986 Eldridge Ave, Memphis, TN 38107
OFF MARKET

$213,600

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,258 sqft

986 Eldridge Ave, Memphis, TN 38107

Downtown
Est. Refi. Payment $1,354/mo*
Refinance Your Home
Currently Off Market - Sold Jun 16, 2025 for $215,000

Home Value

Trulia Estimate
$214K
Since last month
Increased$3K (+1.5%)
Since last year
Increased$200 (+0.1%)
Since last sale
Decreased$800 (-0.4%)
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 +2,142% in the last 10 years
MonthEstimated value
2026
August 2026$214K
August 2026$214K
July 2026$211K
June 2026$213K
May 2026$215K
April 2026$213K
March 2026$213K
February 2026$210K
January 2026$210K
2025
2023
2022
2021
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
897 N Willett St, Memphis, TN
1.15
Multi-Family Home
$245,000
09/16/25
4
2
1,915
736 N Montgomery Ave, Cordova, TN
0.97
Multi-Family Home
$90,000
07/17/26
4
2
1,404
755 N Avalon St, Memphis, TN
1.40
Multi-Family Home
$170,000
12/10/25
3
2
2,018
1327 Peach Ave #1329-1323-1321, Memphis, TN
1.73
Multi-Family Home
$127,000
08/07/26
2
2
1,340
1319 Peach Ave #1321-1323-1325, Memphis, TN
1.73
Multi-Family Home
$263,000
08/07/26
2
2
2,808
966 Leon Pl, Memphis, TN
0.58
Multi-Family Home
$184,400
12/12/25
-
3,456

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
975 Marble Ave, Memphis, TN 38107
0.03
$90,900
4
2
1,626
Off Market
1009 Eldridge Ave, Memphis, TN 38107
0.05
$91,300
5
2
1,750
Off Market
965 Eldridge Ave, Memphis, TN 38107
0.05
$108,200
Studio
-
2,640
Off Market
1137 Kney St, Memphis, TN 38107
0.09
$106,100
3
1
1,174
For Sale
1123 Kney St, Memphis, TN 38107
0.11
$20,000
2
1
1,103
Recently Sold
1110 Decatur St #N-38, Memphis, TN 38107
0.11
-
-
-
-
Off Market
1104 Morehead St, Memphis, TN 38107
0.11
$60,000
3
1
1,152
Recently Sold
1114 Kney St N, Memphis, TN 38107
0.14
-
2
1
1,006
Off Market
1141 Breedlove St #14, Memphis, TN 38107
0.14
$17,000
-
-
-
For Sale
1108 Kney St #8, Memphis, TN 38107
0.15
-
-
-
-
Off Market
1123 Ayers St, Memphis, TN 38107
0.15
-
2
1
898
Off Market

Local Information

  • Map ViewExplore the area around 986 Eldridge Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1940
1,258 sqft
$170/sqft

About this House

Investment Opportunity! This duplex is ready for a full Renovation and then Rental income. This property offers the potential to maximize rental income with the flexibility to rent out both sides or live in one side while renting out the other. Whether you're a seasoned investor or just starting in real estate, don't miss out on the investment opportunity.
986 Eldridge Ave, Memphis, TN 38107 is a 2 bedroom, 2 bathroom, 1,258 sqft multi-family in Downtown, built in 1940. It last sold for $215,000 on Jun 16, 2025 (400% above the $43,000 asking price). More recently, it was listed as a rental in December 2014 with an asking price of $275 per month. That rental listing was removed on January 31, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $213,600, with a rent estimate of $1,050/month.
Last check for updates: about 8 hours ago
Listed by Lauren Edwards, (901) 331-2362
Crye-Leike Realtors
Bought with: Romond Mcclinton, (901) 413-6610, Crye-Leike, Inc., REALTORS
Source: RealTracs MLS as distributed by MLS GRID, MLS#3503025

Home Details for 986 Eldridge Ave

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1258 Square Feet
Appliances & Utilities
Utilities: Natural Gas Available
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Concrete
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Concrete
View
No View

Exterior Features

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

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Duplex
Building
Not a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 021050 00076

Price & Status

Price
List Price: $43,000
Status Change & Dates
Off Market Date: Fri Aug 16 2024Possession Timing: Negotiable

Location

Direction & Address
City: MemphisCommunity: Victory Courts

Building

Building Area
Building Area: 1258 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 5390 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Water, Gas

Miscellaneous

Mls Number: 3503025Attribution Contact: 9013312362

Price and Tax history

DateEventPrice
Jun 16, 2025
Source: N/A
Sold
$215,000
Apr 20, 2025
Source: MAAR #10192495
PriceChange
$248,999
Price decreased by 16%
Mar 21, 2025
Source: MAAR #10192495
Listed For Sale
$295,000
Aug 15, 2024
Source: RealTracs MLS as distributed by MLS GRID #3503025
Sold
$40,000
Jul 31, 2024
Source: MAAR #10165858
Pending
$43,000

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

Around this home

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

  • 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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-09 09:38:24 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

Frequently asked questions about 986 Eldridge Ave

  • What is 986 Eldridge Ave estimated to be worth?
    Trulia's estimated value for 986 Eldridge Ave in Memphis, TN is $213,600.
  • What is the price history for 986 Eldridge Ave?
    986 Eldridge Ave in Memphis, TN last sold for $215,000 in June 2025.
  • 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.
  • Does 986 Eldridge Ave have air conditioning?
    Yes, 986 Eldridge Ave in Memphis, TN has air conditioning.

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Off Market Homes Near 986 Eldridge Ave

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