OFF MARKET

Off Market Oct 2021 for $925K

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Est. refi paymentEst. refi $4,456/mo

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sq ft

603 S Rembert St S, Memphis, TN 38104

About this home

Rembert Residence is proud to announce this garden-style 8 plex consisting of 4 two bedrooms 1100 sq feet each, 3 one bedrooms, and one studio in the heart of Midtown upscale residential area. This property is a true value add play. Location! Location! 3 units have been completely rehabbed. Roof has been inspected and is in great condition. Boiler system has been yearly serviced and in good condition. The strong stable value-add opportunity this asset presents is undeniable. T

Multi-familyProperty Type

1920Year Built

Listed by Felecia Magro • The Stamps Real Estate Company

Bought with Felecia Magro • The Stamps Real Estate Company

Redfin checked: a minute ago

•Source:Memphis Area Association of Realtors(R) MLS #10105375

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 38104, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.5%

+0.0% MoM

Median sale price

$325K

$40K MoM

Avg. days on market

41d

1 days MoM

Recently sold homes

10 MoM

New listings for sale

NEW 15 HRS AGO
$589,000
6 beds— baths— sq ft
1557 Central Ave, Memphis, TN 38104
$340,000
3 beds— baths— sq ft
2053 Linden Ave, Memphis, TN 38104
$375,000
4 beds2.5 baths— sq ft
634 S Cox St, Memphis, TN 38104
$103,900
2 beds1 bath— sq ft
108 N Belvedere Blvd #32, Memphis, TN 38104
$500,000
4 beds— baths— sq ft
1261 Central Ave, Memphis, TN 38104
$470,000
5 beds3.5 baths— sq ft
31 S Morrison St, Memphis, TN 38104
$449,900
— beds— baths5,184 sq ft
1292 Court Ave, Memphis, TN 38104
$239,000
3 beds2.5 baths— sq ft
1514 Granville Ln, Memphis, TN 38104
$279,900
3 beds2.5 baths— sq ft
1501 Granville Ln, Memphis, TN 38104
$215,000
2 beds2 baths— sq ft
2195 Poplar Ave #404, Memphis, TN 38104
See all

Provided by Redfin

Sale history for 603 S Rembert St S

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10105375

Oct 29, 2021

Sold

$925,000

Jul 30, 2021

Listed

$945,000

Public Records

Apr 13, 2021

Sold

$635,000

Memphis Area Association of Realtors(R) MLS #3264453

Aug 27, 2013

Sold

$475,000

Feb 1, 2013

Listed

$565,000

Year

Property tax

Land + Additions

Assessment*

2025

$10,860 (−18.2%)

$41,160 + $164,880

$206,040

2024

$13,279 (+8.1%)

$41,160 + $164,880

$206,040

2023

$12,283

$28,800 + $172,840

$201,640

2022

$12,283 (−1.2%)

$28,800 + $172,840

$201,640

2021

$12,427 (−4.0%)

$28,800 + $172,840

$201,640

2020

$12,941

$25,360 + $176,280

$201,640

2019

$12,941

$25,360 + $153,240

$178,600

2018

$12,941 (+76.3%)

$25,360 + $153,240

$178,600

2017

$7,340 (+86.0%)

$25,360 + $153,240

$178,600

2016

$3,946

$25,360 + $153,240

$178,600

2014

$3,946

$23,040 + $67,280

$90,320

Tax history for 603 S Rembert St S

Year

Property tax

Land + Additions

Assessment*

2025

$10,860 (−18.2%)

$41,160 + $164,880

$206,040

2024

$13,279 (+8.1%)

$41,160 + $164,880

$206,040

2023

$12,283

$28,800 + $172,840

$201,640

2022

$12,283 (−1.2%)

$28,800 + $172,840

$201,640

2021

$12,427 (−4.0%)

$28,800 + $172,840

$201,640

2020

$12,941

$25,360 + $176,280

$201,640

2019

$12,941

$25,360 + $153,240

$178,600

2018

$12,941 (+76.3%)

$25,360 + $153,240

$178,600

2017

$7,340 (+86.0%)

$25,360 + $153,240

$178,600

2016

$3,946

$25,360 + $153,240

$178,600

2014

$3,946

$23,040 + $67,280

$90,320

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.38 Acres

Year renovated

1995

Sq. Ft.

8,743

Year built

1920

Style

Multi-Family (5+ Unit)

County

Shelby County

APN

016056 00017

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

Feb 19, 2024 • Final

Residential mechanical

Install central heating and air conditioning systems including air handlers, evaporator coils, air conditioner condensers, and ductwork.

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

Parking

Parking Information
Parking Facility: Concrete, Offsite/Street, Covered

Interior

Interior Features
# of Stories: 2
Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor, 8 Feet, 9 Ft+
Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Smoke Detector(s)
Washer In Unit, Dryer In Unit

Multi-Unit Information
# of Efficiency/Studio Units: 1
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 4
# of Units (Total): 8
Percent Occupancy: 100
Type of Units: Efficiency/Studio, 1 Br - 1 Bathroom, 2 Br - 1 Bathroom
Gross Potential Annual Rent: $102,000
Average Annual Utilities: $5,800
Annual Insurance Expenses: $2,790
Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Pest Control, Taxes

Exterior

Exterior Features
Miscellaneous Exterior: Curbs/Gutters, Sidewalks, Security Lighting, Professional Landscaping, Partially Fenced, Historic District
Foundation: Conventional/Crawl Space, Partial Basement
Roof: Composition, Shingle/Shake, Flat, Other (See Remarks)

Lot Information
Parcel ID: 016056 00017
Lot #: 9
Lot Size: 145 X 113.5
Area: 746G

Property Information
# of Buildings: 1
Apartment Complex
Brick, Wood/Composition, Aluminum/Steel Siding, Masonry/Block
Year Built: 1920

Financial

Tax Information
Annual City Tax: $5,708
Annual County Tax: $7,233

Lease / Rent Information
Type Of Leases: Year
Tenant Pays: Some Utilities, Electric, Security Deposit, Pet Deposit
Actual Annual Rent: $88,740

Financing
New Financing: Conventional, Exchange
Existing Financing: Other (See Remarks)

Utilities

Utility Information
Hot Water: Gas, Public Water, Public Sewer
Heating Systems: Gas, Wall Heat
Cooling Systems: 1 Window Unit Per Unit, 2+ Window Units Per Unit

Location

Homeowners Association Information
Balcony/Patio

Location Details
Directions: union to rembert turn left apartment is on right
MAAR Subdivision Name: CENTRAL GARDENS

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 8,743
Stories: —
Lot Size: 0.38 acres
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: 1995
County: Shelby County
APN: 016056 00017

Home facts updated by county records on Jul 13, 2026

Other

Listing Information
Possession: At Closing, Tenants Rights

Around this home

Schools

Idlewild Elementary School

Public K-5 • Assigned • 0.3mi

8/10

Central High School

Public 9-12 • Assigned • 1.4mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-14% chance 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 108° 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 • 38104

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

10.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 38104

NEW 15 HRS AGO

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$340,000

3 beds— baths— sq ft

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108 N Belvedere Blvd #32, Memphis, TN 38104

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$470,000

5 beds3.5 baths— sq ft

31 S Morrison St, Memphis, TN 38104

$449,900

— beds— baths5,184 sq ft

1292 Court Ave, Memphis, TN 38104

$239,000

3 beds2.5 baths— sq ft

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Home values near 603 S Rembert St S

Data from public records.

Address	Redfin Estimate
586 South Rembert St, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$294,519
596 South Rembert St, Memphis, TN 2 Beds \| 1 Baths \| 1040 Sq. Ft.	$196,987

Address	Redfin Estimate
582 South Rembert St, Memphis, TN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$302,535
593 South Rembert St, Memphis, TN 4 Beds \| 2 Baths \| - Sq. Ft.	$249,893

Address	Redfin Estimate
590 South Rembert St, Memphis, TN 2 Beds \| 1 Baths \| 1262 Sq. Ft.	$289,647
1983 Vinton Ave, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$254,444

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 38104, TN

Sale history for 603 S Rembert St S

Tax history for 603 S Rembert St S

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 38104

Home values near 603 S Rembert St S

More real estate resources