581 Eastern Dr, Memphis, TN 38122
SOLD
MAR 31, 2026

$202,000

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 955 sqft (on 0.27 acres)

581 Eastern Dr, Memphis, TN 38122

East Memphis
Est. Refi. Payment $1,335/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2026 for $45,000

Home Value

Trulia Estimate
$202K
Since last month
Increased$55K (+37.7%)
Since last year
Increased$113K (+127.7%)
Since last sale
Increased$157K (+348.9%)
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 +349% in the last 10 years
MonthEstimated value
2026
October 2026$202K
September 2026$147K
August 2026$140K
July 2026$45K
June 2026$45K
May 2026$45K
April 2026$45K
March 2026$108K
February 2026$91K
January 2026$97K
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
508 Western Dr, Memphis, TN
0.13
Single-Family Home
$83,000
06/23/26
3
1
936
4247 Eastern Cv, Memphis, TN
0.18
Single-Family Home
$35,000
05/06/26
2
1
936
498 Sharon Dr, Memphis, TN
0.36
Single-Family Home
$50,000
08/04/26
2
1
1,106
710 Vaughn Rd, Memphis, TN
0.26
Single-Family Home
$140,000
04/28/26
3
1
1,083
4030 Forrest Dr, Memphis, TN
0.35
Single-Family Home
$78,000
01/20/26
2
1
825
574 Waring Rd, Memphis, TN
0.25
Single-Family Home
$130,000
10/01/26
3
1
920
4230 Hilldale Ave, Memphis, TN
0.26
Single-Family Home
$163,000
08/10/26
3
1
1,175
4166 Summer Ave, Memphis, TN
0.17
Single-Family Home
$134,330
03/16/26
2
1
900
4041 Faxon Ave, Memphis, TN
0.38
Single-Family Home
$55,000
05/12/26
2
1
1,579

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
573 Eastern Dr, Memphis, TN 38122
0.01
$182,900
4
3
1,739
Off Market
589 Eastern Dr, Memphis, TN 38122
0.02
$121,000
2
1
848
Off Market
567 Eastern Dr, Memphis, TN 38122
0.03
$151,400
3
2
1,119
Off Market
597 Eastern Dr, Memphis, TN 38122
0.03
$128,000
2
1
858
Off Market
574 Eastern Dr, Memphis, TN 38122
0.03
$144,300
3
1
967
Off Market
582 Eastern Dr, Memphis, TN 38122
0.04
$140,300
3
1
1,434
Off Market
559 Eastern Dr, Memphis, TN 38122
0.04
$159,700
2
1
1,073
Off Market
590 Eastern Dr, Memphis, TN 38122
0.04
$117,800
2
1
825
Off Market
568 Western Dr, Memphis, TN 38122
0.04
$137,000
2
1
941
Off Market
568 Eastern Dr, Memphis, TN 38122
0.04
$98,200
2
1
806
Off Market
584 Western Dr, Memphis, TN 38122
0.04
$153,700
2
1
1,260
Off Market
603 Eastern Dr, Memphis, TN 38122
0.05
$204,100
3
2
1,516
Off Market
576 Western Dr, Memphis, TN 38122
0.05
$125,000
2
1
840
Off Market
560 Western Dr, Memphis, TN 38122
0.05
$146,800
2
1
1,167
Off Market
598 Eastern Dr, Memphis, TN 38122
0.05
$106,200
3
1
882
Off Market
553 Eastern Dr, Memphis, TN 38122
0.05
$133,000
3
1
982
Off Market
560 Eastern Dr, Memphis, TN 38122
0.05
$113,000
3
1
1,046
Off Market
594 Western Dr, Memphis, TN 38122
0.05
$125,400
2
1
832
Off Market
554 Western Dr, Memphis, TN 38122
0.06
$149,000
3
1
1,300
Off Market
604 Eastern Dr, Memphis, TN 38122
0.06
$107,800
2
1
832
Off Market

Local Information

  • Map ViewExplore the area around 581 Eastern Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1947
0.27 acre lot
955 sqft
$47/sqft

About this House

What's unique:New roofExpansive back lawnNew stove and dishwasherNew flooring throughoutGranite countertopsRecessed lighting
This single-family home is located at 581 Eastern Dr, Memphis, TN. 581 Eastern Dr is in the East Memphis neighborhood in Memphis, TN and in ZIP code 38122. This property has 3 bedrooms, 1 bathroom and approximately 955 sqft of floor space. The last sold price per dimension was $47/sqft. This property has a lot size of 0.27 acres and was built in 1947.
581 Eastern Dr, Memphis, TN 38122 is a 3 bedroom, 1 bathroom, 955 sqft single-family home in East Memphis, built in 1947. It last sold for $45,000 on Mar 31, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $202,000, with a rent estimate of $1,357/month.

Home Details for 581 Eastern Dr

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: OtherFoundation Type: Crawl Raised

Property Information

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

Price & Status

Price
Price Per Sqft: $47/sqft

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Oct 10, 2026
Source: MAAR #10231639
ListingRemoved
$217,900
Oct 2, 2026
Source: MAAR #10231639
Listed For Sale
$217,900
Mar 31, 2026
Source: N/A
Sold
$45,000
May 15, 2001
Source: N/A
Sold
$58,000

Market trends in Memphis

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$151K
$3KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$109
$2MoM
Available listings
3107
79MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

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

LGBTQ Local Legal Protections

Frequently asked questions about 581 Eastern Dr

  • What is 581 Eastern Dr estimated to be worth?
    Trulia's estimated value for 581 Eastern Dr in Memphis, TN is $202,000.
  • What is the price history for 581 Eastern Dr?
    581 Eastern Dr in Memphis, TN last sold for $45,000 in March 2026.
  • 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 $151K. That is down $3K from the prior month.
  • Does 581 Eastern Dr have air conditioning?
    Yes, 581 Eastern Dr in Memphis, TN has air conditioning.
  • How big is the lot at 581 Eastern Dr?
    The lot at 581 Eastern Dr in Memphis, TN is about 0.27 acres (11,935 sq ft).

Explore by feature - Pet Friendly

1563 pet-friendly rentals in Memphis, TN

Explore by feature - Garage

344 rentals with a garage in Memphis, TN

Explore by feature - Air Conditioning

1278 rentals with air conditioning in Memphis, TN

Explore by feature - Pool

105 homes with a pool in Memphis, TN

Explore by feature - Washer/dryer

824 rentals with a washer/dryer in Memphis, TN

Explore by feature - Outdoor Space

581 rentals with an outdoor space in Memphis, TN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 581 Eastern Dr

Skip to last item
Skip to first item

Homes for sale near 581 Eastern Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item