For sale

Price cut: $5K (7/13)

$63,000

2991 Walnut Grove Rd #2, Memphis, TN 38111

2beds

850sqft

$792/mo

Get pre-qualified

Apartment

Built in 1956

-- sqft lot

$-- Zestimate^®

$74/sqft

$350/mo HOA

What's special

Newer roofNew sidingUpdated kitchenHardwood floors throughout

Welcome to this unique 1st-floor flat in a cooperative community, offering low-maintenance living in a central location. This 2BD, 1BA unit features hardwood floors throughout and an updated kitchen, with appliances just one year old that stay. New windows provide added efficiency and natural light. Unlike a traditional condo, this co-op ownership means residents are part owners of the entire community, creating a more connected and well-maintained environment. A security gate with cameras covering parking and entry points offer added peace of mind. The monthly HOA covers water/sewer, trash, property taxes, exterior insurance, and grounds maintenance, making for truly simplified living. Recent exterior updates include new siding and a newer roof. Ideally located within two miles of popular Midtown attractions (UofM, Liberty Stadium, MOSH, Memphis Zoo, etc.) and under 5 miles to the Medical District, this property offers unbeatable convenience. Don't miss it!

119 days
129
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Smooth Ceiling, Hardwood Floor
Level: First
Area: 144
Dimensions: 12 x 12

Bedroom 2

Features: Shared Bath, Smooth Ceiling, Hardwood Floor
Level: First
Area: 144
Dimensions: 12 x 12

Dining room

Dimensions: 0 x 0

Kitchen

Features: Updated/Renovated Kitchen, W/D Connection in Kitchen
Area: 72
Dimensions: 8 x 9

Living room

Features: LR/DR Combination
Area: 234
Dimensions: 13 x 18

Den

Dimensions: 0 x 0

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Gas Water Heater, Range/Oven, Gas Cooktop, Disposal, Dishwasher, Microwave, Refrigerator

Features

All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down, Smooth Ceiling, Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood
Has fireplace: No

Interior area

Total interior livable area: 850 sqft

Property

Parking

Parking features: Gated, Assigned

Features

Stories: 1
Patio & porch: Patio
Pool features: None

Lot

Features: Some Trees

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes

Materials

Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Other (See Remarks)
Security: Smoke Detector(s), Security Gate
Subdivision: Walnut Grove Apartments

HOA

Has HOA: Yes
HOA fee: $4,200 annually

Location

Region: Memphis

Financial & listing details

Price per square foot: $74/sqft
Price range: $63K - $63K
Date on market: 5/2/2026
Cumulative days on market: 119 days

Estimated market value

Not available

Estimated sales range

Not available

$915/mo

Price history

Date	Event	Price
7/13/2026	Price change	$63,000-7.4%$74/sqft
Source: MAAR #10220063 Report a problem
5/2/2026	Listed for sale	$68,000-1.4%$80/sqft
Source: MAAR #10220063 Report a problem
5/1/2025	Sold	$69,000-6.8%$81/sqft
Source: MAAR #10192276 Report a problem
4/21/2025	Listed for sale	$74,000$87/sqft
Source: MAAR #10192276 Report a problem
4/15/2025	Pending sale	$74,000$87/sqft
Source: MAAR #10192276 Report a problem
3/18/2025	Listed for sale	$74,000+23.5%$87/sqft
Source: MAAR #10192276 Report a problem
12/6/2022	Sold	$59,900$70/sqft
Source: MAAR #10137644 Report a problem
11/18/2022	Pending sale	$59,900$70/sqft
Source: MAAR #10137644 Report a problem
11/14/2022	Listed for sale	$59,900$70/sqft
Source: MAAR #10137644 Report a problem