706 Lester St

$122,500
Price
2
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, one is vacant but rent ready and the other is occupied at $600! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, one is vacant but rent ready and the other is occupied at $600! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.
  1. Listed by Duane Kinnard • Tri-Leake Realty

Property Details for 706 Lester Street

Area
751A
Style
Traditional
Parking
Driveway/Pad
MAAR Subdivision Name
SUMMER AVE
Legal Subdivision Name
SUMMER AVENUE
LISTING UPDATED: 12/09/2025 12:56 PM

Property Details for 706 Lester Street

StatusActive
MLS #10208258
Days on Market69
Taxes$1,078 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDuplexes / Built as Duplex
Year Built1950
Lot Size0.18 AC / 8,050 SF
CountyShelby County

Location

Listing Courtesy of Tri-Leake Realty
Add your commute

Building Information for 706 Lester Street

Stories1Year Built1950Building Size-Lot Size0.18 AC / 8,050 SF

Payment Calculator

$695 per month

30 year fixed, 6.28% Interest

Principal and Interest

$605

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 706 Lester Street

Summary
Location and General Information
  • Address: 706 LESTER ST
  • Address Search Number: 706
  • Directions: From I-40, follow Sam Cooper Westbound to Tillman st. Take Tillman northbound until reaching Faxon Ave, turn left onto Faxon and property will be to your right at the corner of Lester st.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 10-22-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: Midtown/Holmes
Parking
  • Parking Display: N
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 10-22-2025
Property
Lot Information
  • Lot Size: 70X115
  • Lot Num: 84
  • Lot Description: Corner, Some Trees
  • Parcel ID: 052064 00016
Property and Assessments
  • Service Type: Full Service Listing
Utilities
  • Cooling: 1 Window Unit per Unit, 2+ Window Units per Unit
Interior and Exterior Features
Exterior Features
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • Floors/Ceilings: Vinyl Floor
  • Heating: Gas, Wall Heat
Multi Family
Unit 1
  • Unit 1: Updated/Renovated Kit
  • Unit 1 Bedrooms: 1
  • Unit 1 Den GR Dimensions: 0x0
  • Unit 1 DR Dimension: 0x0
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 LR Dimension: 0x0
  • Unit 1 Monthly Rent: $599
  • Unit 1 Total Baths: 1
Unit 2
  • Unit 2: Updated/Renovated Kit
  • Unit 2 Bedrooms: 1
  • Unit 2 Den GR Dimension: 0x0
  • Unit 2 DR Dimension: 0x0
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 LR Dimension: 0x0
  • Unit 2 Monthly Rent: $599
  • Unit 2 Total Baths: 1

Property History for 706 Lester Street

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Price Change

MAARMLS #10208258

$122,500—
Oct 22, 2025

Price Change

MAARMLS #10208258

$125,000—
Oct 22, 2025

Listed (Active)

MAARMLS #10208258

$122,500—
Sep 21, 2025

Temporarily Off Market

MAARMLS #10195914

—
May 21, 2025

Permanently Off Market

MAARMLS #10195914

—
May 5, 2025

Listed (Active)

MAARMLS #10195914

$119,000—
Jan 23, 2025

Temporarily Off Market

MAARMLS #10177472

—
Dec 10, 2024

Price Change

MAARMLS #10177472

$109,000—
Oct 17, 2024

Price Change

MAARMLS #10177472

$113,000—
Jul 22, 2024

Price Change

MAARMLS #10177472

$116,000—
Jul 22, 2024

Price Change

MAARMLS #10177472

$113,000—
Jul 22, 2024

Listed (Active)

MAARMLS #10177472

$109,000—
May 30, 2024

Sold (Public Record)

Public Record #1533382995

$98,700

+1637.5% / yr

Mar 12, 2024

Sold

MAARMLS #10161314

$50,000—
Mar 4, 2024

Sold (Public Record)

Public Record #1528384813

$50,000

+13.9% / yr

Mar 1, 2024

Contract Signed

MAARMLS #10161314

—
Feb 19, 2024

Contract Out

MAARMLS #10161314

—
Dec 12, 2023

Price Change

MAARMLS #10161314

$90,000—
Dec 4, 2023

Price Change

MAARMLS #10161314

$100,000—
Nov 28, 2023

Price Change

MAARMLS #10161314

$105,000—
Nov 27, 2023

Price Change

MAARMLS #10161314

$115,000—
Nov 21, 2023

Price Change

MAARMLS #10161314

$120,000—
Nov 20, 2023

Price Change

MAARMLS #10161314

$130,000—
Nov 20, 2023

Price Change

MAARMLS #10161314

$120,000—
Nov 20, 2023

Price Change

MAARMLS #10161314

$115,000—
Nov 20, 2023

Price Change

MAARMLS #10161314

$105,000—
Nov 20, 2023

Price Change

MAARMLS #10161314

$100,000—
Nov 20, 2023

Listed (Active)

MAARMLS #10161314

$90,000—
Oct 7, 2016

Sold

MAARMLS #9980150

$14,000—
Sep 30, 2016

Sold (Public Record)

Public Record #580968488

$19,000

+1.6% / yr

Sep 1, 2016

Contract Signed

MAARMLS #9980150

—
Jun 8, 2016

Listed (Active)

MAARMLS #9980150

$25,900—
Feb 22, 2002

Sold (Public Record)

Public Record #85121138

$15,000—
Dec 19, 2001

Contract Signed

MAARMLS #1406824

—
Apr 2, 2001

Listed (Active)

MAARMLS #1406824

$25,000—
DateEvent & SourcePrice
12/09/2025

Price Change

MAARMLS #10208258

$122,500
10/22/2025

Price Change

MAARMLS #10208258

$125,000
10/22/2025

Listed (Active)

MAARMLS #10208258

$122,500
09/21/2025

Temporarily Off Market

MAARMLS #10195914

—
05/21/2025

Permanently Off Market

MAARMLS #10195914

—
05/05/2025

Listed (Active)

MAARMLS #10195914

$119,000
01/23/2025

Temporarily Off Market

MAARMLS #10177472

—
12/10/2024

Price Change

MAARMLS #10177472

$109,000
10/17/2024

Price Change

MAARMLS #10177472

$113,000
07/22/2024

Price Change

MAARMLS #10177472

$116,000
07/22/2024

Price Change

MAARMLS #10177472

$113,000
07/22/2024

Listed (Active)

MAARMLS #10177472

$109,000
05/30/2024

Sold (Public Record)

Public Record #1533382995

$98,700

+1637.5% / yr

03/12/2024

Sold

MAARMLS #10161314

$50,000
03/04/2024

Sold (Public Record)

Public Record #1528384813

$50,000

+13.9% / yr

03/01/2024

Contract Signed

MAARMLS #10161314

—
02/19/2024

Contract Out

MAARMLS #10161314

—
12/12/2023

Price Change

MAARMLS #10161314

$90,000
12/04/2023

Price Change

MAARMLS #10161314

$100,000
11/28/2023

Price Change

MAARMLS #10161314

$105,000
11/27/2023

Price Change

MAARMLS #10161314

$115,000
11/21/2023

Price Change

MAARMLS #10161314

$120,000
11/20/2023

Price Change

MAARMLS #10161314

$130,000
11/20/2023

Price Change

MAARMLS #10161314

$120,000
11/20/2023

Price Change

MAARMLS #10161314

$115,000
11/20/2023

Price Change

MAARMLS #10161314

$105,000
11/20/2023

Price Change

MAARMLS #10161314

$100,000
11/20/2023

Listed (Active)

MAARMLS #10161314

$90,000
10/07/2016

Sold

MAARMLS #9980150

$14,000
09/30/2016

Sold (Public Record)

Public Record #580968488

$19,000

+1.6% / yr

09/01/2016

Contract Signed

MAARMLS #9980150

—
06/08/2016

Listed (Active)

MAARMLS #9980150

$25,900
02/22/2002

Sold (Public Record)

Public Record #85121138

$15,000
12/19/2001

Contract Signed

MAARMLS #1406824

—
04/02/2001

Listed (Active)

MAARMLS #1406824

$25,000

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

Public Records for 706 Lester Street

Taxable ValueLand$3,600Additions$24,360Total$27,960
Tax Record2024$1,841 ($153 / month)
Home Facts
Baths2Total Finished SqFt1,092 SqFtAbove Grade Finished SqFt1,092 SqFtStories1Lot Size8,015 SqFtStyleDuplexYear Built1950Year Renovated1987ZoningRU-1CountySHELBYAPN052-064- - -00016Fireplace TypeHas Fireplace

Schools near 706 Lester 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
Charter - 6 to 12
Rating
School
Distance
William Herbert Brewster Elementary School
PublicPK to 5

Treadwell Middle School
Public6 to 8

Douglass High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 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.

Similar Homes

Similar Sold Homes

706 Lester Street is a single family home for sale in Memphis, TN 38112. This property was listed for sale on October 22, 2025 by Tri-Leake Realty, it's currently listed at $122,500. It has been on the market for a total of 69 days and was last sold on May 30, 2024. This listing's school district is Shelby County Schools. Nearby schools include William Herbert Brewster Elementary School, Treadwell Middle School and Douglass High School. 706 Lester Street is a 2-bed, 2-bath, single family home built in 1950.

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 Tri-Leake Realty

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.