Briscoe Ellett III

1551 Waverly Ave

Memphis, TN
$ 70,000 Beds 3 Baths 2 Sq 1,859
Monthly Estimate* How much can I afford?

INVESTORS—DON’T MISS THE SIZE & UPSIDE! Spacious one-level 3BR/2BA home offering approximately 1,859 SF with hardwood floors, central HVAC, separate living and dining areas on a corner lot. Property offers strong value-add potential and is ideal for a flip, BRRRR or long-term rental. Renovated homes in the surrounding area have shown strong resale activity. Property is being sold AS-IS. Buyer to perform all due diligence regarding condition, renovation costs, rental potential and resale value. Schedule your showing today!

Single Family

  • Price
  • $ 70,000
  • City
  • Memphis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 0
  • Area
  • South Memphis-Glenview
  • Lot Size
  • 0.2 Acres
  • Zip
  • 38106
  • Sqr Footage
  • 1,859
  • Year Built
  • 1935
  • Taxes
  • $ 1489
  • Style
  • Traditional
  • MLS#
  • 10226992
Listed By: KAIZEN Realty, LLC
Data Source: Memphis MLS (MAAR)

Features

General

Heating Floor Furnace
Cooling Window Unit(s)
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 2
Legal Subdivision Name SOUTHERN TERR
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 748B
Parcel Number 031008 00008
Status Active
Annual City Tax 729
Annual County Tax 760
Sale/Rent For Sale
Area South Memphis/Glenview
Service Type Full Service Listing
Neighborhood Association None
Year Built 1935
Directions Turn right on S Willett st coming from EH Crump. Turn right on southern ave,slight left at Rayner St.then turn left on Waverly ave.
City Memphis
DOM 62

Interior Features

Dining Room 12x13
Living Room Separate Dining Room,Separate Living Room,Washer/Dryer Connections
Living Room Dimensions 17x14
Bedroom 2 Dimensions 12X12
Beds 3
Total Baths 2
Number of Rooms 3
Downstairs Bedrooms 3
FLOORS/CEILINGS Part Hardwood
BEDROOM 3 DESCRIPTION Level 1
BEDROOM 2 DESCRIPTION Level 1

Exterior Features

Pool None
Lot 9
Lot Size Area 0.2
Water & Sewer Public Sewer,Public Water
Lot Size 59X148
Parking Display C1A
Lot Description Corner
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
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

7/27/2026 Listed $80,000
8/21/2026 7% - $75,000
9/11/2026 7% - $70,000

Property vs Zip Code Average in 38106

Price
AVG $90K
$70K
Taxes
AVG $857
$1,489
Year Built
AVG 1949
1935
Visits
AVG 72
25
Data Provided by Inside Real Estate®

Areas That We Cover

1551 Waverly Ave Memphis, TN is a Single Family Home for sale at $70000 with 1859 sqft and a lot size of 0.2 Acres Acre(s). 1551 Waverly Ave Memphis has 3 bedrooms, 2 baths and was built in 1935. 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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