Great investment opportunity for anyone looking to purchase a home that is in need of some TLC but has the potential to yield a good return or for anyone with a vision looking to purchase their own home with little money and willing to put in some hard work and TLC. Home sits on a corner lot and has a basement which could be finished out. Multiple offers submit highest and best by 10:00am Sat Oct 9, 2021. Property being sold "AS IS" seller will not make any repairs.
Single-familyProperty Type
1920Year Built
6,900 sq ftLot Size
$24Est. Price/Sq.Ft.
Listed by • KAIZEN REALTY LLC
Bought with • KAIZEN REALTY LLC
Source:REALTRACS as Distributed by MLS Grid #3023487
Redfin Estimate
$37,600
$22K since sold in August 2025$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 43.9% lower than the average sale price ($67K) of 6 comparable homes.
Memphis Area Association of Realtors(R) MLS #10110146
Oct 25, 2021
Sold
$25,000
$16/sq ft
Oct 6, 2021
Listed
$25,000
$16/sq ft
Public Records
Feb 5, 1999
Sold
$56,000
$36/sq ft
Memphis Area Association of Realtors(R) MLS #9811958
Jul 1, 1998
Listed
$55,000
$35/sq ft
Public Records
Dec 19, 1990
Sold
$30,200
$19/sq ft
Public Records
Jun 12, 1990
Sold
$35,243
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$528 (+18.4%)
$1,250 + $8,775
$10,025
2024
$446 (+8.1%)
$1,250 + $8,775
$10,025
2023
$413
$750 + $6,025
$6,775
2022
$413 (−1.2%)
$750 + $6,025
$6,775
2021
$418 (−6.3%)
$750 + $6,025
$6,775
2020
$446
$750 + $6,025
$6,775
2019
$446
$750 + $5,400
$6,150
2018
$446 (+76.3%)
$750 + $5,400
$6,150
2017
$253 (−26.3%)
$750 + $5,400
$6,150
2016
$343
$750 + $5,400
$6,150
2014
$343
$750 + $7,100
$7,850
Tax history for 1371 Ridgeway St
Year
Property tax
Land + Additions
Assessment*
2025
$528 (+18.4%)
$1,250 + $8,775
$10,025
2024
$446 (+8.1%)
$1,250 + $8,775
$10,025
2023
$413
$750 + $6,025
$6,775
2022
$413 (−1.2%)
$750 + $6,025
$6,775
2021
$418 (−6.3%)
$750 + $6,025
$6,775
2020
$446
$750 + $6,025
$6,775
2019
$446
$750 + $5,400
$6,150
2018
$446 (+76.3%)
$750 + $5,400
$6,150
2017
$253 (−26.3%)
$750 + $5,400
$6,150
2016
$343
$750 + $5,400
$6,150
2014
$343
$750 + $7,100
$7,850
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Jul 18, 2023 • Final
Residential mechanical permit amendment
Install a new air conditioning coil, condenser, and ductwork.
HVAC
Jul 14, 2023 • Final
Residential mechanical
Perform a gas air test.
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central and Unit
Heating Fuel Type: Gas
Heating Type: Central
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Fair
Building Style Type: Traditional
Exterior Wall: Brick Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Hip
Property Information
Subdivision Name: RIDGEWAY
Living Sq. Ft: 1,554
Ground Floor Sq. Ft: 1,554
Building Sq. Ft: 1,554
# of Stories: 1
Stories Type: 1
Legal Description: WS RIDGEWAY COR BULLINGTON NW
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,900
Legal Lot Number: SE 11
Municipality Name: MEMPHIS
Acres: 0.1584
Depth Footage: 100
Front Footage: 69
Zoning Code: R-6
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,554
Stories: 1.0
Lot Size: 6,900 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1960
County: Shelby County
APN: 014034 00018
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
A B Hill Elementary School
Public PreK-5 • Assigned • 1.0mi
3/10
Riverview Middle School
Public PreK-8 • Assigned • 2.3mi
6/10
Hamilton High School
Public 9-12 • Assigned • 1.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 20 days in 30 years
4/10 Wind Factor
15% 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 • 38106
Average low and high temperatures (°F)
46
30
56
38
70
50
76
58
78
63
87
72
92
77
89
71
87
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$36,000 – $44,000
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