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867 Polk, Memphis, TN 38126

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For Sale

$45,000

3 beds • 1 baths

Estimated Payment

$ 281 /mo. †

6.65% APR for 30 yrs.
$598 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • 31-40 Years Old
    Age

Explore this Property

Investors Only! Here's a solid investment opportunity, especially with New South Memphis growing. The home has good structural, a full rehab is needed and could significantly increase its value, particularly given it's less than ten minutes to Beale Street. Are you considering resale or holding for rental (market rate avg $1350) With the area growing, either strategy could yield strong returns. The Seller has two vacant lots on each side of the property that are for sale. The Seller prefers to sale the property with the two lots as a package, or The Buyer can purchase each parcel individually. CASH offers only, no wholesalers and no assignments.
MLS# 10191027

Courtesy Of 4 SUCCESS REALTY LLC

(901) 683-8229

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    New Traditional
  • Cooling System
    None
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 867 Polk, Memphis, TN 38126

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prestige

(662) 562-5502
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $231
  • Property Taxes
    $49
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $281

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Cummings School

Grades PK-8 Public School

Memphis, TN 38106 0.7 miles
1037 cummings st

414 total students
13:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Hollis F. Price Middle College 0.6 miles Public 9-12 C+
Bruce Elementary School 0.6 miles Public PK-5 C-
Bellevue Middle School 0.7 miles Public 6-8 C
Booker T. Washington High School 0.7 miles Public 6-12 D
Early Childhood Education 0.7 miles Public PK
Soulsville Charter School 0.8 miles Public 6-12 D
Central High School 0.9 miles Public 9-12 D
Ida B. Wells Academy Elementary School/middle School 0.9 miles Public KG-8 D-
Larose Elementary School 0.9 miles Public PK-5
1st Class Montessori 1 miles Private PK-2
1st Class Montessori - I 1 miles Private 1-2
City University School Girls Preparatory 1 miles Public 6-8 C+
Bluebird Learning Center 1 miles Public PK
Memphis Delta Preparatory 1 miles Public KG-5 D
Jessie Mahan Day Care Center 1.2 miles Public PK
Memphis Academy Of Science Engineering Middle/high 1.3 miles Public 6-12 C-
Ernestine Rivers Child Care Center 1.4 miles Public PK
Circles Of Success Learning Academy 1.4 miles Public KG-5 C+
Downtown Elementary School 1.4 miles Public PK-5 D+

Hollis F. Price Middle College

Distance: 0.6 miles

Type Public

Grades: 9-12

C+

Bruce Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

C-

Bellevue Middle School

Distance: 0.7 miles

Type Public

Grades: 6-8

C

Booker T. Washington High School

Distance: 0.7 miles

Type Public

Grades: 6-12

D

Early Childhood Education

Distance: 0.7 miles

Type Public

Grades: PK

Soulsville Charter School

Distance: 0.8 miles

Type Public

Grades: 6-12

D

Central High School

Distance: 0.9 miles

Type Public

Grades: 9-12

D

Ida B. Wells Academy Elementary School/middle School

Distance: 0.9 miles

Type Public

Grades: KG-8

D-

Larose Elementary School

Distance: 0.9 miles

Type Public

Grades: PK-5

1st Class Montessori

Distance: 1 miles

Type Private

Grades: PK-2

1st Class Montessori - I

Distance: 1 miles

Type Private

Grades: 1-2

City University School Girls Preparatory

Distance: 1 miles

Type Public

Grades: 6-8

C+

Bluebird Learning Center

Distance: 1 miles

Type Public

Grades: PK

Memphis Delta Preparatory

Distance: 1 miles

Type Public

Grades: KG-5

D

Jessie Mahan Day Care Center

Distance: 1.2 miles

Type Public

Grades: PK

Memphis Academy Of Science Engineering Middle/high

Distance: 1.3 miles

Type Public

Grades: 6-12

C-

Ernestine Rivers Child Care Center

Distance: 1.4 miles

Type Public

Grades: PK

Circles Of Success Learning Academy

Distance: 1.4 miles

Type Public

Grades: KG-5

C+

Downtown Elementary School

Distance: 1.4 miles

Type Public

Grades: PK-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Memphis, TN 38126

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Memphis, TN 38126

This community’s employment is highest in the administrative support and education industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
30° January
Coldest Average Month
2,606 Total Households in Area
-0.5% Increase in population since the year 2010
30%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Memphis, TN 38126

Memphis, TN 38126 has a population of 5,913 people in 2,606 households with a median age of 28.8 years old.

-0.5%
Decrease in population
since the year 2010
Population is Trending down
2,667
Total households as of 2010
1.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 28.8 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 92%
White 5%
Hispanic 1%
Asian <1%
Other <1%
Native American <1%
The most prevalent ethnicity is Black at 92%, followed by White at 5%, Hispanic at 1%, and Asian at <1%.

Economics
for Memphis, TN 38126

3,191 /sq mi
Population Density
$21,546 /yr
Median Household Income
$121,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 44.55% of the households.

Transportation to Work

  • Drive 90%
  • Walk or Bike 4%
  • Work from Home 3%
  • Public Transit 2%

Occupancy by Type

Rented 2,216 76%
Owned 391 13%
Vacant 296 10%

White vs Blue Collar Jobs







White Collar 56%
Blue Collar 44%

Family & Education Facts
for Memphis, TN 38126

28.8 Median Age

Average Household Size

2.2
persons per
household

10.2%

Married Households

Community Population By Education

High School Graduate 46%
Some College 20%
Some High School 20%
Bachelors Degree 7%
Graduate Degree 4%
Associates Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 46.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.9% of households have children

Weather
for Memphis, TN 38126

The weather for this area ranges from a high of 91° F in July to a low of 30° F in January

91° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
48°
Feb
33°
53°
Mar
41°
62°
Apr
51°
72°
May
59°
81°
Jun
67°
88°
Jul
71°
91°
Aug
69°
90°
Sep
62°
84°
Oct
50°
75°
Nov
41°
62°
Dec
33°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Memphis Area Association of Realtors&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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