Property Investment Opportunity: 2 Bed, 1 Bath Home This charming 2-bedroom, 1-bathroom home is a fantastic addition to your real estate portfolio! Tenant-occupied and currently income-producing, it offers steady cash flow. With a reliable tenant in place, this property provides a hassle-free investment opportunity.
Closed
$50,000
2540 Calvert Ave, Memphis, TN 38108
2beds
672sqft
Single Family Residence, Residential
Built in 1951
7,405.2 Square Feet Lot
$49,200 Zestimate®
$74/sqft
$812 Estimated rent
Home value
$49,200
$46,000 - $52,000
$812/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 10:05am
Listing Provided by:
Tina Andrade 901-767-8770,
Fast Track Realty
Bought with:
Tina Andrade, 278608
Fast Track Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3054973
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet
Interior area
- Total structure area: 672
- Total interior livable area: 672 sqft
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 1
- Patio & porch: Porch
Lot
- Size: 7,405 sqft
- Dimensions: 50 x 151
Details
- Parcel number: 042068 00031
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Hanover Hgts
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2025 | Sold | $50,000-16.7%$74/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3054973 | ||
| 3/28/2025 | Pending sale | $60,000$89/sqft |
Source:  MAAR #10192507 | ||
| 3/21/2025 | Listed for sale | $60,000+300%$89/sqft |
Source: MAAR #10192507 | ||
| 12/30/2021 | Sold | $15,000-18.9%$22/sqft |
Source: Public Record | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $298 +8.1% | $4,525 |
| 2023 | $276 | $4,525 |
| 2022 | -- | $4,525 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Douglass Elementary SchoolGrades: PK-8Distance: 1.1 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 1.1 mi
- 4/10Grandview Heights MiddleGrades: 6-8Distance: 2 mi