Home Highlights
Property Type
Apartment
HOA
None
Local Information
-- mins to
About this House
Renovated
Central Heat and Air!!
No pets allowed.
Central Heat and Air!!
No pets allowed.
271 E Olive Ave, Memphis, TN 38106 is a 2 bedroom, 1 bathroom apartment in Downtown. More recently, it was listed as a rental in October 2024 with an asking price of $550 per month. That rental listing was removed on November 6, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $924/month.
Home Details for 271 E Olive Ave
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
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Appliances & Utilities MicrowaveRefrigerator |
Heating & Cooling Air ConditioningCooling System: Central Air |
Comparable Sales for 271 E Olive Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.79 | Apartment | $58,000 | 03/05/26 | 1 | 400 sqft | ||
1.46 | Apartment | $162,500 | 02/17/26 | 2 | 2.5 | 1,615 sqft | |
1.91 | Apartment | $115,000 | 11/17/25 | 2 | 1 | 952 sqft | |
1.91 | Apartment | $105,000 | 11/17/25 | 2 | 1 | 840 sqft | |
1.86 | Apartment | $12,000 | 09/08/25 | 4 | 2 | 954 sqft | |
2.33 | Apartment | $185,100 | 02/04/26 | 2 | 1 | 590 sqft | |
2.27 | Apartment | $80,000 | 01/02/26 | 1 | 1 | 712 sqft | |
2.54 | Apartment | $200,000 | 05/27/26 | 3 | 2 | 1,802 sqft | |
3.25 | Apartment | $181,000 | 05/26/26 | 2 | 2 | 1,216 sqft | |
3.38 | Apartment | $31,500 | 12/05/25 | 2 | 1 | 850 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Downtown
At least 264 Trulia users voted on each feature.
85 % Say there are sidewalks
76 % Say car is needed
72 % Say it's dog friendly
71 % Say streets are well-lit
64 % Say it's walkable to restaurants
64 % Say there's holiday spirit
60 % Say parking is easy
56 % Say yards are well-kept
48 % Say it's quiet
45 % Say kids play outside
43 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
40 % Say people would walk alone at night
38 % Say it's walkable to grocery stores
37 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 6, 2024 Source: Zillow Rentals | ListingRemoved | $550 |
Oct 25, 2024 Source: Zillow Rentals | Listed For Rent | $550 |
Oct 5, 2024 Source: Zillow Rentals | ListingRemoved | $550 |
Sep 20, 2024 Source: Zillow Rentals | Listed For Rent | $550 |
Frequently asked questions about 271 E Olive Ave
- 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 $170K. That is up $23.67K from the prior month.
- What do residents say about the Downtown neighborhood?Residents describe the Downtown neighborhood in Memphis, TN as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Downtown, Memphis.
- What are the closest schools to 271 E Olive Ave?The closest schools to 271 E Olive Ave in Memphis, TN are A B Hill Elementary School (Pre-K, rated 3/10), Hamilton High School (rated 3/10), Ida B Wells Academy (Elementary/Middle, rated 6/10).
- Does 271 E Olive Ave have air conditioning?Yes, 271 E Olive Ave in Memphis, TN has air conditioning.
Homes for rent near 271 E Olive Ave
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

