768 AYERS ST, Memphis, TN 38107
ALLEN · Shelby County
Key Facts
Description
Investor Special located in one of Memphis’ fastest-rising areas, this 3-bed, 1-bath home offers almost 1,400sqft of solid 1960 construction with great bones and endless potential. Just minutes from St. Jude, Downtown, Crosstown Concourse, and the Pyramid, this property sits near new construction and renovated homes — a prime opportunity for rehabbers and buy-and-hold investors alike. The home will need a full renovation and clean-out, but once restored, it’s perfectly positioned to deliver strong appreciation and rental demand thanks to its central location and the ongoing neighborhood revitalization. ARV potential and location make this a powerful short-, mid-, and long-term opportunity. Don’t miss your chance to secure a solid project in the heart of Memphis growth! Seller owns many properties and is open to discounts for creative package deals. Owner financing available. Please ask listing agent for details.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other (See Remarks)
Year Built
1960
Stories
1
Living Area
1,372 sq ft
Lot Size
0.10 acres
Days on Market
229
MLS® Listing#
10208547
Property Features
Pool
Financial Details
Annual Taxes
$295
Parcel Number
021008 00009
Directions
Take I-240 to Exit 5 (Hernando DeSoto Bridge/US-51 North), follow US-51/Kenley Ave north, turn right onto Ayers St, then go about 0.3 miles to 768 Ayers St, Memphis TN 38107.
Affordability Calculator
$11,300
Estimated monthly payment
$301/mo
Principal $45,200 · Est. interest $63,058 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,438
- Median Sq Ft
- $125
- Median Price / Sq Ft
- 2,975
- Active Listings
- Its price per sq ft is 67% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
- 768 AYERS ST, Memphis, TN 38107
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Gordon Elementary School
Elementary · 0.2 mi away
Holy Names Catholic School
School · 0.4 mi away
Humes Preparatory Academy Middle School
Secondary · 0.4 mi away
Memphis Scholars Caldwell-Guthrie
Elementary · 0.4 mi away
Caldwell-Guthrie Elementary School
Elementary · 0.4 mi away
Northside High School
Secondary · 0.7 mi away
Manassas High School
Secondary · 0.7 mi away
Moore Tech School of Welding
Secondary · 0.7 mi away
Memphis College Prep Elementary School
School · 0.8 mi away
Perea Elementary School
Elementary · 0.8 mi away
Schools of Perea
School · 0.8 mi away
Klondike Elementary
Elementary · 0.8 mi away
Kipp Memphis Collegiate Elementary
Secondary · 0.8 mi away
Crosstown High
Secondary · 1.0 mi away
Memphis City Schools-Board of Education City Schools
Elementary · 1.2 mi away
Northwest Prep Academy
School · 1.2 mi away
The Maria Montessori School
Elementary · 1.4 mi away
Shepherd's School
Elementary · 1.4 mi away
Trustee David Lenoir County Trustee Downtown
School · 1.5 mi away
Memphis Grizzlies Preparatory Charter School
Secondary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1374 RAYNER ST, Memphis, TN | $39,900 | 2 | — | 1,224 |
| 2282 ELDRIDGE AVE, Memphis, TN | $39,900 | 4 | — | 936 |
| 1339 N WILLETT ST, Memphis, TN | $39,900 | 4 | — | 1,072 |
| 2495 WINNONA AVE, Memphis, TN | $39,900 | 3 | — | 1,050 |
| 2282 ELDRIDGE AVE, Memphis, TN | $39,900 | 4 | 1 | 936 |
| 5273 FLOWERING PEACH DR 5273, Memphis, TN | $39,990 | 2 | — | 960 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: The Home Partners Realty - 9013056047