Just under 5 minutes from the fast-growing Downtown Memphis—This extremely spacious 4 bed, 2 bath property offers a prime opportunity with some updates already completed, giving you a head start on renovations. Home boasts a separate living room, den, dining room, and sitting area. Whether you're new to investing or adding to your portfolio, this high-potential property deserves your attention and is a solid addition to your rental portfolio. Just two doors down from a 5-star Airbnb minutes from top restaurants, entertainment, the National Civil Rights Museum, and other Downtown staples. This is the kind of opportunity serious investors watch for, as it offers strong potential as a short-term or corporate rental.
For sale
Price cut: $20K (6/26)
$210,000
246 Lucerne Pl, Memphis, TN 38126
4beds
--sqft
Est.:
Single Family Residence
Built in 1908
6,098.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Sitting areaDining room
- 115 days
- on Zillow |
- 49 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 11:32am
Listed by:
Clarenda Hurd,
Keller Williams 901-261-7900
Source: MAAR,MLS#: 10196046

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Office/Sewing Room
Primary bedroom
- Features: Built-In Cabinets/Bkcases, Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Features: Hardwood Floor
- Level: Second
Bedroom 3
- Features: Hardwood Floor
- Level: Second
Bedroom 4
- Features: Hardwood Floor
- Level: Second
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Separate Breakfast Room, Washer/Dryer Connections
Living room
- Features: Separate Living Room, Separate Den
- Dimensions: 0 x 0
Office
- Level: Second
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Laundry Room
Features
- Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Keeping/Hearth Room, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, Office, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
- Flooring: Hardwood
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Masonry
Interior area
- Living area range: 2600-2799 Square Feet
Property
Parking
- Parking features: Driveway/Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Stories: 2
- Pool features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 125
- Features: Some Trees
Details
- Parcel number: 013033 00021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Victorian
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1908
Community & HOA
Community
- Security: Closed Circuit Camera(s), Wrought Iron Security Drs
- Subdivision: Lucerne Pl
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $34,400
- Annual tax amount: $567
- Price range: $210K - $210K
- Date on market: 5/7/2025
- Cumulative days on market: 116 days
- Listing terms: Conventional
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