Ronald Lampley

985 Forrest Ave

Memphis, TN
$ 198,000 Beds 4 Baths 1.5 Sq 2,508
Monthly Estimate* How much can I afford?

Step into a home filled with history and character, just waiting for your personal touch. New exterior and interior paint, New kitchen flooring and concrete pad ready for auxiliary unit if you choose to add one. This 4-bedroom, 1.5-bath property features original hardwood floors, central Heat window units, a spacious formal dining room, dedicated office space, and a screened-in porch perfect for relaxing evenings. The fenced backyard adds privacy and room to enjoy the outdoors. With great bones and tons of potential, this home is a rare opportunity to design and create the dream home you’ve been looking for. Several homes on this street have been updated and brought back to life. Up and coming neighborhood. This home qualifies for down payment assistance up to $25000. Will consider installing central Air with acceptable offer. Call your agent today for details

Active

  • Price
  • $ 198,000
  • City
  • Memphis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.15 Acres
  • Zip
  • 38105
  • Sqr Footage
  • 2,508
  • Year Built
  • 1921
  • Taxes
  • $ 1469
  • Style
  • MLS#
  • 3248805
Listed By: Fast Track Realty;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 2508
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
Utilities Water Available
Possession Immediate
Roof Shingle
Appliances Refrigerator,Range,Oven
Architectural Style Other
Year Built 1921
Stories Count 2
Levels Three Or More
Property Subtype Single Family Residence
County Shelby County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name GALLOWAY PARK BLK 8
Full Baths 1
Status Active
Buyer Financing Conventional
Directions From Jackson ave left on Decatur st right on to Forest House on left
City Memphis
Senior Community Y/N No
Lot Size Units Acres
Carport Spaces 1
Carport Y/N Yes
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 1469
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 15

Interior Features

Basement Other
Flooring Wood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Laundry Features Washer Hookup
Total Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features Attached,Parking Pad
Water Source Public
Total Parking 1
Lot Size Area 0.15
Building Area Total 2508
Lot Dimensions 50X138
Lot Size Acres 0.15
Waterfront Y/N No
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/25/2026 Listed $225,000
7/19/2026 3% - $219,900
8/7/2026 3% - $214,900
9/3/2026 8% - $198,000

Property vs Zip Code Average in 38105

Price
AVG $230K
$200K
Taxes
AVG $2,081
$1,469
Year Built
AVG 1946
1921
Visits
AVG 65
15
Data Provided by Inside Real Estate®

Areas That We Cover

985 Forrest Ave Memphis, TN is a Single Family Home for sale at $198000 with 2508 sqft and a lot size of 0.15 Acres Acre(s). 985 Forrest Ave Memphis has 4 bedrooms, 1 baths and was built in 1921. The property's zip code is 38105 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Ronald Lampley

Ronald Lampley

615-804-3214

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