$349,500

Estimated payment $2,103/month

5 Beds
3.5 Baths
2,048 Sq Ft
$171 Price per Sq Ft

Highlights

  • Gated Parking
  • Wood Flooring
  • Soft Contemporary Architecture
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Separate Formal Living Room

About This Home

Prime investment opportunity near the University of Memphis! Built in 2018, this spacious 5-bedroom, 3.5-bathroom home generates $4,500+ in average monthly gross income as a top-performing short-term rental. Property Highlights: Proven Cash Flow: Currently operating as a high-earning Airbnb with an experienced property manager willing to stay on for the new buyer—offering true passive income from day one! Modern Build: Built in 2018 with high ceilings, energy-efficient spray foam insulation, durable finishes, and low maintenance costs. Functional Layout: 5 bedrooms and 3.5 baths provide maximum capacity for short-term guests, groups, or student housing. Expansive Backyard: Massive private yard featuring a gated drive with parking space for multiple vehicles. Location: Minutes from the U of M campus, dining, shopping, and fast access to I-240. Option to negotiate furniture and keep current management in place for a seamless transition. Contact today for details or to schedule a p

Listing Agent

April Hua

Elm RE Investment License #327280 Listed on: 09/02/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 63x150
  • Wooded Lot

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • Driveway
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Kennedy Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058058 00019

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SHERWOOD FOREST
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2048
  • Year Built: 2018
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Bedrooms: 5
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Wooded
  • Lot Number: 63
  • Acreage: 0.21
  • Lot Size: 63X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 058058 00019

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,213 $82,250 $6,700 $75,550
2024 $1,995 $58,850 $4,750 $54,100
2023 $3,585 $58,850 $4,750 $54,100
2022 $3,585 $58,850 $4,750 $54,100
2021 $2,030 $58,850 $4,750 $54,100
2020 $1,137 $35,575 $2,800 $32,775
2019 $438 $13,700 $2,800 $10,900
2018 $89 $2,800 $2,800 $0
2017 $92 $2,800 $2,800 $0
2016 $126 $2,875 $0 $0
2014 $126 $2,875 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2026 09/02/26 For Sale $349,000 -0.3% $170 / Sq Ft
08/10/2026 08/10/26 For Sale $350,000 +1.4% $171 / Sq Ft
01/14/2022 01/14/22 Sold $345,000 0.0% $168 / Sq Ft View Prior Sale
01/14/2022 01/14/22 Sold $345,000 -1.4% $173 / Sq Ft View Prior Sale
01/14/2022 01/14/22 Pending -- -- --
12/12/2021 12/12/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $350,000 -- $175 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $345,000 Local Title & Closing Svcs
Quit Claim Deed $23,500 Saddle Creek Title Llc
Quit Claim Deed $5,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $258,750 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10229635

Memphis Area Association of REALTORS®

APN: 05-8058-0-0019

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