$425,000

Estimated payment $2,486/month

Total Views 17,584
4 Beds
5 Baths
4,172 Sq Ft
$102 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 2 Fireplaces
  • Formal Dining Room

About This Home

Great turnkey investment for savvy investor. Already leased and ready for new owner. Main house has 3 br 3.5 baths, all with en-suite baths. Great for roommates as there is one large suite upstairs and 2 suites on the main level. Huge rooms in the main house. Always easy to lease with the flexible floorplan. Main house leases for $2700 per month which includes utilities. Owner converted the basement into a 1 bedroom apartment with a full kitchen and laundry room. It has a sep. entrance. Currently leased for $1200 per month which includes utilities. Access to basement from main house. Floorplan attached. Avg utilities were $312.00 for 2024. Tenants are responsible for paying anything over $400.00 for utilities. There is a double garage behind gated driveway and room for 4 more cars.

Listing Agent

Kendall Haney

901 Real Estate Services License #218380 Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1946

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 88x186
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • Walk-In Closet
  • 4,172 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Formal Dining Room
  • Walk-Out Basement
  • Storm Doors

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Green Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028045 00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Single Family Conversion
  • Style: Traditional
  • MAAR Subdivision Name: GREEN MEADOWS
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Estimated Sq Ft: 4172
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Hardwood Throughout, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Refrigerator, Range/Oven (Built-In), Disposal, Dishwasher
  • Estimated Entire Duplex Sq Ft: 4000-4499
  • Miscellaneous Interior: All Window Treatments, Walk-In Closet(s), Cable Available

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Conventional, Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Brick/Stone Fenced, Landscaped, Some Trees, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.37
  • Lot Size: 88X186
  • Geo Subdivision: TN

Rental Info

  • Tenants Pay: All Utilities, Trash Collection
  • Type Of Leases: Monthly

Tax Info

  • Assessor Parcel Number: 028045 00014

Multi Family

  • Perc Occ: 100

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,082 $97,450 $20,300 $77,150
2024 $3,082 $90,900 $19,225 $71,675
2023 $5,537 $90,900 $19,225 $71,675
2022 $5,537 $90,900 $19,225 $71,675
2021 $5,602 $90,900 $19,225 $71,675
2020 $5,610 $77,425 $19,225 $58,200
2019 $5,610 $77,425 $19,225 $58,200
2018 $5,610 $77,425 $19,225 $58,200
2017 $3,182 $77,425 $19,225 $58,200
2016 $2,460 $56,300 $0 $0
2014 $2,460 $56,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 For Sale $425,000 -- $102 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure $200,713 Change Of Title Inc
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10205707

Memphis Area Association of REALTORS®

APN: 02-8045-0-0014