2692 Steele St, Memphis, TN 38127

2 beds, 1 bath, 720 sqft
For Sale
$16,000
Price cut: -$6,000
Zestimate®: $23,555
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Income producing property bring in $6,600 per year. Long time tenants. Fantastic buy. Central heat, window airconditioning.
Facts
  • Lot: 0.3 acres
  • Single Family
  • Built in 1951
  • 248 days on Zillow
  • Cooling: Central, Other
Features
  • Fireplace
  • Parking: 0 space
Room Types
  • Dining room
Construction
  • Exterior material: Composition
  • Roof type: Other
  • Room count: 5
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 720 sqft
  • Lot depth: 190
  • Lot width: 60
  • Parcel #: 070030 00049
  • Zillow Home ID: 42221171
Home Values
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The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$23,555
+$184 Last 30 daysd
$22K
$25K
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$552/mo
-$6 Last 30 daysd
$497
$673
Zestimate range
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Neighborhood for 2692 Steele Street

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Zillow predicts Shelby Forest-Frayser home values will rise 3.2% next year, compared to a 2.5% increase for Memphis as a whole. Among Shelby Forest-Frayser homes, this home is 63% less expensive than the midpoint (median) home, and is priced 38.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Shelby Forest-Frayser, the number of foreclosures waiting to be sold is 2.2% greater than in Memphis, and 118.1% greater than the national average. This higher local number may prevent Shelby Forest-Frayser home values from rising as quickly as other regions in Memphis.

Learn more about forecast calculations or Shelby Forest-Frayser home values.
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