Back on the market! Check out this fully renovated 3 bedrooms , 1 bathroom home with updated flooring, fresh interior paint, upgraded kitchen, and modern fixtures throughout. Solid cash-flowing rental. Strong rental area. Investors welcome.
Hamilton, located between Summer Avenue and Macon Road, is a residential and industrial Memphis neighborhood with rail corridors and warehouse blocks. The neighborhood’s character concentrates around the Summer Ave & Graham St corridor, where auto shops, taquerias, and small storefronts line a fast-moving commercial strip. Housing skews to modest mid-century ranches and older cottages set on practical lots, with long sightlines to utility easements and tracks. Broad arterials shape daily rhythms, with local errands oriented to Summer Avenue’s independent businesses. Nearby green space and community facilities add a quieter counterpoint to the working streetscape.
Provided by Walk Score and Local Logic
Market insights
1377 Lyceum Rd · $179,900
SALE-TO-LIST
96.3%
Most homes are selling 4% below list price.
LIST PRICE
$179,900
Median sale price in this area is $269,256. (50% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Parking Pad
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
Heating & Cooling
Has Heating
Heating Information: Other
Has Cooling
Cooling Information: Other
Interior Features
Flooring: Other
Exterior
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Other
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Other
Lot Information
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Dimensions: 50X100
Financial
Tax Information
Tax Annual Amount: $505
Location
Location Information
Directions: Follow I-240 W to Airways Blvd. Take exit 23A from I-240 W. Continue on Airways Blvd. Take Dunn Ave to Lyceum Rd. Destination will be on the left.
Public facts
Beds: 2
Baths: 1.0
Finished Sq. Ft.: 800
Unfinished Sq. Ft.: —
Total Sq. Ft.: 800
Stories: 1.0
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1949
Year Renovated: 1990
County: Shelby County
APN: 060071 00003
Home facts updated by county records on Jul 13, 2026
Other
Home Information
Living Area: 800
Living Area Units: Square Feet
Living Area Source: Other
Building Area Total: 800
Building Area Units: Square Feet
Building Area Source: Other
Year Built Details: Existing
Levels: Three Or More
Sale and tax history for 1377 Lyceum Rd
Sale History
Tax History
Date
Event
Price
TENANTCLOUD #2
Aug 4, 2026
Rental Removed
$1,300
$2/sq ft
Jul 4, 2026
Listed for Rent
$1,300
$2/sq ft
REALTRACS as Distributed by MLS Grid #3057046
Dec 22, 2025
Pending
—
Dec 5, 2025
Relisted
—
Dec 5, 2025
Price Changed
$179,900
$225/sq ft
Dec 3, 2025
Listed
$240,500
$301/sq ft
Dec 3, 2025
Listing Removed
—
Memphis Area Association of Realtors(R) MLS #10210205
Dec 5, 2025
Price Changed
$179,900
$225/sq ft
Nov 21, 2025
Listed
$240,500
$301/sq ft
Back on the market! Check out this fully renovated 3 bedrooms , 1 bathroom home with updated flooring, fresh interior paint, upgraded kitchen, and modern fixtures throughout. Solid cash-flowing rental. Strong rental area. Investors welcome.
APPFOLIO #1
Jul 23, 2025
Rental Removed
$1,300
$2/sq ft
Apr 1, 2025
Listed for Rent
$1,300
$2/sq ft
Public Records
Feb 3, 1969
Sold
$9,200
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$895 (+77.0%)
$1,450 + $15,525
$16,975
2024
$505 (+125.8%)
$1,450 + $15,525
$16,975
2023
$224
$725 + $6,950
$7,675
2022
$224 (−1.2%)
$725 + $2,950
$3,675
2021
$227 (−9.4%)
$725 + $2,950
$3,675
2020
$250
$725 + $2,950
$3,675
2019
$250
$725 + $2,725
$3,450
2018
$250 (+76.3%)
$725 + $2,725
$3,450
2017
$142 (−20.8%)
$725 + $2,725
$3,450
2016
$179
$725 + $2,725
$3,450
2014
$179
$725 + $3,375
$4,100
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
100 ft.
Lot size
5,000 Sq. Ft.
Year renovated
1990
Finished Sq. Ft.
800
Unfinished Sq. Ft.
—
Total Sq. Ft.
800
Year built
1949
Style
Single Family Residential
County
Shelby County
APN
060071 00003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RU-1
Residential Urban-1 District
Residential development in the RU-1 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage) and single-family attached (semi-attached, two-family). New RU-1 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU2, CMU-3, or CBD district or at are least 500 to 1,000 ft from an arterial.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Oct 12, 2021 • Final
Residential electrical
Perform a safety inspection.
Electrical
Apr 21, 2021 • Final
Residential electrical
Perform minor electrical repairs to secure the service and repair the grounding system. Install smoke detectors.
Electrical
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.
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
16% 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
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1377 Lyceum Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $28,000 and $196,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $28K to $196K.