SOLD SEP 1, 2026

Sold on sep 2026

$59,800

•

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sq ft

2991 Walnut Grove Rd #2, Memphis, TN 38111

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About this home

Welcome to this unique 1st-floor flat in a cooperative community, offering low-maintenance living in a central location. This 2BD, 1BA unit features hardwood floors throughout and an updated kitchen, with appliances just one year old that stay. New windows provide added efficiency and natural light. Unlike a traditional condo, this co-op ownership means residents are part owners of the entire community, creating a more connected and well-maintained environment. A security gate with cameras covering parking and entry points offer added peace of mind. The monthly HOA covers water/sewer, trash, property taxes, exterior insurance, and grounds maintenance, making for truly simplified living. Recent exterior updates include new siding and a newer roof. Ideally located within two miles of popular Midtown attractions (UofM, Liberty Stadium, MOSH, Memphis Zoo, etc. ) and under 5 miles to the Medical District, this property offers unbeatable convenience. Don't miss it!

CondoProperty Type

1956Year Built

Listed by Amy Foster • Bryan Realty Group

Bought with NON-MLS NON-BOARD AGENT • NON-MLS OR NON-BOARD OFFICE

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10220063

Redfin Estimate

$93,709

$34K since sold in September 2026$6,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 36.8% lower than the average sale price ($148K) of 6 comparable homes.

SOLD AUG 28, 2026
$50,000
A
2 beds1 bath— sq ft
2863 Crest Ave, Memphis, TN 38112
SOLD JUL 23, 2026
$165,000
B
2 beds1 bath— sq ft
3175 Northwood Dr, Memphis, TN 38111
SOLD SEP 3, 2026
$199,900
C
3 beds1 bath— sq ft
3210 S Waynoka Cir, Memphis, TN 38111
SOLD MAY 28, 2026
$194,500
D
2 beds1 bath— sq ft
2754 Union Ave, Memphis, TN 38111
SOLD SEP 18, 2026
$65,000
E
2 beds1 bath— sq ft
2612 Union Ave, Memphis, TN 38112
SOLD JUN 30, 2026
$215,000
F
3 beds1 bath— sq ft
100 S Greer St, Memphis, TN 38111

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Market trends in 38111, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.5%

+0.9% MoM

Median sale price

$178K

$12K MoM

Avg. days on market

40d

13 days MoM

Recently sold homes

126

1 MoM

New listings for sale

OPEN SUN, 12PM TO 1:30PM
$495,000
3 beds2.5 baths— sq ft
3902 Poplar Ave, Memphis, TN 38111
NEW 6 HRS AGO
$132,900
3 beds1 bath— sq ft
1320 Semmes St, Memphis, TN 38111
NEW 6 HRS AGO
$124,900
3 beds1 bath— sq ft
1297 S Greer St, Memphis, TN 38111
NEW 6 HRS AGO
$132,900
3 beds1 bath— sq ft
1155 S Greer Rd, Memphis, TN 38111
$84,900
2 beds1 bath— sq ft
3650 Mallory Ave, Memphis, TN 38111
$199,000
2 beds2 baths— sq ft
420 Josephine St, Memphis, TN 38111
$225,000
4 beds2 baths— sq ft
755 Houston St, Memphis, TN 38111
$265,000
3 beds2 baths— sq ft
3254 Central Ave, Memphis, TN 38111
OPEN SUN, 1PM TO 2:30PM
$325,000
3 beds2 baths— sq ft
3582 Southwood Ave, Memphis, TN 38111
$699,000
6 beds5 baths— sq ft
3616 Central Ave, Memphis, TN 38111
See all

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Rental estimate

Est. $1,179 per month, based on comparable rentals

Sale and tax history for 2991 Walnut Grove Rd #2

Sale History
Tax History

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10220063

Sep 10, 2026

Price Changed

$59,800

Sep 1, 2026

Sold

$59,800

Jul 13, 2026

Price Changed

$63,000

May 2, 2026

Listed

$68,000

Memphis Area Association of Realtors(R) MLS #10192276

May 1, 2025

Sold

$69,000

Mar 17, 2025

Listed

$74,000

Rare opportunity to own this unique property just 5 minutes from U of M and 10 minutes from the medical center. It is a CO-OP not a Condo. This is a two bedroom one bath downstairs unit. Kitchen with new refrigerator and dishwasher. Hardwood floors throughout. Secure gated property with Security cameras throughout the complex covering all parking, entrance & exit gates. NO long or short term RENTALS are allowed in the Walnut Grove Apartments. Cash or bank loan only. Monthly HOA fee of $350 includes water/sewer, property taxes, exterior insurance and grounds maintenance and trash collection. Buyers pay $200 application fee for co-op approval.

Memphis Area Association of Realtors(R) MLS #10137644

Dec 6, 2022

Sold

$59,900

Nov 14, 2022

Listed

$59,900

Rare opportunity to own in this unique co-op property just 5 minutes from UofM and 10 minutes from the medical center. This 2 bedroom 1 bath downstairs apartment has updated kitchen and parquet floors. Secure gated property. HOA fee of $350 covers property taxes, ext. insurance, ext. and grounds maintenance, water/sewer & trash collection. Not a condo. Cash only. Seller will consider short term financing with substantial down payment. Buyers pay $200 application fee for co-op approval.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Shelby County

APN

044012 00001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 5, 2025.

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

Property details

Parking

Parking Information
Parking/Storage: Assigned Parking, Gated Parking

Interior

Bedroom Information
# of Bedrooms (Lower): 2
# of Bedrooms: 2
# of Bedrooms: 2
# of Bedrooms Down: 2
Master Bedroom Dimensions: 12 x 12
Master Bedroom Dimensions: 12 x 12
Primary Bedroom: Hardwood Floor, Level 1, Smooth Ceiling
Bedroom 2 Dimensions: 12 x 12
Bedroom 2 Dimensions: 12 x 12
Bedroom 2 Description: Hardwood Floor, Shared Bathroom, Level 1, Smooth Ceiling

Bathroom Information
# of Baths (Full): 1
# of Bathrooms (Full): 1

Interior Features
# of Rooms: 4
# of Stories: 1
1st Story Floor Plan: 2nd Bedroom, Kitchen, Living Room, 1 Bathroom, Master Bedroom
Miscellaneous Interior: Smoke Detector(s)
Interior Equipment: Dishwasher, Disposal, Refrigerator, Gas Cooking, Microwave, Range/Oven
Floors/Ceilings: Hardwood Throughout, Smooth Ceiling

Room Information
Living Room Dimensions: 18 x 13
Dining Room Dimensions:
Den/Great Room Dimensions:
Kitchen Dimensions: 9x8
Dining Room Dimensions: 0x0
Living Room Dimensions: 18x13
Living/Dining/Kitchen: Living Room/Dining Room Combination, Updated/Renovated Kitchen, Washer/Dryer Connection In Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: 1 or More BR Down, All Bedrooms Down, Full Bathroom Down, Master Bedroom Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Patio
Exterior/Windows: Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles

Lot Information
Lot #: UNIT 2
Lot Size: 0
Lot Description: Some Trees
Area: 754B

Property Information
Attached Single Family
Style: Traditional
Property Construction Status: Existing Property
Year Built: 1956

Financial

Financing
Buyer Contributions: 0

Utilities

Utility Information
Water & Sewer: Gas Water Heater, Public Sewer, Public Water
Heating: Central
Cooling: Ceiling Fan(s), Central

Location

Multi-Unit Information
Attached Unit Type: First Floor Flat

Homeowners Association Information
Management Company: Lubin
Is Condo
Condo Amenities: Other (See Remarks)
Is Condominium Association
Monthly Maintenance Fee: $350
Security: Security Gate

Neighborhood Information
Neighborhood Amenities: Other (See Remarks)

Location Details
Directions: From the intersection of Highland St and Walnut Grove Rd, head west on Walnut Grove. Continue for 0.9 miles then turn left through the security gate entrance. Walnut Grove Apartments are located just west of the Benjamin Hooks Library.
MAAR Subdivision Name: WALNUT GROVE APARTMENTS (CO OP)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Shelby County
APN: 044012 00001

Home facts updated by county records on Aug 5, 2025

Around this home

Schools

William Herbert Brewster Elementary School

Public PreK-5 • Assigned • 1.0mi

6/10

Treadwell Middle School

Public 6-8 • Assigned • 1.9mi

5/10

Douglass High School

Public 9-12 • Assigned • 2.8mi

2/10

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

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 • 38111

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

90/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$90,000 – $108,000

Sell confidently with a local market expert in Memphis.

Nearby similar homes

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Renovated • Move-in ready • New cabinets

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Gas cooking • Built 1962

Listing provided by REALTRACS

$110,000

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Fifth floor view • New tile • Walk in closet

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Gated parking • Pool • Covered patio

New listings for sale in 38111

OPEN SUN, 12PM TO 1:30PM

$495,000

3 beds2.5 baths— sq ft

3902 Poplar Ave, Memphis, TN 38111

Screened in porch • Sprawling backyard • Fully fenced

NEW 6 HRS AGO

$132,900

3 beds1 bath— sq ft

1320 Semmes St, Memphis, TN 38111

Investment property • 0.34 acre lot • Parking

NEW 6 HRS AGO

$124,900

3 beds1 bath— sq ft

1297 S Greer St, Memphis, TN 38111

High-demand area • 0.24 acre lot • Parking

NEW 6 HRS AGO

$132,900

3 beds1 bath— sq ft

1155 S Greer Rd, Memphis, TN 38111

0.23 acre lot • Built 1948

$84,900

2 beds1 bath— sq ft

3650 Mallory Ave, Memphis, TN 38111

Large private lot • New roof • Renovated bathroom

$199,000

2 beds2 baths— sq ft

420 Josephine St, Memphis, TN 38111

Remodeled home • Fresh paint • New fixtures

$225,000

4 beds2 baths— sq ft

755 Houston St, Memphis, TN 38111

Built 1950 • Listed 3 days

$265,000

3 beds2 baths— sq ft

3254 Central Ave, Memphis, TN 38111

Corner lot • Electric gate • Hardwood floors

OPEN SUN, 1PM TO 2:30PM

$325,000

3 beds2 baths— sq ft

3582 Southwood Ave, Memphis, TN 38111

Move in ready • Rare cove lots • Built in bookshelves

Home values near 2991 Walnut Grove Rd #2

Data from public records.

Address	Redfin Estimate
2995 Walnut Grove Rd Apartment 4, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$64,537
3005 Walnut Grove Rd Apartment 3, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$52,510

Address	Redfin Estimate
2987 Walnut Grove Rd Apartment 3, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$62,779
2993 Walnut Grove Rd Apartment 2, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$84,664

Address	Redfin Estimate
2985 Walnut Grove Rd Apartment 3, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$59,343
2985 Walnut Grove Rd, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$193,973

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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2991 Walnut Grove Rd #2, Memphis, TN 38111

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About this home

Redfin Estimate

Market trends in 38111, TN

Homeowner tools

Sale and tax history for 2991 Walnut Grove Rd #2

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38111

Home values near 2991 Walnut Grove Rd #2

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