1240 Forrest Ave, Memphis, TN 38104
Property image
Property image
OFF MARKET

$212,500

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,414 sqft

1240 Forrest Ave, Memphis, TN 38104

Midtown
Est. Refi. Payment $1,358/mo*
Refinance Your Home
Currently Off Market - Sold Aug 31, 2021 for $225,000

Home Value

Trulia Estimate
$213K
Since last month
Decreased$2K (-1%)
Since last year
Decreased$8K (-3.6%)
Since last sale
Decreased$13K (-5.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +132% in the last 10 years
MonthEstimated value
2026
August 2026$213K
August 2026$212K
July 2026$215K
June 2026$218K
May 2026$221K
April 2026$220K
March 2026$214K
February 2026$217K
January 2026$217K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
429 Garland St, Memphis, TN
0.36
Single-Family Home
$206,000
10/09/25
2
2
2,020
446 Garland St, Memphis, TN
0.38
Single-Family Home
$265,000
11/14/25
2
1
1,700
1264 Snowden Ave, Memphis, TN
0.35
Single-Family Home
$168,000
06/17/26
3
2
1,396
1329 N Pkwy, Memphis, TN
0.17
Single-Family Home
$216,000
05/13/26
4
2
1,926
1292 Faxon Ave, Memphis, TN
0.21
Single-Family Home
$215,000
09/12/25
3
2
2,067
1292 Faxon Ave, Memphis, TN
0.21
Single-Family Home
$215,000
09/23/25
3
2
2,067
1280 North Pkwy, Memphis, TN
0.14
Single-Family Home
$160,000
06/04/26
3
1
2,038
1351 Snowden Ave, Memphis, TN
0.37
Single-Family Home
$175,000
03/17/26
3
2
1,406
1413 Tutwiler Ave, Memphis, TN
0.40
Single-Family Home
$176,000
10/20/25
3
2
1,398
1329 North Pkwy, Memphis, TN
0.17
Single-Family Home
$216,000
05/21/26
5
2
1,926

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1224 Forrest Ave, Memphis, TN 38104
0.04
$181,200
3
2
1,412
Off Market
1245 Forrest Ave, Memphis, TN 38104
0.03
$64,900
6
3
2,200
Recently Sold
1258 Forrest Ave, Memphis, TN 38104
0.04
$160,600
3
1
1,365
Off Market
1223 Parkway Ave, Memphis, TN 38104
0.07
$253,900
3
2
1,956
Off Market
1197 Forrest Ave, Memphis, TN 38104
0.09
$170,800
2
2
1,354
Off Market
1281 N Parkway Ave, Memphis, TN 38104
0.09
$211,700
3
2
2,037
Off Market
1214 N Pkwy, Memphis, TN 38104
0.13
$204,900
4
2
2,430
Off Market
1280 N Parkway Ave, Memphis, TN 38104
0.13
$157,500
3
1
2,038
Off Market
1165 N Parkway St, Memphis, TN 38105
0.16
$245,000
4
2.5
2,254
For Sale
432 N Montgomery St, Memphis, TN 38104
0.14
$200,800
8
3
1,762
Off Market
1159 Forrest Ave, Memphis, TN 38105
0.17
$185,200
3
2
1,777
Off Market
1229 Faxon Ave, Memphis, TN 38104
0.16
$125,000
5
2
2,154
Recently Sold

Local Information

  • Map ViewExplore the area around 1240 Forrest Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1925
1,414 sqft
$150/sqft
Garage

About this House

Best of Now marries Best of Then in this restored and renovated Midtown stunner! One-level, all brick home has a flowing floor plan with 2 main living areas -- traditional in the front, party in the back! Craftsman Classic LR and DR with Red Gum Woodwork, 9-foot ceilings, hardwood floors, bookcases, French doors. New kitchen-den combo opens to back yard and patio through double Atrium door. Den has built-in bookcases, adjacent half bath. Cove moulding and picture rail mimic historical woodwork in LR/DR. Kitchen includes granite countertops, new appliances, new cabinets, floor, everything. 20 x 35, side-load masonry garage is the cherry on top of this level, corner lot. LR has cedar closet, could be 3rd BR. New electrical service, new plumbing permitted and inspected by Shelby County codes. Cash or conventional financing. Crosstown Concourse is down the street. Fyi, street name was changed to Forest one "r" in 2018; GPS only recognizes Forrest, two "r's".)
1240 Forrest Ave, Memphis, TN 38104 is a 2 bedroom, 2 bathroom, 1,414 sqft single-family home in Midtown, built in 1925. It last sold for $225,000 on Aug 31, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $212,500, with a rent estimate of $1,662/month.

Home Details for 1240 Forrest Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6Types of Rooms: Dining Room, Family Room, Laundry RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood, Laminate
Appliances & Utilities
Cable ReadyDishwasherMicrowave
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Crawl RaisedLawnPatioPorch
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 1925Year Updated: 2021
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Community

Units in Building: 1

Lot Information

Lot Area: 7492 sqft

Price and Tax history

DateEventPrice
Aug 31, 2021
Source: MAAR #10105054
Sold
$225,000
Aug 5, 2021
Source: MAAR #10105054
PendingToActive
$235,000
Aug 5, 2021
Source: MAAR #10105054
Pending
$235,000
Jul 28, 2021
Source: MAAR #10105054
PriceChange
$235,000
Price increased by 4%
Jul 19, 2021
Source: N/A
Listed For Sale
$225,000

Market trends in Midtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$189K
$5.5KMoM
Sale-to-List Price
98.0%
0.4%MoM
Price per sq ft
$118
$4MoM
Available listings
509
19MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

At least 447 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 78 % Say car is needed

  • 77 % Say parking is easy

  • 77 % Say yards are well-kept

  • 73 % Say it's walkable to restaurants

  • 71 % Say streets are well-lit

  • 65 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 57 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 54 % Say they plan to stay for at least 5 years

  • 47 % Say people would walk alone at night

  • 43 % Say it's quiet

  • 41 % Say there are community events

  • 36 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Leilani Hanna
    "Why is the street view blurred grrr! We are looking to move "
    0
    Flag
  • Jordan Purdham
    "The best part about Memphis’ lack of growth is the lack of traffic. Commutes are easy if your car is able to withstand poor roads and you are willing to look both ways before proceeding at a green light"
    2
    Flag
  • Finley Flanagan
    "There are a lot of families in the neighborhood. The kids love to play outside. Like with any Memphis neighborhood though, the streets can turn rough very quickly. "
    2
    Flag
  • Nicole Priola
    "I can’t wait to move out of Memphis this is a nice neighborhood but this city is dysfunctional. I cannot wait to move "
    23
    Flag
  • Nicole Priola
    "Love the proximity to the Overton Park and Overton Square. The neighborhood is walkable with old trees. "
    9
    Flag
  • Allanchandler
    "Historical area lived here for 20 years. The house has been in my family since 1926. the homes are older, but they’re well maintained."
    6
    Flag
  • Mollie Daughety
    "Midtown is full of dog friendly businesses, dog parks, and dog related events. It’s honestly out of the norm to find a rental in the area that’s not dog friendly and it’s nice to get to know your neighbors on walks or at the dog parks."
    2
    Flag
  • Jordan H
    "Less short term rental options and lower rental costs. A good amount of crime still happens in midtown"
    15
    Flag
  • Trulia User
    "Crosstown concourse is great for the neighborhood. Great walking area also. Also great in between from downtown and midtown. "
    3
    Flag
  • Trulia User
    "We are the Best Kept Secret in Midtown. Annesdale Snowden Subdivision. The evening is great time for walking and dog walking. "
    2
    Flag
  • Trulia User
    "Lived in this area for 25+ years. Great place to live. Lots to do and nice neighbors and lifestyle. "
    8
    Flag
  • Trulia User
    "People walk their dog's often and seem to create dog walking friend groups in the neighborhood. The low traffic volume in the neighborhood seems very safe for walking. "
    2
    Flag
  • Trulia User
    "there is a police department in the area. there are schools in the area. there a library in the neighborhood. Corner stores in the neighborhood. laundry mates are in the neighborhood near by."
    0
    Flag
  • Trulia User
    "lots of different characters around the Mid- town area it's a lot of restaurants stores friendly people there's always something to do over there they have parks for kids dogs the real nice community"
    1
    Flag
  • Jordan Maxwell
    "There is nothing but trash and broken glass all around the complex but especially on the walk outside of the gates. If you want to get to a good walking neighborhood, your dog needs shoes. Also, no one picks up after their pet here and the management doesn't have any waste stations despite charging a lot to have pets here."
    2
    Flag
  • Trulia User
    "There's a bus stop right by the complex that takes you North but it's easy to connect to get downtown or closer to the not crappy part of midtown"
    0
    Flag
  • Trulia User
    "i don’t commute anywhere but from what i’ve heard it’s a pleasant drive. i enjoy driving in midtown because there are tons of trees"
    0
    Flag
  • Celes P.
    "The people around me are great nice quit respectful genuine people I love seeing them walk there pets and jog through very beautiful neighborhood "
    18
    Flag
  • Wren L. M.
    "Most apartments are very pet-friendly. Lots of friendly dog owners around and nice neighborhoods to walk in. "
    4
    Flag
  • Mlryland
    "There are Lots of dogs in the neighborhood, so many places to sniff when we are walking. Parks are nearby too"
    2
    Flag
  • Mlryland
    "Lots of dogs, interesting places to walk... but sidewalks are terrible. A downfall of a city that places sidewalk responsibility on homeowners."
    1
    Flag
  • Kempton D.
    "Dog owners would love the environment and the community. It’s very quiet, calm and collective. I have many friends who stay in midtown and I also work in midtown. "
    0
    Flag
  • Jabari.medici
    "It is central to everywhere. It is close to downtown without all the congestion. Great open spaces but homely feeling"
    16
    Flag
  • Jordan P.
    "The sidewalks and streets are always full of people, families, and dogs walking around, playing, and saying hi to each other. You never know who you might run into or meet. It’s all the more wonderful because grocery stores, restaurants, and the city are all so close!"
    3
    Flag
  • Abigail A. H.
    "Concerts and art galleries, walks in the park. Lots of kids and pets, schools and churches. Just wish there was public transit."
    1
    Flag
  • Aleathea C.
    "There really isn’t anything to worry about around here but I think you’ll love the neighborhood if you come explore"
    1
    Flag
  • Londonvwood
    "Festivals and gatherings like crawfish festival and Cooper young festival. Everybody is friendly everywhere you go."
    1
    Flag
  • Mosesasher22
    "I love the culture. The historic districts, I love how friendly the people are and how close knit everyone is. Snowden is great school and my son loves it. "
    10
    Flag
  • Rhonda P.
    "Cooper and young festival and every holloween, the entire neighborhood pass out candy to the kids. this "
    0
    Flag
  • Reynoldsk444
    "It’s a pretty good neighborhood and it’s safe however it’s in an busy area so it’s always loud and a lot of traffic."
    1
    Flag
  • Dan
    "Nearly every home owner decorates for Christmas. And a lot of neighbors walk, especially in the evening to look at the lights. "
    2
    Flag
  • Tmargette
    "I love midtown. It has a great energy and feel to it. There is a big art community here, and lots of restaurants and bars. "
    0
    Flag
  • T.T.S.
    "Perfect 10 to 15 minutes anywhere in Memphis from Midtown the heart of the city. Yet you are nearby things in walking distance which is what I LOVE ABOUT Midtown!"
    0
    Flag
  • Justohsokayla
    "Commute isn’t optimal. But that’s just Memphis and Shelby County as a whole. The public transit throughout the city is unreliable and make it difficult to be punctual anywhere without being, two hours at a minimum, early. Makes it difficult to schedule around. "
    0
    Flag
  • LisaGail
    "We live in the Evergreen Historic District and we absolutely love it! Great neighborhood for families. "
    0
    Flag
  • Jermar B.
    "Great quiet neighborhood for family and children... great neighbors and nice people. I highly recommend the neighborhood for families of all sizes.."
    0
    Flag
  • Kass N.
    "easy commute to almost anywhere in memphis, traffic not bad at all! I work on Summer Ave and it's a 10 min commute"
    0
    Flag
  • Frederick T.
    "The only problem is that there are too many homeless people hanging around and going through your garbage."
    5
    Flag
  • Clare S.
    "Farmers markets, art markets, public events at the park, zoo events, levett shell concerts. The people are friendly and welcoming. "
    1
    Flag
  • Roxana V.
    "Family neighborhood. Quiet. Stores nearby. I love it to live here. A lot of things to do with children. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1240 Forrest Ave

  • What is 1240 Forrest Ave estimated to be worth?
    Trulia's estimated value for 1240 Forrest Ave in Memphis, TN is $212,500.
  • What is the price history for 1240 Forrest Ave?
    1240 Forrest Ave in Memphis, TN last sold for $225,000 in August 2021.
  • Is Memphis a buyer's or seller's market?
    Memphis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Memphis?
    The median sale price in Memphis is $189K. That is up $5.5K from the prior month.
  • Does 1240 Forrest Ave have air conditioning?
    Yes, 1240 Forrest Ave in Memphis, TN has air conditioning.
  • Does 1240 Forrest Ave have laundry facilities?
    Yes, 1240 Forrest Ave in Memphis, TN has laundry facilities.

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Off Market Homes Near 1240 Forrest Ave

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