1102 S Somerville St

—
Beds
—
Baths
3,199 Sq. Ft.
$37 / Sq. Ft.
3,199
Sq. Ft.
$37
per Sq. Ft.

Description

Here's your chance at a value add opportunity in South Memphis. 6 units total. This was a rooming house previously. Rents were between $500-$600 ea. Vacant, easy to show. Selling as-is, seller will not make repairs. Seller will finance w/ $30k down at 11% interest/ 3yr balloon amortized over 30yrs.Here's your chance at a value add opportunity in South Memphis. 6 units total. This was a rooming house previously. Rents were between $500-$600 ea. Vacant, easy to show. Selling as-is, seller will not make repairs. Seller will finance w/ $30k down at 11% interest/ 3yr balloon amortized over 30yrs.
  1. Listed by Caleb Parr • Renshaw Company, REALTORS

Property Details for 1102 South Somerville Street

Area
746I
MAAR Subdivision Name
WILLIAMS BLK 95
Legal Subdivision Name
WILLIAMS BLK 95
LISTING UPDATED: 10/28/2024 02:49 PM

Property Details for 1102 South Somerville Street

StatusClosed
MLS #10174539
Days on Market60
Taxes$1,084 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.19 AC / 8,250 SF
CountyShelby County

Location

Listing Courtesy of Renshaw Company, REALTORS

Sold By MLE Realty, LLC

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Building Information for 1102 South Somerville Street

Stories2Residences3Year Built1900Building Size-Lot Size0.19 AC / 8,250 SF

Payment Calculator

$688 per month

30 year fixed, 6.36% Interest

Principal and Interest

$597

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1102 South Somerville Street

Summary
Location and General Information
  • Address: 1102 S SOMERVILLE ST
  • Address Search Number: 1102
  • Directions: North on McLemore, property will be on your right. No sign
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 06-13-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: I
  • MLS Map Num: Central Gardens
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 06-13-2024
Property
Lot Information
  • Lot Size: 55X150
  • Parcel ID: 026012 00028
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Percent Occupancy: 0
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 6
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Other (See Remarks)
  • Cooling Systems: Other (See Remarks)
  • Existing Financing: Other (See REMARKS)
  • Gross Potential Annl Rent: $43,200
  • Heating Systems: Other (See Remarks)
  • Laundry: None
  • Operating Expenses: All Utilities
  • Parking Facility: Concrete, Gravel
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Source Of Info: Projected
  • Tenant Pays: Other (Call LA)
  • Type Units: 1 BR - 1 Bath

Property History for 1102 South Somerville Street

DateEvent & SourcePriceAppreciation
May 18, 2026

Permanently Off Market

MAARMLS #10213723

—
Jan 29, 2026

Listed (Active)

MAARMLS #10213723

$150,000—
Oct 28, 2024

Sold (Public Record)

Public Record #1543840990

$119,900

+548.0% / yr

DateEvent & SourcePrice
05/18/2026

Permanently Off Market

MAARMLS #10213723

—
01/29/2026

Listed (Active)

MAARMLS #10213723

$150,000
10/28/2024

Sold (Public Record)

Public Record #1543840990

$119,900

+548.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1102 South Somerville Street

Taxable ValueLand$5,000Additions$18,240Total$23,240
Tax Record2024$1,530 ($128 / month)
Home Facts
Baths1Total Finished SqFt3,199 SqFtAbove Grade Finished SqFt3,199 SqFtStories1Lot Size8,233 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR-6CountySHELBYAPN026-012- - -00028Fireplace TypeHas Fireplace

Schools near 1102 South Somerville Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Cummings Elementary School
PublicPK to 8

Hamilton High School
Public9 to 12

Compass Community School Frayser Campus
CharterK to 8

Memphis Merit Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Renshaw Company, REALTORS

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.