$148,000
$2K PRICE DROP

Estimated payment $871/month

Total Views 3,849
4 Beds
2.5 Baths
1,800-1,999 Sq Ft
$74 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Den with Fireplace
  • Laundry closet
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Tile Flooring

About This Home

Excellent investment property located just minutes from the University of Memphis. This 1,911 sq ft home features 4 bedrooms and 3 full bathrooms, offering strong rental appeal for student housing or long-term tenants. The layout is spacious and functional, with updated kitchen and baths, generous living areas, and ample natural light. Off-street parking and a low-maintenance yard add to the property's rental desirability. Consistently high demand in this area ensures reliable occupancy and solid returns. A truly move-in ready, income-generating asset.

Listing Agent

Rochelle Bouchard

Keller Williams License #356155 Listed on: 06/26/2025

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $715

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Wood Fence
  • Few Trees

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,911 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Iron Doors
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Electric Water Heater

Community Details

  • Park Grove 1St,2Nd,3Rd&4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059076 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$715

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 757D
  • MAAR Subdivision Name: PARK GROVE
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1911
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Tile Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Island In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: N1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 25
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 870588
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 059076 00022

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $715 $38,950 $2,450 $36,500
2024 $715 $21,100 $1,000 $20,100
2023 $1,285 $21,100 $1,000 $20,100
2022 $1,285 $21,100 $1,000 $20,100
2021 $937 $15,200 $1,000 $14,200
2020 $1,109 $15,300 $1,000 $14,300
2019 $489 $15,300 $1,000 $14,300
2018 $489 $15,300 $1,000 $14,300
2017 $501 $15,300 $1,000 $14,300
2016 $663 $15,175 $0 $0
2014 $663 $15,175 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $148,000 -1.3% $82 / Sq Ft
06/26/2025 06/26/25 For Sale $150,000 -- $83 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $88,000 Memphis Title Co
Warranty Deed $60,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,200 New Conventional
Source: Public Records

Similar Homes in Memphis, TN

  • 3442 Carrington Rd, Memphis, TN 38111

    $168,500

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 3442 Carrington Rd
    • Memphis, TN

    Will Do Lease Purchase!!!! *Totally Remodel* With that new home feel. Waiting for your growing family. This home is a gem shining like a diamond. Perfect location just minutes from U of M, nice restaurants and shopping. FHA, Cash or Conventional.

    Jo Mathes Pinnacle Realty

    Section Image
  • 3449 Carrington Rd, Memphis, TN 38111

    $178,500

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 3449 Carrington Rd
    • Memphis, TN

    Come check out this fully remodeled, beautifully updated and renovated. Three-bedroom, two-bath home. Located in the highly sought-after 38111 neighborhood this home puts you steps away from the University of Memphis and the Children’s Museum — so whether you're into higher education or finger painting, you're covered. Inside, you'll find modern finishes, clean lines with an open concept layout

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 1303 Inman Rd, Memphis, TN 38111

    $182,000

    • 4 Beds
    • 2 Baths
    • 2,200+ Sq Ft
    • 1303 Inman Rd
    • Memphis, TN

    This 4-bedroom, 2-bathroom beauty in the sought-after 38111 zip code of Memphis is fully renovated and offers over 2,200 square feet of space—plenty of room for your Family. Two living rooms – because one just isn’t enough, plenty of space for entertaining, Backyard porch – perfect for sipping coffee, or scrolling on your phone in peace. Centrally located – so you’re never too far from the action

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 2904 Barron Ave, Memphis, TN 38114

    $163,000

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 2904 Barron Ave
    • Memphis, TN

    This Gorgeous 3-Bed, 2-Bath Home! Fully renovated and updated—because you deserve a home that doesn’t need your DIY skills. No weird fixer-upper surprises here! A kitchen so nice, even takeout will feel guilty for showing up Two bathrooms—because sharing one should be left in the past, like dial-up internet. Cute patio out back—perfect for coffee, cocktails, or pretending to garden. This home

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 2667 Barron Ave, Memphis, TN 38114

    $124,400

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 2667 Barron Ave
    • Memphis, TN

    1% rule with room to grow! Possible showing prior to offer with plenty of notice. Tenant in place paying $1,295/month with a lease through November 2025. Tenant wants to stay. New roof and freshly painted exterior with wood repair. Interior photos were taken before the current tenants moved in. Please do not disturb tenants. No assignable contracts or creative financing.

    Walter Jones BEST Real Estate Company

    Section Image
  • 3143 S Lafayette Cir, Memphis, TN 38111

    $158,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft
    • 3143 S Lafayette Cir
    • Memphis, TN

    Welcome to 3143 S Lafayette Cir. a charming 3-bedroom East Memphis home with timeless appeal and endless potential. Featuring original hardwood floors throughout, with living room, dedicated dining room, and an attached carport for convenient parking. The fenced backyard is perfect for pets or play. Whether you're an investor searching for your next opportunity or an owner-occupant looking to

    Amanda Lester NextHome Cornerstone Realty

    Section Image
  • 2196 Ketchum Rd, Memphis, TN 38114

    $139,000

    • 4 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 2196 Ketchum Rd
    • Memphis, TN

    You'll the privacy on this one, no neighbors right on top of you. Easy access to I240. 4 bedroom/2 full baths. New paint, windows, refinished floors, new AC will be installed at closing. Nice size home and lot for the money, cheaper than rent. It was leased at $1700/mo but you can own is for much less. Call for details.

    Scott Carrier Keller Williams

    Section Image
  • 4189 Chippewa Rd, Memphis, TN 38118

    $139,000

    • 3 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft
    • 4189 Chippewa Rd
    • Memphis, TN

    Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

    Blake Clothier Premier Realty Group, LLC

    Section Image
  • 1930 Tahiti Ln, Memphis, TN 38117

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 1930 Tahiti Ln
    • Memphis, TN

    3 bedroom house with 2 baths, Carport with storage plus large covered patio in backyard. Fenced yard.

    Sherry Harbur Harbur Realty

    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10199926

Memphis Area Association of REALTORS®

APN: 05-9076-0-0022