515 E McKellar Ave, Memphis, TN 38106
Property image
Property image
OFF MARKET

515 E McKellar Ave
Memphis, TN 38106

Downtown
  • 3 Beds
  • 1 Bath
  • 1,470 sqft

$71,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $503/mo*
Refinance Your Home

$71,800

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $503/mo*
Refinance Your Home
3 Beds
1 Bath
1,470 sqft

Home Value

Trulia Estimate
$71.8K
Since last month
Increased$3K (+4.4%)
Since last year
Decreased$800 (-1.1%)
Since last sale
Increased$57K (+405.7%)
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 +134% in the last 10 years
MonthEstimated value
2026
August 2026$71K
July 2026$71K
June 2026$68K
May 2026$74K
April 2026$72K
March 2026$73K
February 2026$69K
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
527 E McKellar Ave, Memphis, TN
0.02
Single-Family Home
$25,500
06/01/26
3
1
1,512
537 E Davant Ave, Memphis, TN
0.08
Single-Family Home
$52,500
06/22/26
2
1
1,257
586 E Davant Ave, Memphis, TN
0.13
Single-Family Home
$16,000
07/10/26
2
2
1,800
631 E Davant Ave, Memphis, TN
0.23
Single-Family Home
$22,000
07/15/26
2
1
1,054
488 E Davant Ave, Memphis, TN
0.06
Single-Family Home
$58,000
05/04/26
4
1
1,844
605 E Mallory Ave, Memphis, TN
0.26
Single-Family Home
$38,000
07/09/26
3
1
1,266
507 E Frank Ave, Memphis, TN
0.07
Single-Family Home
$42,000
11/13/25
2
1
1,055
2010 Martin Cir, Memphis, TN
0.24
Single-Family Home
$53,600
10/16/25
3
1
988
2094 Alton Ave, Memphis, TN
0.27
Single-Family Home
$70,000
04/28/26
3
1
1,287
600 E McKellar Ave, Memphis, TN
0.16
Single-Family Home
$110,000
07/07/26
4
1
1,600

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
478 E Davant Ave, Memphis, TN 38106
0.08
$125,000
3
1.5
1,026
Recently Sold
507 E Frank Ave, Memphis, TN 38106
0.07
$42,000
2
1
1,055
Recently Sold
537 E Davant Ave, Memphis, TN 38106
0.08
$120,000
2
1
1,257
For Sale
508 E Gage Ave, Memphis, TN 38106
0.11
$127,200
3
2
1,036
Off Market
2177 S Lauderdale St, Memphis, TN 38106
0.11
$162,100
4
2
1,928
Off Market
2181 S Wellington St, Memphis, TN 38106
0.14
$94,200
3
1
1,055
Off Market
576 E McKellar Ave #31, Memphis, TN 38106
0.11
-
-
-
-
Off Market
585 E McKellar Ave, Memphis, TN 38106
0.13
-
-
-
-
Off Market
585 E McKellar Ave #6 & Ept5, Memphis, TN 38106
0.13
-
-
-
-
Off Market
539 Longview Blvd, Memphis, TN 38106
0.14
$149,800
3
2
1,552
Recently Sold
2197 S Wellington St, Memphis, TN 38106
0.17
$128,000
3
1.5
1,083
Recently Sold
602 E Gage Ave, Memphis, TN 38106
0.19
$166,300
3
2
1,395
Off Market

Local Information

  • Map ViewExplore the area around 515 E McKellar Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1947
Living Area
1,470 sqft
Price/Sqft
$49

About this House

Charming 3 bedroom stone cottage nestled under century old oaks in Lonview Heights. Hardwood floors and smooth ceilings. Professionally landscaped with iron fence. Home needs only minor repair. Wonderful opportunity. Selling AS-IS and priced accordingly.
515 E McKellar Ave, Memphis, TN 38106 is a 3 bedroom, 1 bathroom, 1,470 sqft single-family home in Downtown, built in 1947. It last sold for $14,000 on May 11, 2009. It is currently off market. The Trulia Estimate is $71,800, with a rent estimate of $1,154/month.

Home Details for 515 E McKellar Ave

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Single Family HomeArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
May 11, 2009
Source: N/A
Sold
$14,000
Dec 11, 2008
Source: Agent Provided
ListingRemoved
$55,900
Nov 20, 2008
Source: Agent Provided
PriceChange
$55,900
Price increased by 0%
Nov 5, 2008
Source: Agent Provided
Listed For Sale
$0
Oct 29, 2008
Source: N/A
Sold
$47,902

Market trends in Downtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$170K
$23.67KMoM
Sale-to-List Price
96.7%
0.4%MoM
Price per sq ft
$124
$4MoM
Available listings
386
6MoM
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Around this home

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

  • 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.
  • 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 515 E McKellar Ave

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Off Market Homes Near 515 E McKellar Ave

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Frequently asked questions about 515 E McKellar Ave

  • What is 515 E McKellar Ave estimated to be worth?
    Trulia's estimated value for 515 E McKellar Ave in Memphis, TN is $71,800.
  • What is the price history for 515 E McKellar Ave?
    515 E McKellar Ave in Memphis, TN last sold for $14,000 in May 2009.
  • 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.
  • How big is the lot at 515 E McKellar Ave?
    The lot at 515 E McKellar Ave in Memphis, TN is about 0.20 acres (8,712 sq ft).
  • Does 515 E McKellar Ave have parking?
    Yes, 515 E McKellar Ave in Memphis, TN has on-site parking.