508 E  Dison Ave, Memphis, TN 38106
FOR SALE

508 E Dison Ave
Memphis, TN 38106

Downtown
  • 4 Beds
  • 2 Baths
  • 1,694 sqft

$144,900

Est. Mortgage $907/mo*

$144,900

Est. Mortgage $907/mo*
4 Beds
2 Baths
1,694 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026). Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates. Professionally managed, maintenance report and tenant ledgers available upon request. Please do not disturb tenants.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$86
Listed
31 days ago

Home Details for 508 E Dison Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1694 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Part Carpet
Levels, Entrance, & Accessibility
Stories: 1Floors: Part Carpet

Exterior Features

Parking & Garage
No GarageHas Open ParkingParking: Driveway/Pad
Pool
Pool: None

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Built as DuplexArchitecture: Traditional
Building
Does Not Include Home Warranty
Property Information
Parcel Number: 049032 00006

Price & Status

Price
List Price: $144,900Price Per Sqft: $86
Status Change & Dates
Possession Timing: Rental Agreement

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: Johnsons Longview Heights Blk C

Agent Information

Listing Agent
Listing ID: 10218600

Lot Information

Lot Area: 9600 sqft

Offer

Listing Terms: Conventional

Rental Terms, Policies & Fees

Lease Term: Other (Call LA)

Miscellaneous

Mls Number: 10218600Living Area Range Units: Square Feet
Last check for updates: about 14 hours ago
Listing courtesy of Jeremy R Veldman
KAIZEN Realty, LLC, (901) 221-4041
Source: MAAR, MLS#10218600
Also Listed on MAAR.

Price History for 508 E Dison Ave

DatePriceEventSource
04/07/2026$144,900Listed For SaleMAAR #10218600
11/27/2018$115,000Sold
N/A
08/28/2018$18,000Sold
N/A
03/16/2006$30,600Sold
N/A
04/05/2005$39,333Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,480
Assessment$70,200
Home facts updated by county records

Comparable Sales for 508 E Dison Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Multi-Family Home
$90,117
10/14/25
4
2
1,537
0.69
Multi-Family Home
$45,000
06/25/25
4
2
1,710
1.09
Multi-Family Home
$100,000
10/14/25
4
2
1,650
0.27
Multi-Family Home
$52,500
08/01/25
2
2
-
1.50
Multi-Family Home
$112,000
10/22/25
4
2
1,350
1.39
Multi-Family Home
$98,000
01/16/26
4
2
1,330
1.39
Multi-Family Home
$98,000
01/16/26
4
2
1,325

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 263 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

  • 61 % 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

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. "
  • Trulia User
    "Little grass to walk and lots of speeding cars not paying attention to lights pedestrians and animals "
  • Samantha Dahmer
    "Public schools outside of Memphis are great, surrounding suburbs. If you live in Memphis city limits, try private schools."
  • 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."
  • 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."
  • 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."
  • Lonneystar
    "People are friendly and willing to offer directions or information about the area. There are many stores and restaurants nearby. "
  • 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"
  • 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."
  • Alyssa R.
    "St Jude marathons, close to downtown, uptown, midtown, cooper young, Overton square area which have events monthly"
  • Shannon F.
    "Mississippi River views- quiet, privacy. Feeling of security and community amongst all neighbors. Neighbors are friendly. "
  • 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"
  • Luh C.
    "Be strong and take care of what need to be done as in responsibility. Provide strive for greatness. "
  • 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 "
  • 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."
  • 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 "
  • Chloe S.
    "12 minutes to midtown. Not terrible traffic really. 5 minutes to West Memphis, AR. Roads are very easy to navigate"
  • 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"
  • Jaimie W.
    "Walking around or using a scooter down town, particularly south main is safe. Outside park areas available. "
  • Becky L. B.
    "South main arts district and business constantly expanding the area so our downtown can grow. Is residential in a downtown atmosphere. "
  • 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."
  • 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."
  • Danielle R.
    "Trolley nights on Main Street are very popular. Farmers market on Saturday mornings, new initiatives on Beale street landing on the river"
  • Goldmike99
    "Love living downtown good people not great for kids. Dog walkers is are all over and people are so friendly."
  • Goldmike99
    "A lot of people walk there dogs downtown and plenty of small places. Also small dog parks local in the area."
  • Evans.bran
    "It’s actually great for dog owners as long as they are leashed. There is plenty of places to walk them."
  • Alyssa R.
    "close to downtown, hospitals, Mississippi River, Overton Square, Midtown, Cooper Young, West Memphis, "
  • 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 "
  • Gayle M.
    "My neighborhood is fun and has a lot of great restaurants & entertainment nearby. But it can be sketchy after dark."
  • De-Mi W.
    "Great family environment! Great grocery store, school, restaurants and much more! The scenery is so beautiful! "
  • 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 "
  • 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"
  • 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."
  • 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."
  • 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. "
  • 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."
  • 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"

LGBTQ Local Legal Protections

Jeremy R Veldman, KAIZEN Realty, LLC, (901) 221-4041
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.
Some or all of the listings displayed may not belong to the firm whose website is being visited.
508 E Dison Ave, Memphis, TN 38106 is a 4 bedroom, 2 bathroom, 1,694 sqft multi-family built in 1947. 508 E Dison Ave is located in Downtown, Memphis. This property is currently available for sale and was listed by MAAR on Apr 7, 2026. The MLS # for this home is MLS# 10218600.