285 Lucy Ave, Memphis, TN 38106
Property image
Property image
SOLD
FEB 13, 2026

285 Lucy Ave
Memphis, TN 38106

Downtown
  • Studio
  • 2,500 sqft

$293,000

Last Sold: Feb 13, 2026
7% below list $315K
$117/sqft
Est. Refi. Payment $1,804/mo*
Refinance Your Home

$293,000

Last Sold: Feb 13, 2026
7% below list $315K
$117/sqft
Est. Refi. Payment $1,804/mo*
Refinance Your Home
Studio
2,500 sqft

Local Information

  • Map ViewExplore the area around 285 Lucy Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1960
Living Area
2,500 sqft
Price/Sqft
$117/sqft

Description

Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units. Two occupied units rented at $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling. Professionally Managed (Lease, Ledgers, Maintenance History, & Pics at Request). Pictures of units are before tenants moved in. No wholesalers, assignments, or creative financing.
285 Lucy Ave, Memphis, TN 38106 is a studio, 2,500 sqft multi-family in Downtown, built in 1960. It last sold for $293,000 on Feb 13, 2026 (7% below the $315,000 asking price). It is currently off market. The Trulia Estimate is $292,600, with a rent estimate of $813/month.

Home Details for 285 Lucy Ave

Active Status

MLS Status: Closed

Interior Features

Dimensions and Layout
Living Area: 2500 Square Feet
Appliances & Utilities
Laundry: Individual
Heating & Cooling
Has CoolingAir Conditioning: OtherNo Heating
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 2Levels: Three Or MoreFloors: Laminate
View
No View

Exterior Features

Exterior Home Features
Roof: OtherNo Private Pool
Parking & Garage
No Attached Garage
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex
Building
Construction Materials: BrickNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 013023 00005

Price & Status

Price
List Price: $315,000Price Per Sqft: $117/sqft
Status Change & Dates
Off Market Date: Wed Dec 24 2025Possession Timing: Immediate

Location

Direction & Address
City: MemphisCommunity: Latham & Simpson

Building

Building Area
Building Area: 2500 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 6250 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Water, Gas

Miscellaneous

Mls Number: 3130635Attribution Contact: 9018335456

Additional Information

HOA Amenities: Sidewalks
Last check for updates: about 5 hours ago
Listed by Monica Bynum, (901) 833-5456
Crye-Leike, Realtors
Tyler Tapley, (901) 871-1290
Crye-Leike, Realtors
Bought with: Savun Vuth, (901) 690-6212, Keller Williams
Source: RealTracs MLS as distributed by MLS GRID, MLS#3130635

Price History for 285 Lucy Ave

DatePriceEventSource
02/13/2026$293,000Sold
RealTracs MLS as distributed by MLS GRID #3130635
12/25/2025$315,000PendingMAAR #10190234
11/11/2025$315,000PendingToActiveMAAR #10190234
11/08/2025$315,000PendingMAAR #10190234
10/06/2025$315,000PriceChange
MAAR #10190234
08/18/2025$329,000PriceChange
MAAR #10190234
05/01/2025$335,000PendingMAAR #10190234
04/08/2025$335,000PriceChange
MAAR #10190234
02/17/2025$340,000Listed For SaleMAAR #10190234
10/11/2023$340,000Sold
MAAR #10157648
09/27/2023$340,000PendingMAAR #10157648
09/27/2023$340,000Listed For SaleMAAR #10157648
08/06/2020$41,000ListingRemovedAgent Provided
07/23/2020$41,000Listed For SaleAgent Provided
06/17/2020$41,000ListingRemovedAgent Provided
06/11/2020$41,000Listed For SaleAgent Provided

Market trends in Downtown

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$146K
$27KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
380
38MoM
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Comparable Sales for 285 Lucy Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
341 Gaston Ave, Memphis, TN
0.26
Multi-Family Home
$255,000
09/19/25
-
2,912
412 E McLemore Ave, Memphis, TN
0.28
Multi-Family Home
$175,000
11/26/25
-
2,814
1304 Horace St, Memphis, TN
0.40
Multi-Family Home
$335,000
01/16/26
-
3,600
494 Walker Ave, Memphis, TN
0.56
Multi-Family Home
$180,000
05/20/26
-
2,800
259 Maryland Ave, Memphis, TN
0.58
Multi-Family Home
$239,500
08/04/25
-
4,662
760 Richmond Ave, Memphis, TN
0.91
Multi-Family Home
$260,000
03/13/26
-
2,650

Nearby homes

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Assigned Schools

These are the assigned schools for 285 Lucy Ave.
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

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

What Locals Say about Downtown

At least 264 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 75 % 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

  • 47 % 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

  • 39 % 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.
  • 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
  • Trulia User
    "Little grass to walk and lots of speeding cars not paying attention to lights pedestrians and animals "
    0
    Flag
  • Samantha Dahmer
    "Public schools outside of Memphis are great, surrounding suburbs. If you live in Memphis city limits, try private schools."
    0
    Flag
  • Trulia User
    "There are different things the children can play, parks, you can go downtown and the pretty lights on different cars, prowlers, you can go riding on school buses for entertainment, here music with different lights on the bus, Beal street is open. There plenty of security around the city. When it is dark keep your children close to your side and enjoy yourselves."
    2
    Flag
  • Trulia User
    "The neighborhood seems very nice. Everything was clean. The houses very organized. The grass was nice. The mail ran on time. The people seemed to be very friendly. Also there was not any Home owners association fees. Everybody seemed to a gravitational community."
    9
    Flag
  • Jeremy F.
    "We have a variety of Festivals and events that celebrate the culture of the south. There are live music, great food, and games to play."
    6
    Flag
  • Lonneystar
    "People are friendly and willing to offer directions or information about the area. There are many stores and restaurants nearby. "
    1
    Flag
  • Alan B.
    "Dog park and parks are nearby. It is very walkable to most parks. There does however, seem to be an abundance of dog waste left around the city"
    2
    Flag
  • Emma L.
    "There is a giant, nice new dog park with a space for large dogs and a space for smaller dogs. There’s a little by river walk that’s wide enough for you to pass another dog, and tons of grass for them to run around in."
    5
    Flag
  • Alyssa R.
    "St Jude marathons, close to downtown, uptown, midtown, cooper young, Overton square area which have events monthly"
    2
    Flag
  • Shannon F.
    "Mississippi River views- quiet, privacy. Feeling of security and community amongst all neighbors. Neighbors are friendly. "
    2
    Flag
  • Juantena J.
    "I like where I live...a lot of places are very close. I can walk to the grocery store and Walgreens. I'm not use to living in the "City" so hearing the police sirens and ambulances too, I've gotten use to it"
    4
    Flag
  • Luh C.
    "Be strong and take care of what need to be done as in responsibility. Provide strive for greatness. "
    3
    Flag
  • Ebony C.
    "Not sure because I don’t own any pets and have no desire to do so. However there is a dog park downtown and other park areas "
    2
    Flag
  • Parker R.
    "Heavy traffic area, not awesome for walking your dog. Taking your dog down by the river is nice though, which is a short-ish walk away or a very short drive."
    1
    Flag
  • Hunny P.
    "Right by the river. Peaceful and calm environment. If you do get bored, night life is right around the corner. You get it all without sacrificing the peace and ambience "
    29
    Flag
  • Chloe S.
    "12 minutes to midtown. Not terrible traffic really. 5 minutes to West Memphis, AR. Roads are very easy to navigate"
    2
    Flag
  • Hunny P.
    "Accessible to parks and events. Quiet even though it is next to the street. Dog parks around the corner, food and grocery around the corner. You can take peaceful walks on the bridge. Amazing view"
    1
    Flag
  • Jaimie W.
    "Walking around or using a scooter down town, particularly south main is safe. Outside park areas available. "
    0
    Flag
  • Becky L. B.
    "South main arts district and business constantly expanding the area so our downtown can grow. Is residential in a downtown atmosphere. "
    18
    Flag
  • Murrellneal48
    "Dogs always have fun being walked by there owner. So to make a long story short. They are always very happy to be walked by there owner. And play with children."
    0
    Flag
  • Chauncey R.
    "My commute is pretty decent. I’m in the middle of everything and really don’t have to leave the house. The only downside is there is no grocery store in the area."
    1
    Flag
  • Danielle R.
    "Trolley nights on Main Street are very popular. Farmers market on Saturday mornings, new initiatives on Beale street landing on the river"
    0
    Flag
  • Goldmike99
    "Love living downtown good people not great for kids. Dog walkers is are all over and people are so friendly."
    9
    Flag
  • Goldmike99
    "A lot of people walk there dogs downtown and plenty of small places. Also small dog parks local in the area."
    0
    Flag
  • Evans.bran
    "It’s actually great for dog owners as long as they are leashed. There is plenty of places to walk them."
    0
    Flag
  • Alyssa R.
    "close to downtown, hospitals, Mississippi River, Overton Square, Midtown, Cooper Young, West Memphis, "
    3
    Flag
  • Elijah D.
    "One of the safest areas of downtown. Living next to the river is a huge plus and wonderful for children and those with pets. Bugs are a problem though if you don’t mind them too much "
    8
    Flag
  • Gayle M.
    "My neighborhood is fun and has a lot of great restaurants & entertainment nearby. But it can be sketchy after dark."
    0
    Flag
  • De-Mi W.
    "Great family environment! Great grocery store, school, restaurants and much more! The scenery is so beautiful! "
    0
    Flag
  • Norton2352
    "Lots of dog walkers- shops and cool nightlife- young people like the area- low crime rate- close to my church and my daughters family "
    1
    Flag
  • Niyungeko J.
    "It is important as a parents to chose an area that's safe for the kids to play without having to worry about anything. An area that's close to the park and it's safe. Also do house shopping wuth kids and get kids views of the houses as it will give you an ideas and add your ideas and their ideas to compromise"
    0
    Flag
  • Brian C.
    "Extremely easy access to the interstate so most trips are only 20-25 minutes. New traffic light at Georgia and Riverside makes the left turn a breeze to make now."
    0
    Flag
  • rae h
    "The traffic is bad 7-9am and 4-6pm which is typical everywhere. but any other time is pretty quiet but there is almost never parking anywhere. ever."
    0
    Flag
  • Tylersmith1031
    "I love downtown Memphis; it’s nice up incoming area. It’s exciting seeing Memphis become America’s next modernized renovated big city right before my eyes. "
    0
    Flag
  • JohnnyG
    "I've lived in this neighborhod for over three years and I've never had a problem. The people are nice and friendly I I feel safe walking at night."
    12
    Flag
  • Lisa A. D.
    "Close to the River, close to the bluffs, Secure, gated, some noise from special events or some weekends for the most part it is quite"
    0
    Flag

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Homes for sale near 285 Lucy Ave

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Off Market Homes Near 285 Lucy Ave

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Based on information submitted to the MLS GRID as of 2026-07-23 02:23:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information