3066 Redbud Rd Memphis, TN 38109
Westwood NeighborhoodEstimated payment $875/month
Highlights
- 0.47 Acre Lot
- Traditional Architecture
- Brick Veneer
- Deck
- Separate Formal Living Room
- Luxury Vinyl Tile Flooring
About This Home
Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property offers a solid value-add opportunity for investors seeking long-term cash flow in the area.
Home Details
Home Type
- Single Family
Year Built
- Built in 1943
Lot Details
- 20,473 Sq Ft Lot
- Lot Dimensions are 82x250
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,198 Sq Ft Home
- 1-Story Property
- Separate Formal Living Room
- Luxury Vinyl Tile Flooring
- Iron Doors
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- Belmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 075006 00026
Map
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 | $269 | $16,175 | $2,325 | $13,850 |
| 2024 | $269 | $7,925 | $1,450 | $6,475 |
| 2023 | $483 | $7,925 | $1,450 | $6,475 |
| 2022 | $483 | $7,925 | $1,450 | $6,475 |
| 2021 | $488 | $7,925 | $1,450 | $6,475 |
| 2020 | $770 | $10,625 | $1,450 | $9,175 |
| 2019 | $770 | $10,625 | $1,450 | $9,175 |
| 2018 | $770 | $10,625 | $1,450 | $9,175 |
| 2017 | $437 | $10,625 | $1,450 | $9,175 |
| 2016 | $426 | $9,750 | $0 | $0 |
| 2014 | $426 | $9,750 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Sale | $160,000 | +28.1% | $134 / Sq Ft | |
| 01/14/2026 01/14/26 | For Sale | $124,950 | +19.0% | $104 / Sq Ft | |
| 06/18/2025 06/18/25 | Sold | $105,000 | -- | $88 / Sq Ft | View Prior Sale |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
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 | $105,000 | Quality Title Group | |
| Quit Claim Deed | -- | Quality Title Group | |
| Quit Claim Deed | $9,000 | Attorney |
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 | $84,000 | New Conventional |
Source: Memphis Area Association of REALTORS®
MLS Number: 10219403
APN: 07-5006-0-0026
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Ask me questions while you tour the home.