Longstep Property Solutions Homes for Rent
Memphis Property Intelligence

1607 Forrest Ave

Memphis, TN 38112 ยท DUPLEX

Bedrooms2
Bathrooms2
Square feet1,000
Year built1961
Lot0.2 ac
TypeDUPLEX
Long-term rent
$1,725/mo
what comparable Memphis homes rent for (3 comps)
Estimated net to owner at 8% management: $1,587/mo
Short-term (Airbnb)
$15,871/yr
median annual revenue of comparable short-term rentals (1 comps)
County value & tax
$358,300
Shelby County appraised value
Est. annual tax $7,883
Renovation history
$92,000
last sold after renovation in 1999, 130% above its prior sale
In 38112: renovated homes typically resell 127% above purchase on about $34,500 of work (115 flips on record).
Historic district: Evergreen

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We will pull the real comparable rentals and short-term comps for 1607 Forrest Ave, run the long-term and short-term numbers, and send it over. Free, no obligation.

Sourced from Shelby County Assessor and Register of Deeds records and live local comps. Figures are estimates, not an appraisal. Or call (901) 244-2911.