1240 Ethel St

$145,000
Price
8
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov 1, 2025 10-11:30 am This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov 1, 2025 10-11:30 am This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

Property Details for 1240 Ethel Street

Area
757C
Style
Traditional
Parking
Driveway/Pad
MAAR Subdivision Name
LAMBERTS PARK AVE
Legal Subdivision Name
LAMBERTS PARK AVE
LISTING UPDATED: 12/03/2025 07:06 PM

Property Details for 1240 Ethel Street

StatusActive
MLS #10205877
Days on Market80
Taxes$2,998 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Built as Duplex
Year Built2013
Lot Size0.13 AC / 5,600 SF
CountyShelby County

Location

Listing Courtesy of Dreamteam Realty Co
Add your commute

Building Information for 1240 Ethel Street

Stories1Year Built2013Building Size-Lot Size0.13 AC / 5,600 SF

Payment Calculator

$966 per month

30 year fixed, 6.28% Interest

Principal and Interest

$716

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1240 Ethel Street

Summary
Location and General Information
  • Address: 1240 ETHEL ST
  • Address Search Number: 1240
  • Directions: Airways to Ethel Street
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 09-17-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: C
  • MLS Map Num: Pendleton/Park
Parking
  • Parking Display: N
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 09-17-2025
Property
Lot Information
  • Lot Size: 50X112
  • Lot Num: 74 & 75
  • Lot Description: Other (See Remarks)
  • Parcel ID: 061006 00023
Property and Assessments
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central Cooling, Other (See Remarks)
Interior and Exterior Features
Exterior Features
  • Pool Description: None
Interior Features
  • Num of Fireplaces: 0.0
  • Floors/Ceilings: Part Carpet, Tile, Other (See REMARKS)
  • Heating: Central, Other (See Remarks)
Multi Family
Unit 1
  • Unit 1: LR/DR Combination
  • Unit 1 Bedrooms: 4
  • Unit 1 BR 2 Dimension: 0x0
  • Unit 1 BR 3 Dimension: 0x0
  • Unit 1 Den GR Dimensions: 0x0
  • Unit 1 DR Dimension: 0x0
  • Unit 1 Full Baths: 2
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 0x0
  • Unit 1 Total Baths: 2
Unit 2
  • Unit 2: LR/DR Combination
  • Unit 2 Bedrooms: 4
  • Unit 2 BR 2 Dimension: 0x0
  • Unit 2 BR 3 Dimension: 0x0
  • Unit 2 Den GR Dimension: 0x0
  • Unit 2 DR Dimension: 0x0
  • Unit 2 Full Baths: 2
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 0x0
  • Unit 2 Total Baths: 2

Property History for 1240 Ethel Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

MAARMLS #10205877

—
Nov 14, 2025

Contract Signed

MAARMLS #10205877

—
Oct 31, 2025

Price Change

MAARMLS #10205877

$145,000—
Sep 15, 2025

Price Change

MAARMLS #10205877

$150,000—
Sep 15, 2025

Listed (Active)

MAARMLS #10205877

$145,000—
DateEvent & SourcePrice
12/03/2025

Listed (Active)

MAARMLS #10205877

—
11/14/2025

Contract Signed

MAARMLS #10205877

—
10/31/2025

Price Change

MAARMLS #10205877

$145,000
09/15/2025

Price Change

MAARMLS #10205877

$150,000
09/15/2025

Listed (Active)

MAARMLS #10205877

$145,000

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

Public Records for 1240 Ethel Street

Taxable ValueLand$2,600Additions$94,000Total$96,600
Tax Record2024$6,362 ($530 / month)
Home Facts
Baths4Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories1Lot Size5,576 SqFtStyleDuplexYear Built2013ZoningRU-1CountySHELBYAPN061-006- - -00023Fireplace TypeHas Fireplace

Schools near 1240 Ethel Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Dunbar Elementary School
PublicPK to 5

Sherwood Middle School
Public6 to 8

Melrose High School
Public9 to 12

Hanley Elementary School
PublicPK to 5

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.

Similar Homes

Similar Sold Homes

1240 Ethel Street is a single family home for sale in Memphis, TN 38114. This property was listed for sale on September 15, 2025 by Dreamteam Realty Co, it's currently listed at $145,000. This listing's school district is Shelby County Schools. Nearby schools include Dunbar Elementary School, Sherwood Middle School and Melrose High School. 1240 Ethel Street is a 8-bed, 4-bath, single family home built in 2013.

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 Dreamteam Realty Co

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© 2025 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.