2424 Norman Avenue

Memphis TN 38108

816 sq. ft.

Single-Family

Last sold for $130,000

Angelita Parham, last sold this property on 23 September 2026 after 196 days on market.

Overview

Huge Price Improvement! Attention Investors: Beat the 1% rule! Renovated 4-bedroom-1-bath home with Section 8 tenant. This property presents a great opportunity for investors looking to generate rental income. The home offers a functional layout with four bedrooms, providing plenty of space and flexibility. Whether you're expanding your rental portfolio or looking for a property with strong income potential, this is an opportunity worth considering. New roof, new furnace, and new kitchen. Please do not disturb the tenants, rent roll can be provided, leased renewed 2/22/2026. $1600 monthly collected monthly.

Features

4 bedrooms

1 bathroom

816 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 2424 Norman Avenue is $135k.

Median value

$135k

Estimated value range

$32.5k - $264.9k

Median days on market

Estimated value trend

80%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2424 Norman Avenue

2026

Sold

$130,000

23 Sep 2026 by Angelita Parham, of KAIZEN Realty, LLC

2024

Sold

$101,500

29 Jul 2024 by Greta Jones, of KAIZEN REALTY LLC

2023

Sold

$25,000

07 Dec 2023 by Kiara Bridges, of J Hunter Realty

Happy sellers in Memphis

We have insufficient information to provide an overview of customer satisfaction for Memphis. Viewing the agent profiles, reviews and sales for Memphis can provide insights for this location.