Great investment opportunity! This 2-bedroom, 1-bath home offers strong potential for rental or renovation. Property is being sold as-is and priced accordingly. Ideal for investors or buyers looking for value. Convenient location with quick access to downtown, medical district, and major highways. Cash or conventional financing.
Winchester Park, located between Winchester Road and Riverdale Road, is a suburban and commercial Memphis neighborhood with broad arterials and pocket green spaces. The neighborhood’s character concentrates around the Winchester Rd & Riverdale Rd crossroads, where strip plazas, international eateries, and service storefronts set a busy, practical rhythm. Housing trends toward mid-century ranches and later brick builds on curving residential streets behind the main corridors. The daily soundtrack is traffic, school drop-offs, and planes tracing the sky from Memphis International Airport. For local pillars, the Dixon Gallery & Gardens and the Memphis Botanic Garden sit a short drive north, adding culture and calm to the area’s utilitarian feel. Parks and recreation cluster around nearby greenways and sports fields.
Provided by Walk Score and Local Logic
Market insights
292 Decatur St · $44,900
DAYS ON MARKET
64 days
The average home goes pending in 35 days.
SALE-TO-LIST
96.6%
Most homes are selling 3% below list price.
LIST PRICE
$44,900
Median list price in this area is $247,771. (452% higher than this home)
PRICE DROP
1 price drop
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Part hardwood floors
Separate living room
All bedrooms on the main level
4 total rooms
Single-story
Bedrooms
2 bedrooms (both on the main/lower level)
Bathrooms
1 full bathroom
Flooring
Part hardwood
Heating & cooling
Wall unit heating
No central cooling
Exterior features
Front porch
Brick veneer exterior
Level lot
Home design
Detached single-family home
Traditional style
Built in 1903
Parking
Driveway/pad parking
Construction
Brick veneer construction
1903 construction year
Utilities
Wall unit heating (electric or gas service for units)
No central air conditioning
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10224673
Jul 14, 2026
Price Changed
$44,900
Jun 24, 2026
Listed
$49,000
REALTRACS as Distributed by MLS Grid #3182798
Apr 26, 2026
Listing Removed
—
Mar 28, 2026
Listed
$50,000
REALTRACS as Distributed by MLS Grid #3055036
Dec 2, 2025
Listing Removed
—
Dec 2, 2025
Listed
$59,000
Memphis Area Association of Realtors(R) MLS #3
Apr 3, 2025
Price Changed
$59,000
Memphis Area Association of Realtors(R) MLS #2
Jan 24, 2024
Price Changed
$60,000
Memphis Area Association of Realtors(R) MLS #1
Dec 4, 2023
Price Changed
$80,000
Oct 18, 2023
Price Changed
$90,000
Memphis Area Association of Realtors(R) MLS #2523226
Jun 13, 2003
Sold
$13,500
Oct 23, 2002
Listed
$15,000
Public Records
Jun 22, 1999
Sold
$10,000
Year
Property tax
Land + Additions
Assessment*
2025
$510 (+23.4%)
$1,875 + $7,800
$9,675
2024
$413 (+8.1%)
$1,875 + $7,800
$9,675
2023
$382
$750 + $5,525
$6,275
2022
$382 (−1.2%)
$750 + $5,525
$6,275
2021
$387 (+63.0%)
$750 + $5,525
$6,275
2020
$237
$750 + $5,525
$6,275
2019
$237
$750 + $2,525
$3,275
2018
$237 (+76.3%)
$750 + $2,525
$3,275
2017
$135 (+37.3%)
$750 + $2,525
$3,275
2016
$98
$750 + $2,525
$3,275
2014
$98
$750 + $1,500
$2,250
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
30 ft.
Lot depth
135 ft.
Lot size
4,020 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
900
Unfinished Sq. Ft.
—
Total Sq. Ft.
900
Year built
1903
Style
Single Family Residential
County
Shelby County
APN
020089 00046
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RU-3
Residential Urban-3 District
Residential development in the RU-3 District allows a variety of housing types including single-family detached (conventional, side yard house, Cottage), single-family attached (semi-attached, two-family, townhouse), and multifamily (large home, stacked townhouse, apartment). New RU-3 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, RU-3 districts should have a shared street network with and are generally located at least 500 ft from a CMU-1, CMU2, CMU-3, or CBD district or are within 500 ft of 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 7, 2020 • Final
Residential mechanical
Perform pressure testing on a utility line.
Gas
Plumbing
Oct 7, 2020 • Final
Residential electrical
Repair or replace a riser and meter socket damaged by a tree.
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
7/10 Heat Factor
7 days above 109° expected this year, 21 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 • 38105
Average low and high temperatures (°F)
46
30
56
37
70
50
76
58
78
63
87
72
92
77
90
72
85
67
77
57
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 292 Decatur St
$37,873
$7,027 under list price of $45K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $25K to $120K.