481 S Main St, Memphis, TN 38103 Property Records

Shelby County property record for 481 S Main St, Memphis, TN 38103

Property Summary

Property TypeStore with Apartments
Details1 bd · 1 ba · 15,417 sqft · built 1940
Lot Size0.192 acres (8,350 sqft)
OwnerCompany Name on Record
Tax Bill$2,926 (2025)
Deeds & MortgagesAug 2018 Line of Credit
Flood ZoneZone X (minimal risk)
APN00-2107-0-0003C

Property Details

APN / Parcel Number

Primary APN00-2107-0-0003C

Interior

Bedrooms1 Bed
Full Baths1 Bath
Units3 Units
Stories1 Story
Building Area15,417 sqft Gross Area
1st Floor Area7,500 sqft
Overhead DoorOverhead Door

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Exterior MaterialBrick Veneer
Construction TypeFrame
Fire ResistanceFireproof Reinforced Concrete
Lot Area8,350 sqft (0.192 acres)

Utilities, Heating & Cooling

Cooling SystemNone
Heating FuelElectric

Location & Zoning

Street Address481 S MAIN ST
CityMEMPHIS
StateTN
Zip38103-4462
Property CategoryCommercial
Property TypeCommercial > Retail > Store with Apartments
Local Zoning CodeSM
Legal DescriptionWS MAIN ST, 50 FT S OF BUTLER AVE
Legal SubdivisionMISSISSIPPI REALTY COMPANY
Legal Lot Number20-21
JurisdictionSHELBY TN
Township / Civil Division8
Census Block Group3
Census Block3049
Census Tract4200

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the South Bluffs Warehouse Historic District
listed 1987 · 56 contributing resources · NRIS 87000453

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Shelby County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address851 SEAHAWK CIR, 107, VIRGINIA BEACH, VA 23452-7828
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateAug 18, 2016
Transfer Doc0000093600
Record UpdatedOct 29, 2026

August 2018: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionSHELBY TN
Recording DateAug 13, 2018
Property Address481 S MAIN ST, MEMPHIS, TN 38103-4462
Instrument DateAug 10, 2018
Instrument81659
Transaction TypeConstruction Loan
Record UpdatedAug 24, 2018
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address6070 POPLAR AVE #300 MEMPHIS TN 381193907, 300, MEMPHIS, TN 38119-3907

Mortgage

Document Number0000081659
DateAug 13, 2018
Instrument81659
Lender
NameORION FCU
TypeCredit Union
Address7845 US HIGHWAY 64, MEMPHIS, TN 38133-4007
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueAug 12, 2023
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,926.00 (+15.15%)$108,800 (+45.14%) Land $72,400 Building $36,400$272,000 (+45.14%) Land $181,000 Building $91,000
2024$2,541.00 (-44.35%)
2023$74,960 Land $51,720 Building $23,240
2022$4,566.00
2021$187,400 Land $129,300 Building $58,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 360 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
Verizon
Fixed Wireless
1,000 / 75

May also be available: AT&T.

Nearby Properties on S Main St

Nearby Streets

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