Briscoe Ellett III

1255 Lion St

Memphis, TN
$ 12,000 Beds 3 Baths 1 Sq 640
Monthly Estimate* How much can I afford?

Investment special! Great opportunity to renovate, rebuild, or add to your investment portfolio. Property is being sold AS-IS. This investment property is located just minutes from downtown and it is conveniently located near major highways

Single Family

  • Price
  • $ 12,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Harbor Town-Downtown
  • Lot Size
  • 0.17 Acres
  • Zip
  • 38107
  • Sqr Footage
  • 640
  • Year Built
  • 1913
  • Taxes
  • $ 251
  • Style
  • MLS#
  • 10223942
Listed By: Keller Williams
Data Source: Memphis MLS (MAAR)

Features

General

Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Status Active
Full Baths 1
Legal Subdivision Name LION STREET
Style Other (See Remarks)
Stories Count 1
County Shelby
Class Residential
Type Attached Single Family
Condo No
Area 741B
Parcel Number 039013 00010
Status Active
Annual City Tax 123
Annual County Tax 128
Sale/Rent For Sale
Area Harbor Town/Downtown
Service Type Full Service Listing
Neighborhood Association None
Year Built 1913
Directions From I-40,take the Watkins st exit north. Turn right on Chelsea Ave,then left on Lion ST. Property is on the right
City Memphis
DOM 103

Interior Features

Living Room Other (See Remarks)
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
FLOORS/CEILINGS Other (See REMARKS)

Exterior Features

Pool None
Lot 2-3
Lot Size Area 0.17
Lot Size 50X150
Parking Display No
Lot Description Corner
PARKING/STORAGE On-Street Parking
EXTERIOR/WINDOWS Other (See Remarks)
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

6/14/2026 Listed $16,000
7/7/2026 13% - $14,000
7/30/2026 15% - $12,000

Property vs Zip Code Average in 38107

Price
AVG $170K
$10K
Taxes
AVG $7,111
$251
Year Built
AVG 1937
1913
Visits
AVG 97
48
Data Provided by Inside Real Estate®

Areas That We Cover

1255 Lion St Memphis, TN is a Single Family Home for sale at $12000 with 640 sqft and a lot size of 0.17 Acres Acre(s). 1255 Lion St Memphis has 3 bedrooms, 1 baths and was built in 1913. 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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