Welcome to Adorable Living Spaces and our Deal of the Day series, where we search Zillow every single day to find unique homes, hidden bargains, and interesting real estate opportunities across America. Today’s property is unlike anything we’ve featured recently.
Located in the historic Vollintine-Evergreen District of Memphis, Tennessee, this massive property offers over 4,300 square feet of living space and sits on three separate lots. With multiple living areas, an in-law suite, garage apartment, and even a basement chapel, the possibilities are nearly endless.
Properties with this much square footage under $200,000 are becoming increasingly rare. While this home will require significant work, investors and ambitious buyers may see tremendous upside potential.
Whether you’re looking for a large family compound, a renovation project, a multi-generational home, or an investment opportunity, this Memphis property deserves a closer look.
| Property Details | Â |
|---|---|
| Price | $199,900 |
| Location | 1778 Jackson Ave, Memphis, Tennessee |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Living Space | 4,370 Sq Ft |
| Lot Size | 0.71 Acres |
| Year Built | 1930 |
| Property Type | Single Family Residence |
A Historic Memphis Location
This property is located within the highly recognized Vollintine-Evergreen Historic District in Memphis.
The neighborhood is known for its historic architecture, mature trees, and character-filled homes that showcase the city’s rich history.
Being only minutes from Downtown Memphis, residents enjoy convenient access to entertainment, employment centers, restaurants, healthcare facilities, and major transportation routes.
The location combines historic charm with urban convenience, making it attractive for both homeowners and investors.
Massive Interior Space
One of the first things that stands out about this property is its size.
With approximately 4,370 square feet of living area, this home offers substantially more space than the average property in this price range.
Large homes provide flexibility for growing families, multi-generational living arrangements, rental opportunities, or home-based businesses.
The spacious floor plan creates numerous possibilities for renovation and customization.
Five Bedrooms and Four Bathrooms
The home includes five bedrooms and four full bathrooms.
This amount of living space can accommodate large families, multiple occupants, or various guest arrangements.
Having multiple bathrooms increases convenience while making the property more functional for larger households.
The layout offers room to reconfigure spaces depending on the buyer’s goals and vision.
In-Law Suite with Income Potential
One of the most valuable features is the existing in-law suite.
The suite includes its own full kitchen, creating a separate living area that could potentially serve as guest accommodations, multi-generational housing, or an income-producing space.
Many buyers actively seek properties that offer flexible living arrangements like this.
The separate setup creates opportunities that traditional single-family homes often cannot provide.
Detached Garage Apartment
In addition to the main residence, the property also includes a detached garage apartment.
This additional living space expands the property’s versatility even further.
Garage apartments can serve a variety of purposes including guest housing, rental income, office space, creative studios, or caretaker accommodations.
Having multiple independent living areas significantly increases the property’s investment potential.
Unique Basement Chapel
One of the most unusual features of this property is the basement chapel.
This distinctive space adds character and uniqueness that is rarely found in residential properties.
Depending on the buyer’s vision, the area could potentially be transformed into a recreation room, theater, gathering space, workshop, gym, or other specialty room.
Unique features like this help make the property stand apart from standard homes.
Three Lots and Extensive Outdoor Space
The property sits on three separate lots totaling approximately 0.71 acres.
For a city property, this amount of land is exceptionally rare.
The large outdoor area provides room for gardening, recreation, additional parking, outdoor entertaining, or future improvements.
The extra land creates opportunities that many urban properties simply cannot offer.
Investment Opportunity
This property is clearly geared toward buyers who are comfortable taking on a major project.
The listing specifically notes that visitors should enter at their own risk, indicating that substantial repairs and renovations may be needed.
However, experienced investors often look for properties exactly like this—large homes with unique features and significant value-add potential.
The combination of square footage, multiple living spaces, detached apartment, and historic location could create substantial upside after renovation.
Listed on Zillow