2540 Rust Ave, Memphis, TN 38127
Property image
Property image
OFF MARKET

$90,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,092 sqft (on 0.99 acres)

2540 Rust Ave, Memphis, TN 38127

Est. Refi. Payment $631/mo*
Refinance Your Home
Currently Off Market - Sold May 8, 2012 for $9,600

Home Value

Trulia Estimate
$90.8K
Since last month
Decreased$4K (-4.5%)
Since last year
Decreased$9K (-9%)
Since last sale
Increased$81K (+845.8%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$91K
July 2026$95K
June 2026$91K
May 2026$94K
April 2026$93K
March 2026$92K
February 2026$88K
January 2026$92K
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
6120 Hamlet Rd, Millington, TN
0.62
Single-Family Home
$93,750
12/29/25
3
1
1,078
5881 N Highway 51, Millington, TN
0.86
Single-Family Home
$25,000
07/29/26
3
1
1,246
2720 Rust Ave, Millington, TN
0.36
Single-Family Home
$221,750
09/30/25
4
2
1,402
2720 Rust Ave, Memphis, TN
0.36
Single-Family Home
$221,750
09/30/25
4
2
1,402
5752 Rust Rd, Memphis, TN
0.25
Single-Family Home
$161,000
07/09/26
2
2
1,700
6968 Highway 51 N, Millington, TN
0.86
Single-Family Home
$235,000
02/10/26
3
1
1,200
5907 Old Millington Rd, Millington, TN
0.71
Single-Family Home
$250,000
12/30/25
3
2
1,741
6150 Woodstock Hills Dr, Millington, TN
0.75
Single-Family Home
$174,000
05/21/26
4
2.5
2,611
3073 Jericho Rd, Millington, TN
1.22
Single-Family Home
$240,000
10/09/25
4
2
2,772
2989 Little John Rd, Millington, TN
1.03
Single-Family Home
$282,500
04/06/26
4
2
2,670

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
5753 Rust Rd, Memphis, TN 38127
0.32
$267,900
3
2
2,009
Off Market
6001 Rust Rd, Memphis, TN 38127
0.31
$386,000
3
2
2,410
Off Market
5877 Hamlet Rd, Millington, TN 38053
0.32
$311,200
4
3
3,185
Off Market
5695 Rust Rd, Memphis, TN 38127
0.37
$155,500
3
1
1,805
Off Market
2720 Rust Ave, Millington, TN 38053
0.36
$221,700
4
2
1,402
Off Market
2720 Rust Ave, Memphis, TN 38127
0.36
$221,700
4
2
1,402
Off Market
5876 Hamlet Rd, Millington, TN 38053
0.37
$228,700
3
2
-
Off Market
2705 Moonview Rd, Millington, TN 38053
0.41
$168,900
3
2
1,339
Off Market
2608 Moonbeam Rd, Millington, TN 38053
0.46
$95,000
3
1
1,176
For Sale
2714 Moonview Rd, Millington, TN 38053
0.46
$14,000
-
-
-
Recently Sold
5852 US Highway 51 N, Alexandria, TN 38053
0.57
$32,500
-
-
-
Recently Sold
2336 Fite Rd, Memphis, TN 38127
0.60
$125,800
3
1
1,076
Off Market

Local Information

  • Map ViewExplore the area around 2540 Rust Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1958
0.99 acre lot
1,092 sqft
$83/sqft

About this House

**REDUCED** LOCATED IN NORTH MEMPHIS, THIS GREAT HOME NEEDS SOME REPAIRS BUT HAS LOTS OF POTENTIAL! THREE BEDROOMS AND A LARGE YARD. CALL FOR MORE DETAILS AND TO SCHEDULE A SHOWING TODAY!
2540 Rust Ave, Memphis, TN 38127 is a 3 bedroom, 1 bathroom, 1,092 sqft single-family home built in 1958. It last sold for $9,600 on May 8, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $90,800, with a rent estimate of $1,106/month.

Home Details for 2540 Rust Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Crawl Raised
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: Single Family HomeArchitecture: traditional

Community

Units in Building: 1

Lot Information

Lot Area: 0.99 acres

Price and Tax history

DateEventPrice
May 8, 2012
Source: MAAR #3239193
Sold
$9,600
Apr 6, 2012
Source: Agent Provided
PriceChange
$14,900
Price decreased by 25%
Mar 30, 2012
Source: Agent Provided
PriceChange
$19,900
Price decreased by 33%
Mar 8, 2012
Source: Agent Provided
PriceChange
$29,900
Price decreased by 14%
Feb 16, 2012
Source: Agent Provided
PriceChange
$34,900
Price decreased by 12%

Market trends in Memphis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$154K
$4KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$111
$1MoM
Available listings
3182
22MoM

Around this home

What Locals Say about Memphis

At least 3688 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 80 % Say yards are well-kept

  • 79 % Say there are sidewalks

  • 76 % Say parking is easy

  • 69 % Say it's dog friendly

  • 65 % Say there's holiday spirit

  • 64 % Say streets are well-lit

  • 59 % Say kids play outside

  • 52 % Say it's quiet

  • 48 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 44 % Say it's walkable to restaurants

  • 43 % Say it's walkable to grocery stores

  • 37 % Say people would walk alone at night

  • 33 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Leigh
    "We love our neighborhood! Its quiet when it needs to be and everyone watches out for each other. "
    0
    Flag
  • Leilani Hanna
    "Why is the street view blurred grrr! We are looking to move "
    0
    Flag
  • Brinley Honshell
    "I see people walking their dogs daily. Also, anytime my dog has ever got out. My neighbors are always looking out and keeping each other’s pups safe."
    0
    Flag
  • Raul
    "A great place to live in summer season. I traveled to that zone the last year and it was awesome walking into the green areas"
    0
    Flag
  • Raul
    "The price is excelente for all the amenities and the green areas looks awesome I have plans tho visit that area in my next vacations"
    0
    Flag
  • juan tapia
    "I like this area because there are nice people and everyone seems to live together in this community."
    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
  • Designerchick84
    "Nice friendly neighborhood. Clean kept yards. People are polite and most keep to themselves without being rude "
    2
    Flag
  • Timothy Mcneal
    "We are family-oriented and it is a pleasant area to raise a family and up keep is pretty good as well"
    0
    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
  • Nxyznmtxgx
    "They should not be allowed to walk loose on the street, they are dangerous, they can bite a person and they would be in trouble, they would not like that."
    1
    Flag
  • Williebradberry
    "Minding your own business is the best thing you can do! Memphis in MAY is one events only thing I dislike is when Memphis does have events I don’t feel they are well announced. "
    1
    Flag
  • Amdstrtt
    "There are a lot of dog owners in my neighborhood. It is a good pace for walks and there is a dog park very close. "
    2
    Flag
  • Giana Ballard
    "Sometimes there are stray dogs walking around, which might make it difficult to let your dog outside unattended. "
    2
    Flag
  • Lyndsey Harrison
    "Pretty quiet and no one really bothers us! I enjoy all the shopping and food around the area. It’s well maintained and there’s plenty of grocery stores close to home. "
    1
    Flag
  • Celita Allen
    "Theres a lot of stray dogs in the area that likes to run around and chase the kids, but it is a quiet peaceful area which why i love living here "
    3
    Flag
  • Doridan325
    "I believe they wouldn’t like other dog owners not be able to handle or train their dog properly. I also believe they will like friendly dog owners."
    1
    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 "
    24
    Flag
  • Nicole Priola
    "Love the proximity to the Overton Park and Overton Square. The neighborhood is walkable with old trees. "
    9
    Flag
  • Bmolock5
    "The kids these days are not like we were back in the day . The streets have gotten so bad ! I remember walking everywhere, when I was a kid. Keep you babies home or be their drivers. "
    1
    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
  • Crystal wallace
    "It’s a great peaceful place to live the area is beautiful and houses are just as well look like everyone looks out for one another in the community haven’t heard to much crime in the neighborhood "
    1
    Flag
  • Samantha Dahmer
    "Private schools or public in the suburbs for parents moving from out of state to the Memphis area. School buses are about the only public transit. "
    0
    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
  • Samantha Dahmer
    "Public schools outside of Memphis are great, surrounding suburbs. If you live in Memphis city limits, try private schools."
    0
    Flag
  • Dazarries Wilkerson
    "My commute is great soo far I have zero complaints about the neighboring areas. This property is only about 18 minutes away from my job and I think it would be a great fit."
    1
    Flag
  • Bridget Harris
    "The area is rebuilding with restaurants and great neighborhood parks safe for daily exercise. There are a variety of great schools in the area from private, charter and public schools!"
    1
    Flag
  • Meathead4eva
    "Good neighborhood I feel comfortable living in I also have a friend girl that lives in that area I think it’s a nice house and it has the amount of bedrooms that I’m looking for "
    4
    Flag
  • Jeff Wallace
    "I don’t. I am retired. But those who do must rely on their own vehicles. There is very little in the way of public transportation. "
    4
    Flag
  • Jordan H
    "Less short term rental options and lower rental costs. A good amount of crime still happens in midtown"
    15
    Flag
  • Daisy Wheeler
    "The number of break ins that occurs in the neighborhood. We all want to be somewhere safe. This information is useful "
    25
    Flag
  • Trulia User
    "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
    3
    Flag
  • Trulia User
    "Good I have doctors appointment and so do my sons. My sons are disable and we need piece and quite. It look like a good commute."
    4
    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
    "its family oriented and I love the murals and the culture in this particular community I love everything about the community the easy if finding stores and restaurants in the area. the community has come a lo g way and I'm have been living here since 2013."
    9
    Flag
  • Trulia User
    "condo living and safety, diverse neighborhood, many churches and Greenspance walking trail, convenient to all medical facilities, grocery shopping, thrift stores, garden centers and large fitness centers with8n 10 minutes, "
    7
    Flag
  • Trulia User
    "It’s a nice neighborhood to stay in send your kids to school with no worries. Clean environment well maintained. "
    2
    Flag
  • Trulia User
    "I am new to the area so I don't know but they are having a trunk or treat this Halloween. I am not sure if they do anything for Thanksgiving or Christmas. "
    2
    Flag
  • Trulia User
    "very safe each time I have lived in this area. I also go through this neighborhood several times a day and never seen anything that would bother me or surprise me . "
    9
    Flag
  • Trulia User
    "we have neighborhood watch block parties community gardens and friendly neighbors local stores and churches great food and restaurants playgrounds"
    10
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2540 Rust Ave

  • What is 2540 Rust Ave estimated to be worth?
    Trulia's estimated value for 2540 Rust Ave in Memphis, TN is $90,800.
  • What is the price history for 2540 Rust Ave?
    2540 Rust Ave in Memphis, TN last sold for $9,600 in May 2012.
  • What are the closest schools to 2540 Rust Ave?
    The closest schools to 2540 Rust Ave in Memphis, TN are E. E. Jeter Elementary School (Pre-K/Middle, rated 5/10), Trezevant High School (rated 3/10).
  • Does 2540 Rust Ave have air conditioning?
    Yes, 2540 Rust Ave in Memphis, TN has air conditioning.
  • How big is the lot at 2540 Rust Ave?
    The lot at 2540 Rust Ave in Memphis, TN is about 0.99 acres (43,124 sq ft).
  • Does 2540 Rust Ave have parking?
    Yes, 2540 Rust Ave in Memphis, TN has on-site parking.

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Off Market Homes Near 2540 Rust Ave

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