Briscoe Ellett III

1864 Macaulay Ave

Memphis, TN
$ 155,000 Beds 3 Baths 2 Sq 1,467
Monthly Estimate* How much can I afford?

ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.

Single Family

  • Price
  • $ 155,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • Frayser - North
  • Lot Size
  • 0.27 Acres
  • Zip
  • 38127
  • Sqr Footage
  • 1,467
  • Year Built
  • 1957
  • Taxes
  • $ 1281
  • Style
  • Traditional
  • MLS#
  • 10225239
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Status Active
Full Baths 2
Legal Subdivision Name GEORGIAN HILLS BLK E
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 725C
Parcel Number 071005 00021
Status Active
Annual City Tax 627
Annual County Tax 654
Sale/Rent For Sale
Area Frayser - North
Service Type Full Service Listing
Neighborhood Association None
Year Built 1957
Directions Get on I-240 E. Take exit 3 to merge onto N Watkins St. Merge onto N Watkins St. Turn right onto St Elmo Ave. Turn left onto Argonne St. Turn left onto Macaulay Ave.
City Memphis
DOM 85

Interior Features

Dining Room 10x10
Living Room Eat-In Kitchen
Living Room Dimensions 10x10
Beds 3
Total Baths 2
Number of Rooms 7
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Carpet

Exterior Features

Pool None
Lot 54
Lot Size Area 0.27
Lot Size 80X150
Parking Display N1
Lot Description Level
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Other (See Remarks)
Misc. Exterior 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

7/2/2026 Listed $155,000

Property vs Zip Code Average in 38127

Price
AVG $110K
$160K
Taxes
AVG $1,034
$1,281
Year Built
AVG 1964
1957
Visits
AVG 65
52
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1864 Macaulay Ave Memphis, TN is a Single Family Home for sale at $155000 with 1467 sqft and a lot size of 0.27 Acres Acre(s). 1864 Macaulay Ave Memphis has 3 bedrooms, 2 baths and was built in 1957. The property's zip code is 38127 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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