Closed
Last Sold Price
$63,000
2 beds1,047 sqft

987 Rutgers Rd, Memphis, TN 38106

Description

Investment Property.Investment Property.
Single FamilyProperty Type
0.48 acresLot Size
1942Year Built
$60/sq ftPrice per sq ft
1 carParking Spaces
  • Listed by: James Harvey • Keller Williams Realty
Listing closed: 01/30/2026 12:00 AM
Source: REALTRACS as distributed by MLS GRID, MLS#: 3118561
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Recent comparable sales

Median sold price

$64,000

Avg days on market

108

Sale-to-list ratio

87.3%

Memphis, TN

9 comparable properties found

$65,000 | 1023 Colgate Road, Memphis, TN 38106
1/2
1

$65,000

Sold 06/04/26

2
Bedrooms
987
Square Feet
0.55
Acres
$62,000 | 755 East Mallory Avenue, Memphis, TN 38106
1/13
2

$62,000

Sold 02/19/25

2
Bedrooms
1,058
Square Feet
0.32
Acres
a view of a house with a yard
1/16
3

$76,000

Sold 08/21/26

2
Bedrooms
1,061
Square Feet
0.17
Acres
$64,000 | 120 East Dempster Avenue, Memphis, TN 38109
1/2
4

$64,000

Sold 05/08/26

2
Bedrooms
1,014
Square Feet
0.17
Acres
5

-

Sold 06/08/26

2
Bedrooms
898
Square Feet
Unavailable
Acres
a view of a house with a yard
1/13
6

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Sold 04/27/26

2
Bedrooms
894
Square Feet
0.18
Acres
a view of a house with a yard
1/11
7

$74,000

Sold 12/03/25

2
Bedrooms
999
Square Feet
0.17
Acres
$50,000 | 1493 Ragan Street, Memphis, TN 38106
1/9
8

$50,000

Sold 06/05/26

2
Bedrooms
962
Square Feet
0.13
Acres
a view of a house with swimming pool and yard
1/4
9

$58,000

Sold 01/16/26

2
Bedrooms
834
Square Feet
0.11
Acres

Location

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$399 per month

Principal and Interest

$336

Property Taxes

$63

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Property information

987 Rutgers Road

Property Details

  • Taxes: $750 / year
  • MLS Type: Residential / Detached Single Family / No
  • County: Shelby County
  • Architectural Style: Traditional
  • Subdivision Name: PROSPECT PARK
  • Waterfront: No

Building Information

  • Stories: 1
  • Year Built: 1942
  • Lot Size: 0.48 AC / 20,908 SF

Summary

Location and General Information

  • Directions: I-240 W to Hernando Rd. Take exit 26 from I-240 N/I-69; left on Hernando Rd; left on Alcy; right on Vanderbilt Rd; left on Rutgers Rd.
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Mlg Can View: Yes

Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage Faces Rear, Parking Pad
  • Parking Total: 1.00

Taxes and HOA Information

  • Condo Coop Association YN: No
  • Tax Lot: 75

Property

Building Information

  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Wood

Lot Information

  • Lot Size Acres: 0.48
  • Lot Size Dimensions: 85X250
  • Lot Size Units: Acres
  • Parcel Number: 060027 00007
  • Lot Size Area: 0.48

Property and Assessments

  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Interior and Exterior Features

Exterior Features

  • Attached Garage: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Patio And Porch Features: Porch
  • Pool Private: No
  • View YN: No

Property History

987 Rutgers Road

DateEventPrice
Jan 30, 2026

Sold (Public Record)

Public Record #1927886418

$63,000
Jan 30, 2026

Sold

REALTRACS #3118561

$63,000
Jan 30, 2026

Sold

MAARMLS #10210776

$63,000
DateEventPrice
01/30/2026

Sold (Public Record)

Public Record #1927886418

$63,000

+12.1% / yr

01/30/2026

Sold

REALTRACS #3118561

$63,000
01/30/2026

Sold

MAARMLS #10210776

$63,000

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

Public records

987 Rutgers Road

Beds

2

Baths

1

Total Finished SqFt

1,650 SqFt

Above Grade Finished SqFt

1,650 SqFt

Stories

1

Lot Size

21,267 SqFt

Schools

Near 987 Rutgers Road

This home is within Memphis-Shelby County Schools.

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: 987 Rutgers Road, Memphis, TN 38106
$63,000
2
1,047
20,908
–
4
2
1,736
19,994
–
4
1
3,148
18,615
–
3
2
2,000
20,038
–
–
–
–
22,590
$65,000
3
1.5
1,183
22,829

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 Keller Williams Realty

Based on information submitted to the MLS GRID as of 02/09/2026 11:17 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.