Briscoe Ellett III

720 Lucille Ave

Memphis, TN
$ 40,900 Beds 4 Baths 2.5 Sq 1,564
Monthly Estimate* How much can I afford?

Fantastic opportunity to add this property to your investment portfolio! This 4-bedroom, 2.5-bathroom home offers a convenient location near major roadways, shopping, dining, and entertainment. The property provides excellent potential for investors looking to expand their rental portfolio. Property is being sold AS-IS and will be sold occupied. Please do not disturb the tenants.

Single Family

  • Price
  • $ 40,900
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • South Memphis-61 Hwy
  • Lot Size
  • 0.27 Acres
  • Zip
  • 38106
  • Sqr Footage
  • 1,564
  • Year Built
  • 1956
  • Taxes
  • $ 1358
  • Style
  • Traditional
  • MLS#
  • 10227533
Listed By: Crye-Leike, Inc., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Other (See REMARKS)
Cooling Other (See REMARKS)
Status Active
Full Baths 2
Half Baths 1
Legal Subdivision Name LONGVIEW HEIGHTS SCHOOL 1ST ADDN RE S/D
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 747E
Parcel Number 049040 00009
Status Active
Annual City Tax 665
Annual County Tax 693
Sale/Rent For Sale
Area South Memphis/61 Hwy
Service Type Full Service Listing
Neighborhood Association None
Year Built 1956
Directions From Hernando Rd,turn left onto Norris Rd,then turn right onto Prospect St. Continue to Lucille Ave and turn left. The property will be on your right.
City Memphis
DOM 52

Interior Features

Living Room Eat-In Kitchen,Pantry
Beds 4
Total Baths 2.1
Number of Rooms 7
BEDROOM 4 DESCRIPTION Level 1
FLOORS/CEILINGS Other (See REMARKS)
BEDROOM 3 DESCRIPTION Level 1
BEDROOM 2 DESCRIPTION Level 1

Exterior Features

Pool None
Lot 7
Lot Size Area 0.27
Water & Sewer Public Water
Lot Size 63X136
Parking Display C2A
Lot Description Level
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Wrought Iron Security Drs,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

8/3/2026 Listed $44,900
8/25/2026 5% - $42,900
9/11/2026 5% - $40,900

Property vs Zip Code Average in 38106

Price
AVG $90K
$40K
Taxes
AVG $1,234
$1,358
Year Built
AVG 1950
1956
Visits
AVG 72
26
Data Provided by Inside Real Estate®

Areas That We Cover

720 Lucille Ave Memphis, TN is a Single Family Home for sale at $40900 with 1564 sqft and a lot size of 0.27 Acres Acre(s). 720 Lucille Ave Memphis has 4 bedrooms, 2 baths and was built in 1956. 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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