987 Floyd Ave

Memphis TN 38127

845 sq. ft.

0.32 ac.

Single-Family

Last sold for $65,000

Donnie Morrow, last sold this property on 15 May 2026 after 84 days on market.

Overview

Investor Special! This tenant-occupied 3-bedroom, 1-bath home is a great addition to any rental portfolio. Currently leased at $895/month with tenants in place, this property offers immediate income potential from day one. Home features a functional floor plan with spacious living areas and solid rental appeal. Conveniently located with easy access to major roads, schools, and local amenities. Long-term tenant in place since 4/5/2020. Current lease ends 4/30/2026.

Features

3 bedrooms

1 bathroom

845 sq. ft. floor area

0.32 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 987 Floyd Ave is $90k.

Median value

$90k

Estimated value range

$7.5k - $403.7k

Median days on market

Estimated value trend

10%

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 987 Floyd Ave

2026

Sold

$65,000

15 May 2026 by Donnie Morrow

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.