$59,900
- 6 Beds
- 3 Baths
- 2,200 sqft
1245 Forrest Ave, Memphis, TN 38104
Est. Mortgage $434/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1923
$27/sqft
Open Parking
Local Information
-- mins to
About this House
Investor alert! Home is a burnout and a rebuild opportunity. Prime location with only a short walk to crosstown! Owner/Agent
Last check for updates: about 16 hours ago
Listing courtesy of Laksh Nandrajog
Renshaw Company, REALTORS, (901) 820-4367
Source: MAAR, MLS#10225915

Also Listed on MAAR.
Home Details for 1245 Forrest Ave
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Interior Details Number of Rooms: 9Types of Rooms: Master Bedroom, Dining Room, Living Room, Den |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2200 Square Feet |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Windows, Doors, Floors & Walls Flooring: Part Hardwood |
Levels, Entrance, & Accessibility Stories: 1.2Floors: Part Hardwood |
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Exterior Home Features Patio / Porch: PorchNo Private Pool |
Parking & Garage No GarageHas Open ParkingParking: Driveway/Pad |
Pool Pool: None |
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Cumulative Days on Market: 19Days on Market: 57 |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: General ResidentialArchitecture: Traditional |
Building Construction Materials: Brick VeneerNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 020014 00002 |
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Price List Price: $59,900Price Per Sqft: $27 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: MemphisCommunity: Chandlers Addn To Speedway Terrace |
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Listing Agent Listing ID: 10225915 |
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Lot Area: 6969.6 sqft |
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Mls Number: 10225915Living Area Range Units: Square Feet |
Around this home
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.
Market trends in Midtown
Last updated July 2026
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
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $125,000 | 05/20/26 | 5 | 2 | 2,154 | |
0.16 | Single-Family Home | $102,500 | 06/24/26 | 3 | 2 | 1,968 | |
0.36 | Single-Family Home | $125,000 | 10/24/25 | 4 | 2 | 2,408 | |
0.34 | Single-Family Home | $119,000 | 07/23/26 | 4 | 2 | 2,141 | |
0.25 | Single-Family Home | $90,000 | 11/21/25 | 3 | 3 | 2,667 | |
0.17 | Single-Family Home | $216,000 | 05/13/26 | 4 | 2 | 1,926 | |
0.52 | Single-Family Home | $118,000 | 02/13/26 | 4 | 3 | 2,135 | |
0.31 | Single-Family Home | $199,000 | 12/12/25 | 4 | 2 | 1,950 |
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 |
|---|---|---|---|---|---|---|
0.06 | $181,200 | 3 | 2 | 1,412 | Off Market | |
0.11 | $200,800 | 8 | 3 | 1,762 | Off Market | |
0.05 | $160,600 | 3 | 1 | 1,365 | Off Market | |
0.10 | $170,800 | 2 | 2 | 1,354 | Off Market | |
0.14 | $40,000 | - | - | - | Recently Sold | |
0.15 | $55,000 | - | - | - | Recently Sold | |
0.10 | $253,900 | 3 | 2 | 1,956 | Off Market | |
0.16 | $102,500 | 3 | 2 | 1,968 | Recently Sold | |
0.17 | $19,999 | - | - | - | For Sale | |
0.17 | $24,999 | - | - | - | For Sale | |
0.10 | $211,700 | 3 | 2 | 2,037 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 12, 2026 Source: MAAR #10225915 | PendingToActive | $59,900 |
Jul 31, 2026 Source: MAAR #10225915 | Pending | $59,900 |
Jul 12, 2026 Source: MAAR #10225915 | Listed For Sale | $59,900 |
Apr 4, 2026 Source: N/A | ListingRemoved | |
Jan 4, 2026 Source: N/A | PriceChange | $255,000 Price decreased by 5% |
Nov 23, 2025 Source: N/A | Listed For Sale | $268,000 |
Sep 17, 2025 Source: MAAR #10186896 | ListingRemoved | $272,000 |
May 2, 2025 Source: MAAR #10186896 | PriceChange | $272,000 Price decreased by 1% |
Mar 21, 2025 Source: MAAR #10186896 | PriceChange | $274,000 Price decreased by 0% |
Jan 27, 2025 Source: MAAR #10186896 | PriceChange | $275,000 Price decreased by 2% |
Dec 19, 2024 Source: MAAR #10186896 | Listed For Sale | $280,000 |
Aug 20, 2024 Source: MAAR #10172256 | ListingRemoved | $268,000 |
Aug 1, 2024 Source: MAAR #10172256 | PriceChange | $268,000 Price decreased by 1% |
Jul 22, 2024 Source: MAAR #10172256 | PriceChange | $270,000 Price decreased by 1% |
Jul 3, 2024 Source: MAAR #10172256 | PriceChange | $273,000 Price decreased by 1% |
Jun 15, 2024 Source: MAAR #10172256 | PriceChange | $275,000 Price decreased by 2% |
May 13, 2024 Source: MAAR #10172256 | Listed For Sale | $280,000 |
Dec 5, 2023 Source: CWTAR #233160 | ListingRemoved | |
Aug 8, 2023 Source: CWTAR #233160 | Listed For Sale | $285,900 |
Jun 15, 2023 Source: Zillow Rentals | ListingRemoved | |
May 25, 2023 Source: Zillow Rentals | Listed For Rent | $2,000 |
May 24, 2023 Source: MAAR #10143294 | ListingRemoved | |
May 2, 2023 Source: MAAR #10143294 | PriceChange | $284,400 Price decreased by 0% |
Apr 2, 2023 Source: MAAR #10143294 | Listed For Sale | $284,900 |
Sep 23, 2022 Source: MAAR #10131366 | Sold | $125,000 |
Oct 26, 2000 Source: N/A | Sold | $49,900 |
Apr 19, 2000 Source: N/A | Sold | $41,746 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,600 | $197,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Laksh Nandrajog, Renshaw Company, REALTORS, (901) 820-4367

Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Some or all of the listings displayed may not belong to the firm whose website is being visited.
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Frequently asked questions about 1245 Forrest Ave
- What is the estimated monthly payment for 1245 Forrest Ave?Based on a $59,900 list price with 20% down at today's rates, the estimated monthly payment for 1245 Forrest Ave in Memphis, TN is approximately $438 (about $315 principal & interest, $48 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1245 Forrest Ave compare to homes in Memphis?1245 Forrest Ave in Memphis, TN is listed at $59,900, about 68% below the $189K median sale price in Memphis.
- What do residents say about the Midtown neighborhood?Residents describe the Midtown neighborhood in Memphis, TN as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Midtown, Memphis.
- What are the closest schools to 1245 Forrest Ave?The closest schools to 1245 Forrest Ave in Memphis, TN are Manassas High School (rated 3/10), Snowden Elementary/Middle (Pre-K, rated 6/10).
- Does 1245 Forrest Ave have air conditioning?Yes, 1245 Forrest Ave in Memphis, TN has air conditioning.
- How big is the lot at 1245 Forrest Ave?The lot at 1245 Forrest Ave in Memphis, TN is about 0.16 acres (6,970 sq ft).