Currently tenant-occupied at $605/month with a month-to-month lease. This property is being sold as-is and is primed for a value-add investor looking to execute renovations at vacancy. No wholesalers, or contract assignment. Please do not disturb the tenant.
Single-familyProperty Type
1948Year Built
9,147 sq ftLot Size
Listed by Sherry Roberts• Advantage Property Management
Bought with Monica Bynum• Crye-Leike, Inc., REALTORS
Est. $1,126 per month, based on comparable rentals
Sale and tax history for 1148 Mt Vernon Rd
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10225638
Aug 3, 2026
Sold
$65,000
Jul 8, 2026
Listed
$65,000
Public Records
May 4, 2021
Sold
$59,000
Memphis Area Association of Realtors(R) MLS #3287408
Dec 20, 2013
Sold
$23,000
Dec 18, 2013
Listed
$26,000
Memphis Area Association of Realtors(R) MLS #3162872
Sep 2, 2011
Sold
$10,250
Jan 31, 2009
Listed
$15,000
Investment property near U of M.
Public Records
Jul 11, 2007
Sold
$50,000
Public Records
Dec 1, 1988
Sold
$43,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,144 (+34.6%)
$2,450 + $19,250
$21,700
2024
$850 (+8.1%)
$2,450 + $19,250
$21,700
2023
$786
$1,000 + $11,900
$12,900
2022
$786 (−1.2%)
$1,000 + $11,900
$12,900
2021
$795 (+38.5%)
$1,000 + $11,900
$12,900
2020
$574
$1,000 + $11,900
$12,900
2019
$574
$1,000 + $6,925
$7,925
2018
$574 (+48.2%)
$1,000 + $6,925
$7,925
2017
$387 (−5.7%)
$1,000 + $6,925
$7,925
2016
$411
$1,000 + $8,425
$9,425
2014
$411
$1,000 + $8,425
$9,425
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
60 ft.
Lot depth
158 ft.
Lot size
9,480 Sq. Ft.
Year renovated
1985
Sq. Ft.
881
Year built
1948
Style
Single Family Residential
County
Shelby County
APN
059087 00040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1
Interior Features
# of Rooms: 5
# of Stories: 1
Floors/Ceilings: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Other (See Remarks)
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Porch
Exterior/Windows: Other (See Remarks)
Land Information
Acreage: 0.21
Lot Information
Parcel ID: 059087 00040
Lot #: 58
Lot Size: 60X158
Lot Description: Level
Area: 757D
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1948
Financial
Tax Information
Annual City Tax: $560
Annual County Tax: $584
Financing
Buyer Contributions: 0
Utilities
Utility Information
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: From Prescott Rd turn left onto Barron Ave. Turn right onto Mt. Vernon. House will be on the right.
MAAR Subdivision Name: PARK GROVE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 881
Stories: 1.0
Lot Size: 9,480 square feet
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1985
County: Shelby County
APN: 059087 00040
Home facts updated by county records on Sep 3, 2026
Around this home
Schools
Cherokee Elementary School
Public PreK-5 • Assigned • 0.7mi
6/10
Sherwood Middle School
Public 6-8 • Assigned • 0.3mi
5/10
Melrose High School
Public 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38111
Average low and high temperatures (°F)
46
30
57
37
71
50
77
58
78
63
88
72
92
77
90
72
85
68
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$78,000 – $94,000
Sell confidently with a local market expert in Memphis.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.