$61,021 EMV

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Wabash Ave
Memphis, TN 38114

Overview

This City Owned is located at Wabash Ave, Memphis, TN 38114. This property is City Owned with an estimated market value of $61,021.
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Status: Active
Listing ID: 63290661
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Homes near Wabash Ave in Memphis, Tennessee


Learn about Wabash Ave in Memphis, TN

This property is available as a city owned at Wabash Ave. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Memphis, specifically for Wabash Ave and comparable listings. Based on this expert analysis, the estimated market value is $61,021. If purchased for rental purposes, the monthly rental rate could range between $620 and $840, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Wabash Ave are updated daily along with others in Memphis, Tennessee, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

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What is the city of Memphis, TN like?

Memphis, located in the southwestern corner of Tennessee, offers a rich cultural history and unique Southern lifestyle. Known for its music scene, particularly blues and rock 'n' roll, the city is home to legendary sites such as Beale Street and Graceland, Elvis Presley's former estate. Residents enjoy a vibrant arts scene, mouth-watering barbecue, and the famous Memphis in May International Festival, celebrating the city's culinary delights.

The city's neighborhoods are diverse, ranging from the historic charm of Midtown to the modern urban living in Downtown Memphis. The cost of living is relatively low compared to national averages, making it an attractive option for families, young professionals, and retirees alike.

Memphis boasts excellent educational institutions, numerous parks for outdoor activities, and a wide range of grocery stores and amenities. The city's robust transportation system and proximity to the Mississippi River provide both connectivity and recreational opportunities, catering to residents of all lifestyles.

Nearby Schools

There are 4 schools in the area. Nearby schools include White Station High School and East High School.

White Station High School
East High School
Southwest Tennessee Community College
Memphis College of Art

Nearby Attractions

There are plenty of activities near this property like Memphis Public Library, St. Jude Children's Research Hospital, and more.

Memphis Public Library
St. Jude Children's Research Hospital
Memphis International Airport
Graceland

What kind of public transportation is there?


Public transportation options include: MATA Bus Service - provides public transit options throughout the city, Trolley service in downtown areas offering unique sightseeing experiences. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Shelby Farms Park, Overton Park and more.

Shelby Farms Park
Overton Park
Tom Lee Park
Memphis Botanic Garden

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
AT&T Fiber
CenturyLink
Rental Chart
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Property Information

City Owned

The property located at Wabash Ave in Memphis, TN is listed as a City Owned

This is an active City Owned listing located in Memphis, Tennessee. Properties on www.foreclosure.com are typically available for deep discounts that can often reach 50 percent or more!
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Rental Value

The estimated rental value for Wabash Ave located in Memphis, TN is $730/month. Comparable homes around Wabash Ave that are rentals have monthly ranges starting as low as $620 per month and as high as $840 per month. An owner looking to use this property as an investment could bring a return in the area of $620 - $840 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

City Owned
03/22/25 - Present

Listing information updated for this property.

Status: Active

Similar Homes Nearby Memphis, TN


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Wabash Ave
Memphis, TN 38114

$61,021 EMV

Status: Active Listing ID: 63290661

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Listing URL

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