505 High Point Ter

2
Baths
1,875 Sq. Ft.
$149 / Sq. Ft.
1,875
Sq. Ft.
$149
per Sq. Ft.

Description

Beautifully Renovated Duplex in Sought-After High Point Terrace. Rare opportunity to own a fully updated duplex in one of Memphis’s most desirable neighborhoods. Updates within the past 10 years include: HVAC systems, roof, hot water heater, sewer line, privacy fence, upgraded electrical, upgraded plumbing, one newer bathroom, modernized kitchens, and more. The owner’s unit is spacious and full of charm, while both units are truly move-in ready. Currently month-to-month, with strong potential for...Beautifully Renovated Duplex in Sought-After High Point Terrace. Rare opportunity to own a fully updated duplex in one of Memphis’s most desirable neighborhoods. Updates within the past 10 years include: HVAC systems, roof, hot water heater, sewer line, privacy fence, upgraded electrical, upgraded plumbing, one newer bathroom, modernized kitchens, and more. The owner’s unit is spacious and full of charm, while both units are truly move-in ready. Currently month-to-month, with strong potential for increased rental income. Live in one side and let the other help pay your mortgage! Duplexes in High Point Terrace are hard to come by, and you'll love being within walking distance to the High Point retail center.
  1. Listed by Tim Tanner • Crye-Leike, Inc., REALTORS

Property Details for 505 High Point Terrace

Area
755A
Style
Ranch, Traditional
Parking
Driveway/Pad
MAAR Subdivision Name
HIGH POINT TERRACE
Legal Subdivision Name
GREENLAWN 3RD ADDN
LISTING UPDATED: 05/02/2025 12:45 PM

Property Details for 505 High Point Terrace

StatusClosed
MLS #10192718
Days on Market4
Taxes$3,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Built as Duplex
Year Built1952
Lot Size0.18 AC / 7,800 SF
CountyShelby County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS

Sold By eXp Realty, LLC

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Building Information for 505 High Point Terrace

Stories1Year Built1952Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$1,614 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,360

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 505 High Point Terrace

Summary
Location and General Information
  • Address: 505 HIGH POINT TER
  • Address Search Number: 505
  • Directions: Go North on High Point Terrace from Walnut Grove. Pass High point grocery and you will see it on your left.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 03-25-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Galloway Gardens
  • Second Address Num: 507
Parking
  • Parking Display: N0
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 03-24-2025
Property
Lot Information
  • Lot Size: 60X130
  • Lot Num: 143
  • Lot Description: Landscaped, Some Trees, Wood Fenced
  • Parcel ID: 044085 00016
Property and Assessments
  • Foundation: Conventional
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central Cooling
Interior and Exterior Features
Exterior Features
  • Misc Exterior: Patio
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Smoke Detector(s), Other (See REMARKS)
  • Approx Sq Ft Entire Duplex: 1800-1999
  • Floors/Ceilings: Part Hardwood, Tile
  • Heating: Central
  • Miscellaneous Interior: All Window Treatments, Pull Down Attic Stairs, Cable Available
Multi Family
Unit 1
  • Unit 1: Pantry in Kitchen, Separate Dining Room, Separate Living Room, Updated/Renovated Kit, W/D Connection in Kitchen
  • Unit 1 Bedrooms: 2
  • Unit 1 BR 2 Dimension: 0x0
  • Unit 1 Den GR Dimensions: 0
  • Unit 1 DR Dimension: 0x0
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 0x0
  • Unit 1 Monthly Rent: $1,250
  • Unit 1 Total Baths: 1
Unit 2
  • Unit 2: Separate Dining Room, Separate Living Room, Updated/Renovated Kit, W/D Connection in Kitchen
  • Unit 2 Bedrooms: 2
  • Unit 2 BR 2 Dimension: 0x0
  • Unit 2 Den GR Dimension: 0
  • Unit 2 DR Dimension: 0x0
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 0x0
  • Unit 2 Monthly Rent: $1,050
  • Unit 2 Total Baths: 1

Property History for 505 High Point Terrace

DateEvent & SourcePriceAppreciation
Apr 25, 2025

Sold (Public Record)

Public Record #1556703758

$279,000

+3.7% / yr

Apr 25, 2025

Sold

MAARMLS #10192718

$279,000—
Mar 28, 2025

Contract Signed

MAARMLS #10192718

—
Mar 24, 2025

Listed (Active)

MAARMLS #10192718

$279,000—
Apr 22, 2009

Sold

MAARMLS #3161484

$155,000—
Apr 17, 2009

Sold (Public Record)

Public Record #267977750

$155,000

+2.6% / yr

Jan 28, 2009

Contract Signed

MAARMLS #3161484

—
Jan 12, 2009

Listed (Active)

MAARMLS #3161484

$164,500—
Dec 12, 2003

Sold (Public Record)

Public Record #125470888

$135,000—
DateEvent & SourcePrice
04/25/2025

Sold (Public Record)

Public Record #1556703758

$279,000

+3.7% / yr

04/25/2025

Sold

MAARMLS #10192718

$279,000
03/28/2025

Contract Signed

MAARMLS #10192718

—
03/24/2025

Listed (Active)

MAARMLS #10192718

$279,000
04/22/2009

Sold

MAARMLS #3161484

$155,000
04/17/2009

Sold (Public Record)

Public Record #267977750

$155,000

+2.6% / yr

01/28/2009

Contract Signed

MAARMLS #3161484

—
01/12/2009

Listed (Active)

MAARMLS #3161484

$164,500
12/12/2003

Sold (Public Record)

Public Record #125470888

$135,000

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

Public Records for 505 High Point Terrace

Taxable ValueLand$13,750Additions$50,450Total$64,200
Tax Record2024$4,228 ($352 / month)
Home Facts
Baths2Total Finished SqFt1,891 SqFtAbove Grade Finished SqFt1,891 SqFtStories1Lot Size8,276 SqFtStyleDuplexYear Built1951ZoningR-6CountySHELBYAPN044-085- - -00016Fireplace TypeHas Fireplace

Schools near 505 High Point Terrace

This home is within 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
Grahamwood Elementary School
PublicPK to 5

White Station Middle School
Public6 to 8

White Station High School
Public9 to 12

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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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 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.