2499 Calvert Avenue

Memphis TN 38108

1125 sq. ft.

0.13 ac.

Single-Family

Last sold for $225,000

Jonathan Nunez, last sold this property on 01 April 2026 after 130 days on market.

Overview

Vacant investment property offering exceptional potential for value creation. Ideal for investors interested in renovation, the home can be upgraded and rented to a Section 8 tenant, providing a strong, predictable income stream. With a location in a stable, high-demand rental market, the property combines affordability with significant upside potential. Perfect for investors seeking to strategically reposition a home, this property offers the chance to generate long-term cash flow and build equity through thoughtful improvements.

Features

3 bedrooms

1 bathroom

1125 sq. ft. floor area

0.13 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 2499 Calvert Avenue is $112.5k.

Median value

$112.5k

Estimated value range

$8.5k - $225k

Median days on market

Estimated value trend

25%

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 2499 Calvert Avenue

2026

Sold

$225,000

01 Apr 2026 by Jonathan Nunez, of Fast Track Realty, LLC

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.