485 ALEXANDER ST
Memphis, TN, 38111 $ 309,900
Bedrooms3 Baths2.0 Sq 1,347 Monthly Estimate*
$ 2,140
for $309,900 with 3 bedrooms and 2 full baths. This 1,347 square foot home was built in 1920 on a lot size of 0.22.
Updated top to bottom, this Craftsman charmer near the University of Memphis is move-in ready OR investor ready! Currently a successful Airbnb that grossed $28,000+ Jan-Sept 2026 (seller-provided statements available; buyer to verify income and STR permitting), and seller is willing to convey furnishings for a turnkey start. The split, one level, 3BR/2BA plan has an en suite primary, refinished hardwoods, smooth ceilings, a cozy fireplace, and natural light galore. The kitchen has new cabinetry, granite, subway tile backsplash, and gas cooking, plus a separate laundry room. Big-ticket updates: new black-on-black windows, HVAC, electrical, lighting, PVC plumbing, and a newer roof. Outside: professional landscaping, a HUGE fenced backyard, storage shed, and double gate to park behind. Close to campus, shopping, and interstates. Ask about 0% down, DPA, and grants that may be available (subject to buyer qualification). See it today!
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FeaturesGeneralHeating Central Gas
Cooling Ceiling Fan(s) Central
Roof Composition Shingles
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Other Rooms Laundry Room
Legal Subdivision Name COUNTRY CLUB
Style Traditional Ranch
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 754I Chickasaw Gardens
Parcel Number 045108 00007
Sale/Rent For Sale
Status Detail 0
Year Built 1920
Directions Head W on Poplar Left on Highland Right on Central Left on Alexander heading S and home will be on your right.
City Memphis
DOM 0
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InteriorDining Room 9x16
Living Room Separate Living Room Separate Dining Room Updated/Renovated Kitchen
Kitchen Dimensions 9x14
Beds 3
Total Baths 2
Fireplace Gas Logs
Number of Rooms 6
Downstairs Bedrooms 3
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ExteriorFoundation Conventional
Pool None
Lot S PT 123
Lot Size Area 0.22
Water & Sewer Public Sewer Public Water
Lot Size 50X195
Lot Description Some Trees Level
Misc. Exterior Porch Chain Fence
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,140
- Monthly Property Taxes
- $323
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $235,535
Percent of Sale Price 24%
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 |
|---|
| 10/25/2026 | $309,900 | | Listed Price |