For sale

$141,500

2731 Burns Ave, Memphis, TN 38114

3beds

1,361sqft

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Single Family Residence

Built in 1941

7,405 Square Feet Lot

$137,600 Zestimate^®

$104/sqft

$-- HOA

What's special

INVESTORS ONLY! Tenant occupied property that would make an excellent addition to your portfolio. Charming 3 bedroom brick home rented for $1,200/month with a lease secured until 12/31/2026. Tenant moved in 12/22/2023. Home was completely renovated in 2023 including new roof, new HVAC, new water heater, new carpet, paint, bathroom and kitchen updates and more! Professional management in place, nothing to do but pick it up and start collecting rent! No sign in yard. No wholesalers, assignments, creative financing or owner financing. Please do not disturb tenant.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 100
Dimensions: 10 x 10

Dining room

Area: 100
Dimensions: 10 x 10

Kitchen

Features: Eat-in Kitchen

Living room

Area: 100
Dimensions: 10 x 10

Den

Area: 100
Dimensions: 10 x 10

Heating

Central

Cooling

Central Air

Features

All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Carpet
Has fireplace: No

Interior area

Total interior livable area: 1,361 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

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

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 153
Features: Level

Details

Parcel number: 047079 00017

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1941

Community & HOA

Community

Subdivision: La Belle Heights Blk 42

Location

Region: Memphis

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $140,400
Annual tax amount: $1,850
Price range: $141.5K - $141.5K
Date on market: 7/15/2026

Estimated market value

$137,600

$122,000 - $150,000

$1,287/mo

Price history

Date	Event	Price
7/15/2026	Listed for sale	$141,500$104/sqft
Source: MAAR #10226144 Report a problem
3/20/2024	Sold	$141,500+241.8%$104/sqft
Source: Public Record Report a problem
12/18/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/16/2023	Listed for rent	$1,175$1/sqft
Source: Zillow Rentals Report a problem
8/29/2023	Sold	$41,400$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,850 +110%	$35,100 +162.4%
2024	$881 +8.1%	$13,375
2023	$815	$13,375
2022	--	$13,375
2021	--	$13,375 +44.6%
2020	$296	$9,250
2019	$296 -21.1%	$9,250
2018	$375 -45.1%	$9,250
2017	$683 +113.1%	$9,250 -1.9%
2016	$320 +3.3%	$9,425
2014	$310	$9,425
2013	--	$9,425 -3.1%
2012	--	$9,725
2011	--	$9,725
2010	--	$9,725
2009	--	$9,725
2008	--	$9,725
2007	--	$9,725
2006	--	$9,725
2005	--	$9,725 -5.1%
2004	--	$10,250
2003	--	$10,250
2002	--	$10,250
2001	--	$10,250 -7.2%
2000	--	$11,050

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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