3087 Dothan St Memphis, TN 38118
Parkway Village NeighborhoodEstimated payment $1,016/month
Highlights
- All Bedrooms Downstairs
- 2 Fireplaces
- Patio
- Traditional Architecture
- Eat-In Kitchen
- Central Heating and Cooling System
About This Home
ATTENTION INVESTORS! MOTIVATED SELLER! Here's a property loaded with potential! Tenant-occupied 4-bedroom, 2.5-bathroom home generating $1,825/month, with lease renewal scheduled for 4/1/2026. Tenant is an excellent payer who wants to stay. The property features a den with fireplace, separate living room, eat-in kitchen with pass-through to the den, spacious primary bedroom with private courtyard access, and a circular driveway providing ample parking. Plenty of living space for a tenant or owner occupant! Professionally managed and producing immediate income, with strong upside potential as surrounding homes command higher values. Tenant ledger and repair history available upon request. Please do not disturb tenant.
Home Details
Home Type
- Single Family
Year Built
- Built in 1968
Lot Details
- 14,375 Sq Ft Lot
- Lot Dimensions are 69x210
- Level Lot
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 2,210 Sq Ft Home
- 1.5-Story Property
- 2 Fireplaces
- Partially Carpeted
- Eat-In Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- All Bedrooms Down
Additional Features
- Patio
- Central Heating and Cooling System
Community Details
- Mendenhall Estates Blk B Subdivision
Listing and Financial Details
- Assessor Parcel Number 074066 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 | $1,111 | $46,950 | $5,200 | $41,750 |
| 2024 | $1,111 | $32,775 | $4,500 | $28,275 |
| 2023 | $1,997 | $32,775 | $4,500 | $28,275 |
| 2022 | $1,997 | $32,775 | $4,500 | $28,275 |
| 2021 | $1,131 | $32,775 | $4,500 | $28,275 |
| 2020 | $1,947 | $26,875 | $4,500 | $22,375 |
| 2019 | $859 | $26,875 | $4,500 | $22,375 |
| 2018 | $859 | $26,875 | $4,500 | $22,375 |
| 2017 | $879 | $26,875 | $4,500 | $22,375 |
| 2016 | $1,048 | $23,975 | $0 | $0 |
| 2014 | $1,048 | $23,975 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | Pending | -- | -- | -- | |
| 03/18/2026 03/18/26 | Price Changed | $174,000 | -2.8% | $79 / Sq Ft | |
| 03/09/2026 03/09/26 | Price Changed | $179,000 | -6.8% | $81 / Sq Ft | |
| 02/20/2026 02/20/26 | For Sale | $192,000 | +9.8% | $87 / Sq Ft | |
| 06/19/2024 06/19/24 | Sold | $174,900 | 0.0% | $79 / Sq Ft | View Prior Sale |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- | |
| 05/24/2024 05/24/24 | For Sale | $174,900 | +141.2% | $79 / Sq Ft | |
| 04/15/2019 04/15/19 | Sold | $72,500 | +3.6% | $33 / Sq Ft | View Prior Sale |
| 03/15/2019 03/15/19 | For Sale | $70,000 | -- | $32 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $174,900 | Saddle Creek Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $149,900 | None Available | |
| Warranty Deed | $537,250 | None Available | |
| Quit Claim Deed | -- | Commercial Title Group Llc | |
| Special Warranty Deed | $72,500 | Commercial Title Group Llc | |
| Trustee Deed | $135,009 | None Available | |
| Warranty Deed | $118,700 | Assured Escrow & Title | |
| Warranty Deed | $99,000 | -- | |
| Warranty Deed | $99,000 | -- | |
| Trustee Deed | $77,814 | -- | |
| Trustee Deed | $77,814 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,900 | Unknown | |
| Previous Owner | $91,250 | Purchase Money Mortgage | |
| Previous Owner | $112,765 | Purchase Money Mortgage | |
| Previous Owner | $93,500 | Seller Take Back |
Source: Memphis Area Association of REALTORS®
MLS Number: 10215178
APN: 07-4066-0-0026
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