246 Lucerne Pl
Memphis, TN 38126
Map
- 4 beds
- 2 baths
- – sqft
- 1908 build
- – on site
Just under 5 minutes from the fast-growing Downtown Memphis—This extremely spacious 4 bed, 2 bath property offers a prime opportunity with some updates already completed, giving you a head start on renovations. Home boasts a separate living room, den, dining room, and sitting area. Whether you're new to investing or adding to your portfolio, this high-potential property deserves your attention and is a solid addition to your rental portfolio. Just two doors down from a 5-star Airbnb minutes from top restaurants, entertainment, the National Civil Rights Museum, and other Downtown staples. This is the kind of opportunity serious investors watch for, as it offers strong potential as a short-term or corporate rental.
Last checked:
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Last updated Jun 29, 2025
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MLS# 10196046 —
The Building
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Construction Status:Existing Property
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Style:Traditional, Victorian
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Type:Detached Single Family
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Roof:Composition Shingles
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Foundation:Conventional
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Exterior/Windows:Stucco
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Detached Unit Type:General Residential
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Handicap Design:Wide Doors
Interior
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Living/Dining/Kitchen:Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Separate Breakfast Room, Washer/Dryer Connections
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Office Description:Level 2
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Fireplace:Masonry
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Floors/Ceilings:Hardwood Throughout
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Other Rooms:Laundry Room, Office/Sewing Room
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Additional Bed/Bath Info:1 or More BR Down, Primary Down, renovated bathroom, Full Bath Down
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1st Story Floor Plan:Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room, Keeping/Hearth Room
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2nd Story Floor Plan:2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Office
Financial & Terms
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New Financing:Conventional
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Warranty/Possible Addenda:Possession by Agreement
Location
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Map Coordinate:E
The Property
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Area:745E
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Acres:0.14
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Lot Description:Some Trees
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Lot #:7
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Lot Size:50 Sqft
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Miscellaneous Exterior:Wrought Iron Security Doors
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Security:Closed Circuit TV
Listing Agent
- Contact info:
- Agent phone:
- (901) 503-1989
- Office phone:
- (901) 261-7900
Beds
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Second Bedroom:Level 2, Hardwood Floor
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Third Bedroom:Level 2, Hardwood Floor
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Bedroom 3:Level 1, Built-In Cabinets/Bkcases, Hardwood Floor
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Fourth Bedroom:Level 2, Hardwood Floor
Heating & Cooling
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Heating:Central
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Cooling:Central
Utilities
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Water and Sewer:Electric Water Heater
The Community
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Neighborhood Association:None
Parking
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Parking Display:N
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Parking/Storage:Driveway/Pad
Monthly cost estimate
Asking price
$210,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,124
|
| Taxes | $47 |
| Insurance | $57 |
| Utilities | N/A |
| Total | $1,228/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/26/25
Jun 26, 2025
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Price Changed | MAARMLS | $210,000 | -8.7% |
|
5/6/25
May 6, 2025
|
Listed / Active | MAARMLS | $230,000 |
