1531 NETHERWOOD AVE
Memphis, TN, 38106 $ 149,900
Bedrooms3 Baths1.0 Sq 1,384 Monthly Estimate*
$ 923
for $149,900 with 3 bedrooms and 1 full bath. This 1,384 square foot home was built in 1912 on a lot size of 0.16.
Fully renovated - turnkey-ready, this home features a new 30-year roof, exterior paint, updated lighting, and smart locks. Exterior updates include a new mailbox, crawl space panels, siding and window repairs, landscaping cleanup, painted porch and railings, and fence removal. Inside offers fresh paint, LED lighting, blinds, hardware, and repaired walls, outlets, and doors. Safety is enhanced with smoke detectors in all bedrooms. The kitchen has new countertops, sink, faucet, and cabinets, while the bathroom boasts a new tub, subway tile, vanity, toilet, and fixtures. Hard surface flooring runs throughout. Additional updates include a new 2024 water heater, dryer vent, washer box repair, cleaned basement with repairs and security bar, deep cleaning, glass replacement, and completed final inspection. Ideal for long-term rental or Section 8 with updated major systems for low maintenance. Owner/Agent DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
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FeaturesGeneralHeating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name CRUMP BROS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 748B South Memphis/Glenview
Parcel Number 031009 00010
Sale/Rent For Sale
Status Detail 0
Year Built 1912
Directions Take S Danny Thomas Blvd Mississippi Blvd and E McLemore Ave to Rayner St Continue on Rayner St. Drive to Netherwood Ave
City Memphis
DOM 282
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InteriorLiving Room Other (See Remarks)
Beds 3
Total Baths 1
Number of Rooms 7
Heated SqFt 1200-1399
Downstairs Bedrooms 3
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ExteriorPool None
Lot 27
Lot Size Area 0.16
Lot Size 50X143
Lot Description Some Trees
Misc. Exterior Porch Other (See REMARKS)
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* Excluded FeaturesList ByFoundation Property ManagementBroker
Affordability Calculator
- Monthly Principal & Interest
- $923
- Monthly Property Taxes
- $84
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Memphis, TN
Average List Price $244,846
Percent of Sale Price 63%
About Memphis, TN 651,785 Population
-6% Since 2002
$ 38,338 Median Income
35.39 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/25/2026 | $149,900 | -6.25% | Price Down |
| 7/4/2025 | $159,900 | | Listed Price |