1472 E Holmes Rd Memphis, TN 38116
Whitehaven NeighborhoodEstimated payment $902/month
3
Beds
1.5
Baths
1,621
Sq Ft
$96
Price per Sq Ft
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Tile Flooring
- 1 Fireplace
- Brick Veneer
- Central Heating and Cooling System
About This Home
Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes vacancy risk and startup costs, making it ideal for both seasoned investors and those looking to expand their holdings with a proven performer. The long-term occupancy reflects tenant satisfaction and consistent payment history, adding confidence to your investment. Highlights: ?? Steady rental income: $1,185/month ?? Established tenant of 10+ years ?? Turnkey investment – start earning from day one ?? Convenient Memphis location with strong rental demand Whether you're building your portfolio or looking for a dependable, low-maintenance asset, this property checks all the boxes.
Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Lot Details
- 11,761 Sq Ft Lot
- Lot Dimensions are 80x150
- Wood Fence
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,621 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Aluminum Window Frames
- Separate Formal Living Room
- Dining Room
Flooring
- Partially Carpeted
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Whitehaven View 2Nd Addn Blk A Subdivision
Listing and Financial Details
- Assessor Parcel Number 079106 00018
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $959 | $40,750 | $3,750 | $37,000 |
| 2024 | $959 | $28,300 | $3,025 | $25,275 |
| 2023 | $1,724 | $28,300 | $3,025 | $25,275 |
| 2022 | $1,724 | $28,300 | $3,025 | $25,275 |
| 2021 | $1,744 | $28,300 | $3,025 | $25,275 |
| 2020 | $1,612 | $22,250 | $3,025 | $19,225 |
| 2019 | $1,612 | $22,250 | $3,025 | $19,225 |
| 2018 | $1,612 | $22,250 | $3,025 | $19,225 |
| 2017 | $914 | $22,250 | $3,025 | $19,225 |
| 2016 | $778 | $17,800 | $0 | $0 |
| 2014 | $778 | $17,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $155,000 | +72.4% | $96 / Sq Ft | |
| 09/04/2015 09/04/15 | Sold | $89,900 | -2.2% | $56 / Sq Ft | View Prior Sale |
| 06/29/2015 06/29/15 | Pending | -- | -- | -- | |
| 06/26/2015 06/26/15 | For Sale | $91,900 | +170.3% | $57 / Sq Ft | |
| 06/25/2015 06/25/15 | Sold | $34,000 | -18.1% | $21 / Sq Ft | View Prior Sale |
| 06/18/2015 06/18/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $41,500 | -- | $26 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $89,900 | Attorney | |
| Special Warranty Deed | $34,000 | Fntg | |
| Trustee Deed | $57,800 | None Available | |
| Special Warranty Deed | $60,000 | -- | |
| Trustee Deed | $74,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,620 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Austin's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10219670
APN: 07-9106-0-0018
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