490 BELT LINE ST Memphis, TN ^$ 170,000

490 BELT LINE ST

^$ 170,000

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Recently Listed

490 BELT LINE ST

Memphis, TN, 38111

^$ 170,000

Bedrooms2 Baths2.0 Sq 1,075

Monthly Estimate*

^$ 1,047

490 BELT LINE ST, Memphis, TN 38111 - Image 1

490 BELT LINE ST, Memphis, TN 38111 - Image 2

490 BELT LINE ST, Memphis, TN 38111 - Image 3

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490 BELT LINE ST, Memphis, TN 38111 - Image 8

Multi-Family Home for sale in Memphis, TN

for $170,000 with 2 bedrooms and 2 full baths. This 1,075 square foot home was built in 1958.

Projected rents approx $925 per unit ($1,850 total) meeting the 1% rule. Fully renovated duplex in the Beltline area near the University of Memphis and Christian Brothers University. Updates include new roof, windows, water heaters, central HVAC, updated kitchens and baths. Both units vacant and ready for lease-up. Covered parking for both units. Ideal for investors or owner-occupants.

Multi-Family Active

Price

^$ 170,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 878

Style

Traditional

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10219120

Features

General

Heating Central

Cooling Central Cooling

Status Active Active

Parking Driveway/Pad

Legal Subdivision Name BELT LINE S/D BLK F

Style Traditional

Stories Count 1

County Shelby

Class Duplexes

Type Built as Duplex

Area 754G Chickasaw Gardens

Parcel Number 029075 00035

Sale/Rent For Sale

Status Detail 0

Year Built 1958

Directions From S. Highland St head WEST on Southern Ave to Belt Line St turn right property in on your right. From East Parkway S head EAST on Central Ave to Glenn Rogers Sr. St make a right to Midland Ave tu

City Memphis

DOM 2

Exterior

Pool None

Lot 24-25

Lot Size 50X106

Lot Description Level

Interior

Hot Water Electric

* Excluded Features

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Progressive Realty Services

Broker

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$1,120

Per Month

Monthly Principal & Interest: $1,047
Monthly Property Taxes: $73
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$316,565

Percent of Sale Price 86%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/13/2026	$170,000		Listed Price

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490 BELT LINE ST, Memphis, TN, 38111 is a Multi-Family Home for sale at $170,000 with 1,075 sqft. 490 BELT LINE ST has 2 bedrooms, 2.0 baths, and was built in 1958. The property's zip code is 38111 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 4/15/2026.

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490 BELT LINE ST

Multi-Family Home for sale in Memphis, TN

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