Sold
Last Sold Price
3 beds1,638 sqft
1537 Prescott Rd, Memphis, TN 38111
Single FamilyProperty Type
0.56 acresLot Size
1940Year Built
$21/sq ftPrice per sq ft

Description

Tenant occupied home on large lot in East Memphis. Please do not disturb tenant--drive by only. This is a great opportunity to buy a cash flowing investment property. Home has 3 bedrooms, 2 bathrooms, and seller has made repairs. Home is professionally managed. This could be an excellent addition to your investment portfolio. Make offers contingent on interior access. Very good price for an East Memphis home with 3 bedrooms, 2 bathrooms. Home has a covered front porch & big laundry room.Tenant occupied home on large lot in East Memphis. Please do not disturb tenant--drive by only. This is a great opportunity to buy a cash flowing investment property. Home has 3 bedrooms, 2 bathrooms, and seller has made repairs. Home is professionally managed. This could be an excellent addition to your investment portfolio. Make offers contingent on interior access. Very good price for an East Memphis home with 3 bedrooms, 2 bathrooms. Home has a covered front porch & big laundry room.
  • Listed by: Tyler Tapley • Crye-Leike, Inc., REALTORS
Listing closed: 10/08/2020 12:00 AM • Source: MAARMLS as distributed by MLS GRID, MLS#: 10037276

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Recent comparable sales

Median sold price

$120,000

Avg days on market

23

Sale-to-list ratio

99.4%

Memphis, TN

9 comparable properties found

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1/33
1

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Square Feet
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$90,000 | 3493 Heckle Avenue, Memphis, TN 38111
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Bedrooms
1,636
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front view of a brick house with a yard
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Sold 06/22/26

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0.21
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a front view of a house with garden
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Sold 11/17/25

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Acres
$140,000 | 1554 Galveston Street, Memphis, TN 38114
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1,657
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$169,000 | 3546 Fawn Cove, Memphis, TN 38111
1/30
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3
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1,494
Square Feet
0.15
Acres
a front view of a house with a yard
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7

$120,000

Sold 01/29/25

3
Bedrooms
1,667
Square Feet
0.57
Acres
$30,000 | 3582 Kimball Avenue, Memphis, TN 38111
1/2
8

$30,000

Sold 06/24/26

3
Bedrooms
2,704
Square Feet
0.88
Acres
a front view of a house with a yard
1/2
9

$50,000

Sold 08/19/25

3
Bedrooms
1,442
Square Feet
0.42
Acres

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS

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$258 per month

30 year fixed, 7.03% Interest

Principal and Interest

$187

Property Taxes

$71

HOA Dues

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Property Information for 1537 Prescott Road

Property Details
  • Taxes: $848 / year
  • MLS Type: Residential / Detached Single Family / No
  • Area: 757F
  • Style: Traditional
  • MAAR Subdivision Name: CHEROKEE
  • Legal Subdivision Name: ELAM
Building Information
  • Stories: 1
  • Year Built: 1940
  • Lot Size: 0.56 AC / 24,393 SF
Summary
Location and General Information
  • Address: 1537 PRESCOTT AVE
  • Address Search Number: 1537
  • Directions: TAKE RHODES AND GO SOUTH ON PRESCOTT, HOME WILL BE ON YOUR LEFT.
  • Map Coordinate: F
  • MLS Map Num: Pendleton/Park
  • Neighborhood Association: None
Parking
  • Parking Display: 0
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 09-25-2018
Property
Lot Information
  • Lot Size: 0.56
  • Acreage: .56
  • Lot Num: 3
  • Lot Description: Some Trees
  • Parcel ID: 059099 00005
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Other (See REMARKS)
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition
  • Misc Exterior: Porch, Patio
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: Not Available
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Part Hardwood, Tile
  • Heating: Other (See REMARKS)
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Other (See Remarks)
  • Master Bedroom Dimensions: 0x0
  • Total Baths: 2

Property History for 1537 Prescott Road

DateEvent & SourcePriceAppreciation
Oct 8, 2020

Sold

REALTRACS #3090217

$35,000—
Oct 8, 2020

Sold

MAARMLS #10037276

$35,000—
Oct 8, 2020

Contract Signed

REALTRACS #3090217

—
DateEvent & SourcePrice
10/08/2020

Sold

REALTRACS #3090217

$35,000
10/08/2020

Sold

MAARMLS #10037276

$35,000
10/08/2020

Contract Signed

REALTRACS #3090217

—

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

Schools near 1537 Prescott Road

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

Sherwood Middle School
Public6 to 8

Melrose High School
Public9 to 12

Westside Middle
Charter6 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1537 Prescott Road, Memphis, TN 38111
$35,000
3
1,638
24,393
$35,000
3
2
1,365
24,692
–
3
1
1,395
13,634
$20,525
2
2
1,516
13,632
$20,525
3
1,513
13,503
$73,100
3
1
1,430
13,667

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Inc., 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, Reelfoot Regional AOR 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, Reelfoot Regional AOR 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, Reelfoot Regional AOR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR, Reelfoot Regional AOR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.