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389 JOSEPHINE ST Memphis, TN $ 50,000
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389 JOSEPHINE ST
$ 50,000
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389 JOSEPHINE ST

Memphis, TN, 38111
$ 50,000
Bedrooms2 Baths1.0 Sq 824

Monthly Estimate*

$ 308

389 JOSEPHINE ST, Memphis, TN 38111 - Image 1

Single Family Home for sale in Memphis, TN

for $50,000 with 2 bedrooms and 1 full bath. This 824 square foot home was built in 1946 on a lot size of 0.14.

Investor Opportunity in Chickasaw Gardens! Located just two blocks from Simmons Bank Liberty Stadium, this 2-bedroom, 1-bath home presents a prime value-add opportunity in a desirable area. Property is in need of a full renovation and is being sold as-is, offering strong potential for investors seeking a fix-and-flip or buy-and-hold asset. Conveniently located near major amenities, entertainment, and the University of Memphis area, this property is ideally positioned for long-term growth and rental demand. Home is currently tenant occupied. Please do not disturb tenant. Showings will be granted upon acceptance of a contract.

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Single Family Active

Price

$ 50,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 855

Style

Traditional,Bungalow

Lot Size

0.14

Year Built

1946

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217450
Features
General
Heating Gas Wall Unit
Cooling Window Unit(s)
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name BURMEISTER HEIGHTS
Style Traditional Bungalow
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 754G Chickasaw Gardens
Parcel Number 045020 00033
Sale/Rent For Sale
Status Detail 0
Year Built 1946
Directions Take Central Avenue going East from Highland. In approximately 2 miles make a left on Josephine. Home is on the right side. Yellow.
City Memphis
DOM 4
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Interior
Living Room LR/DR Combination
Beds 2
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 2
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Exterior
Pool None
Lot 10
Lot Size Area 0.14
Lot Size 50X125
Lot Description Some Trees Chain Fenced
Misc. Exterior Wrought Iron Security Drs Porch Chain Fence
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$379
Per Month
81%
19%
0%
Monthly Principal & Interest
$308
Monthly Property Taxes
$71
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.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/23/2026$50,000 Listed Price

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389 JOSEPHINE ST, Memphis, TN, 38111 is a Single Family Home for sale at $50,000 with 824 sqft and a lot size of 0.14. 389 JOSEPHINE ST has 2 bedrooms, 1.0 baths, and was built in 1946. The property's zip code is 38111 which is in Memphis, TN

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