Turnkey Brick 3 bed, 1 bath investment property with detached ADU offering additional value and cash-flow potential. Property is vacant and easy to show. Roof is approximately 3 years old and was fully replaced, including decking. The property has been professionally managed and maintained since purchase. The detached structure in the rear offers additional value-add potential and could potentially be converted into a 1 bed, 1 bath unit for additional rental income or increased property value. Property is being sold AS-IS. Great opportunity for an investor or homebuyer looking for a solid property with additional income and value-add potential.
For sale
$120,000
2325 Riley Ave, Memphis, TN 38114
3beds
1,177sqft
Single Family Residence
Built in 1943
7,405 Square Feet Lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Detached adu
- 9 days
- 120
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elliot Cerezo,
The Home Partners Realty 901-305-6047
Source: MAAR,MLS#: 10230816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Separate Dining Room
Kitchen
- Features: Pantry, Updated/Renovated Kitchen, Washer/Dryer Connections
Living room
- Features: Great Room, Separate Living Room
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- All Bedrooms Down, Eff/Studio, Primary Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 1,177 sqft
Property
Parking
- Parking features: Driveway/Pad, Storage, Workshop in Garage
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 51 x 150
- Features: Level, Some Trees
Details
- Additional structures: Storage
- Parcel number: 047024 00004
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subtype: Single Family Residence
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 1943
Community & HOA
Community
- Subdivision: Bethel Grove Blk 146
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $119,100
- Annual tax amount: $1,569
- Price range: $120K - $120K
- Date on market: 9/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$968/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for rent | $1,065+3.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/22/2026 | Listing removed | $1,025$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/21/2026 | Listed for sale | $120,000+4.3%$102/sqft |
Source: | ||
| 2/11/2026 | Price change | $1,025-6.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2026 | Price change | $1,095-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/16/2025 | Price change | $1,145-8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2025 | Price change | $1,245-7.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/9/2025 | Listed for rent | $1,345$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Listing removed | $1,345$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2025 | Listed for rent | $1,345$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2023 | Sold | $115,000-2.5%$98/sqft |
Source: | ||
| 9/14/2023 | Contingent | $118,000$100/sqft |
Source: | ||
| 9/8/2023 | Listed for sale | $118,000+114.5%$100/sqft |
Source: | ||
| 2/10/2023 | Sold | $55,000$47/sqft |
Source: | ||
| 12/23/2022 | Pending sale | $55,000$47/sqft |
Source: | ||
| 11/14/2022 | Price change | $55,000+41%$47/sqft |
Source: | ||
| 10/3/2022 | Pending sale | $39,000$33/sqft |
Source: | ||
| 9/1/2022 | Price change | $39,000-30.4%$33/sqft |
Source: | ||
| 8/30/2022 | Listed for sale | $56,000$48/sqft |
Source: | ||
| 8/29/2022 | Pending sale | $56,000$48/sqft |
Source: | ||
| 8/22/2022 | Listed for sale | $56,000-9.7%$48/sqft |
Source: | ||
| 8/1/2022 | Listing removed | -- |
Source: | ||
| 7/8/2022 | Price change | $62,000-15.1%$53/sqft |
Source: | ||
| 5/26/2022 | Listed for sale | $73,000$62/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,569 +12.5% | $29,775 +40.6% |
| 2024 | $1,394 +71.5% | $21,175 +58.6% |
| 2023 | $813 | $13,350 |
| 2022 | -- | $13,350 |
| 2021 | -- | $13,350 +41.3% |
| 2020 | $302 | $9,450 |
| 2019 | $302 -21.1% | $9,450 |
| 2018 | $383 -45.1% | $9,450 |
| 2017 | $698 +118.3% | $9,450 +0.5% |
| 2016 | $320 -7.6% | $9,400 |
| 2014 | $346 | $9,400 |
| 2013 | -- | $9,400 -13.4% |
| 2012 | -- | $10,850 |
| 2011 | -- | $10,850 |
| 2010 | -- | $10,850 |
| 2009 | -- | $10,850 |
| 2008 | -- | $10,850 |
| 2007 | -- | $10,850 |
| 2006 | -- | $10,850 |
| 2005 | -- | $10,850 +4.6% |
| 2004 | -- | $10,375 |
| 2003 | -- | $10,375 |
| 2002 | -- | $10,375 |
| 2001 | -- | $10,375 -1% |
| 2000 | -- | $10,475 |
Find assessor info on the county website
Monthly payment
Est. payment






