For sale

Price cut: $2K (5/9)

$173,000

540 Berclair Rd, Memphis, TN 38122

4beds

1,659sqft

Est.:

Duplex

Built in 1955

-- sqft lot

$-- Zestimate^®

$104/sqft

$-- HOA

What's special

PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

18 days

441

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Water Heater

Features

Separate Living Room
Flooring: Vinyl

Interior area

Total interior livable area: 1,659 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Pool features: None

Lot

Size: 9,513 Square Feet
Dimensions: 63 x 151
Features: Level

Details

Parcel number: 063007 00048

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex

Materials

Brick Veneer

Condition

Year built: 1955

Community & HOA

Community

Subdivision: Mclemore D W

Location

Region: Memphis

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $113,400
Annual tax amount: $2,391
Date on market: 4/30/2026
Cumulative days on market: 19 days
Listing terms: Conventional
Lease term: 12 Months

Estimated market value

Not available

Estimated sales range

Not available

$932/mo

Price history

Date	Event	Price
5/9/2026	Price change	$173,000-1.1%$104/sqft
Source: MAAR #10220471 Report a problem
4/30/2026	Listed for sale	$175,000+12.9%$105/sqft
Source: MAAR #10220471 Report a problem
6/18/2025	Sold	$155,000+3.3%$93/sqft
Source: RealTracs MLS as distributed by MLS GRID #3084164 Report a problem
6/5/2025	Pending sale	$150,000$90/sqft
Source: MAAR #10198022 Report a problem
6/2/2025	Listed for sale	$150,000+172.7%$90/sqft
Source: MAAR #10198022 Report a problem
3/1/2019	Sold	$55,000+22.2%$33/sqft
Source: MAAR #10046448 Report a problem
2/21/2019	Listed for sale	$45,000$27/sqft
Source: Keller Williams Realty Memphis Central #10046448 Report a problem
1/1/2017	Listing removed	$45,000$27/sqft
Source: Crestcore Realty, LLC #9974076 Report a problem
4/3/2016	Price change	$45,000-2%$27/sqft
Source: Crestcore Realty, LLC #9974076 Report a problem
6/26/2015	Price change	$45,900-8.2%$28/sqft
Source: Propertyware Inc Report a problem
1/29/2015	Listed for sale	$50,000$30/sqft
Source: Propertyware Inc Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,391 +48.8%	$45,360 +85.9%
2024	$1,607 +8.1%	$24,400
2023	$1,486	$24,400
2022	--	$24,400
2021	--	$24,400 +46.6%
2020	$532	$16,640
2019	$532 -21.1%	$16,640
2018	$674 -55.2%	$16,640 -18.3%
2017	$1,503 +223.1%	$20,360 +48.8%
2016	$465 -25.6%	$13,680
2014	$625	$13,680 -34.4%
2013	--	$20,840 +6.3%
2012	--	$19,600
2011	--	$19,600 -31.3%
2010	--	$28,520
2009	--	$28,520 -2.3%
2008	--	$29,200
2007	--	$29,200
2006	--	$29,200
2005	--	$29,200 +3.1%
2004	--	$28,320
2003	--	$28,320
2002	--	$28,320
2001	--	$28,320 +28%
2000	--	$22,120

Find assessor info on the county website

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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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