Pending

$249,600

2499 Calvert Ave, Memphis, TN 38108

3beds

1,125sqft

Est.:

Single Family Residence

Built in 1966

5,662.8 Square Feet Lot

$247,000 Zestimate^®

$222/sqft

$-- HOA

What's special

Vacant investment property offering exceptional potential for value creation. Ideal for investors interested in renovation, the home can be upgraded and rented to a Section 8 tenant, providing a strong, predictable income stream. With a location in a stable, high-demand rental market, the property combines affordability with significant upside potential. Perfect for investors seeking to strategically reposition a home, this property offers the chance to generate long-term cash flow and build equity through thoughtful improvements.

24 days

52

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Dimensions: 0 x 0

Dining room

Dimensions: 0 x 0

Living room

Dimensions: 0 x 0

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: RPR
Has fireplace: No

Interior area

Total interior livable area: 1,125 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 5,662.8 Square Feet
Dimensions: 40 x 151
Features: Some Trees

Details

Parcel number: 042068 00016

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer

Condition

New construction: No
Year built: 1966

Community & HOA

Community

Subdivision: Hanover Hgts

Location

Region: Memphis

Financial & listing details

Price per square foot: $222/sqft
Tax assessed value: $31,900
Annual tax amount: $525
Price range: $249.6K - $249.6K
Date on market: 11/21/2025
Cumulative days on market: 27 days

Estimated market value

$247,000

$235,000 - $259,000

$1,405/mo

Price history

Date	Event	Price
11/24/2025	Pending sale	$249,600$222/sqft
Source: MAAR #10210212 Report a problem
11/21/2025	Listed for sale	$249,600+1550.7%$222/sqft
Source: MAAR #10210212 Report a problem
10/14/2025	Listing removed	$1,400$1/sqft
Source: Zillow Rentals Report a problem
10/10/2025	Listed for rent	$1,400$1/sqft
Source: Zillow Rentals Report a problem
10/10/2025	Listing removed	$1,400$1/sqft
Source: Zillow Rentals Report a problem