Sally Smith was kidnapped from West Africa by slave traders and lived until 1937 in Alabama, staying on the plantation where she had been enslaved.
Hannah Durkin made the discovery while researching first-hand accounts, archives and census records.
The previous last known survivor had been a former slave who died in 1935.
Dr Durkin says it almost seems "shocking" that the story is so close to living memory.
Kidnapped at 12
The woman, who was named Sally Smith in the US but had originally been called Redoshi, was kidnapped by slave traders in 1860 from a village in what is now Benin.
Ms Durkin believes she was 12 years old when she was transported on one of the last slave ships to go to the US, along with more than 100 other men, women and children.
She was bought by an Alabama banker and plantation owner and was given his surname of Smith.
Even though slavery was abolished five years after her arrival in the US, Redoshi remained working on the same estate, with her husband, who had also been abducted from West Africa, and their daughter.
The researchers say she stayed on that same plantation for more than 70 years after the end of slavery - and was the last known person from the generation who made the enforced crossing from Africa.
Ms Durkin says some details of Redoshi's story had been recorded in the 20th Century, when historians and civil rights activists began to document the experiences of people brought in slavery from Africa.
Putting together the pieces of the story, and matching it with census and public records, Dr Durkin found that Redoshi had lived in Selma, Alabama, until her death, at about 89 or 90.
There would be slaves who lived later, such as those born into slavery as children, but none of those abducted from Africa is so far known to have lived later than Redoshi.
Redoshi's stories recorded living a peaceful life before being seized by members of another local tribe and brought to slave traders.
She faced a slave regime of "beatings", "whippings" and "killings" but, Ms Durkin's research says, there are glimpses of her resistance, showing she passed on some of her first language to her daughter and maintained her African culture and identity.
"It's only one voice but this gives us a semblance of a voice for those who were otherwise lost," says Ms Durkin.
More about: USslave