Gated Living in a quiet community for an unbelievably affordable price. Walnut Grove Co-op is Truly a little gem of a community hidden in East Memphis. Two bedrooms, 1 bath, with hardwood floors and renovated kitchen. This unit has 1 new high eff. HVAC system 2024 furnace and compressor. New gas hot water heater 2022, high efficiency storm windows throughout, new kitchen cabinets, floor and tile floor, garbage disposal. HOA $350 a month. All Property taxes, all exterior maintenance, grounds keeping, trash pickup, and water are included in the HOA fees! This Co-op Community is fiscally healthy and all units have new roofs and most units have new sewer lines! Storage space in attic. One of 3 Co-op communities in Memphis! Welcome home!

Single Family

  • Price
  • $ 59,900
  • City
  • Memphis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Chickasaw Gardens
  • Lot Size
  • Zip
  • 38111
  • Sqr Footage
  • 745
  • Year Built
  • 1954
  • Style
  • Traditional
  • MLS#
  • 10219521
Listed By: Hobson, REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central,Gas
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name Walnut Grove Apartments
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Attached Single Family
Condo No
Area 7540
Unit Number 3
Status Active
Sale/Rent For Sale
Area Chickasaw Gardens
Service Type Full Service Listing
Neighborhood Association Mandatory
Year Built 1954
Directions Heading west on Poplar Ave,make a right onto S Grove Park Rd,then a left onto Walnut Grove Rd,enter into neighborhood at second gated entrance.
City Memphis
DOM 160

Interior Features

Living Room Separate Living Room,W/D Connection in Kitchen
Beds 2
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 2
FLOORS/CEILINGS Hardwood Throughout,Part Hardwood,Tile

Exterior Features

Pool None
Parking Display No
Lot Description Some Trees,Level,Landscaped
PARKING/STORAGE Gated Parking,Gate Clickers,Parking Lot,Assigned Parking
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch,On-Site Storage,Storage,Sidewalks

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

4/17/2026 Listed $68,000
5/26/2026 6% - $64,000
6/22/2026 7% - $59,900

Property vs Zip Code Average in 38111

Price
AVG $250K
$60K
Year Built
AVG 1953
1954
Visits
AVG 83
166
Data Provided by Inside Real Estate®

2997 Walnut Grove Rd Memphis, TN is a Single Family Home for sale at $59900 with 745 sqft and a lot size of Acre(s). 2997 Walnut Grove Rd Memphis has 2 bedrooms, 1 baths and was built in 1954. The property's zip code is 38111 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.