$215,000

Estimated payment $1,292/month

Total Views 296
4 Beds
2 Baths
1,300 Sq Ft
$165 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System
  • Den
  • Porch
  • Concrete Flooring

About This Home

Turnkey Memphis Rental Portfolio! 4 newly built (within 3 yrs) single-family homes, ~1,300 SF, 4BR/2BA each, 100% occupied and cash-flowing now. Current gross income $74,160/yr, projected $85,972 by Yr 5. Combined appraised value $862K. Energy-efficient construction, minimal CapEx, consistent floor plans across all four homes. Ideal for investors seeking stabilized cash flow, a 1031 exchange, or a low-maintenance addition to their portfolio. Schedule your private showing today! Want me to tune either one toward a specific keyword focus (e.g. "Memphis turnkey rental portfolio," "new construction investment property," "1031 exchange Memphis")? HOME COME WITH NO APPLIANCES

Listing Agent

Jerry Harris

TRG Real Estate Services, LLC License #370512 Listed on: 07/29/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Highland Heights Blk 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038029 00042

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGHLAND HEIGHTS BLK 8
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1300
  • Year Built: 2023
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 4
  • Floors/Ceilings: Concrete Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Electric

Lot Info

  • Lot Description: Level
  • Lot Number: 19
  • Acreage: 0.15
  • Lot Size: 50X136
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 038029 00042

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,266 $47,050 $2,750 $44,300
2024 $1,240 $36,575 $1,125 $35,450
2023 $69 $1,125 $1,125 $0
2022 $69 $1,125 $1,125 $0
2021 $81 $1,125 $1,125 $0
2020 $36 $1,125 $1,125 $0
2019 $36 $1,125 $1,125 $0
2018 $36 $1,125 $1,125 $0
2017 $37 $1,125 $1,125 $0
2016 $49 $1,125 $0 $0
2014 $49 $1,125 $0 $0
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2026 07/29/26 For Sale $215,000 +760.0% $165 / Sq Ft
01/14/2026 01/14/26 For Sale $25,000 +212.5% --
10/11/2022 10/11/22 Sold $8,000 0.0% -- View Prior Sale
10/11/2022 10/11/22 Sold $8,000 -46.7% -- View Prior Sale
10/11/2022 10/11/22 Pending -- -- --
08/18/2022 08/18/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $15,000 -40.0% --
04/22/2022 04/22/22 For Sale $25,000 -- --
Source: Memphis Area Association of REALTORS®

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 $8,000 Realty Title & Escrow
Source: Public Records

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 $139,300 New Conventional
Closed $146,320 New Conventional
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10227250

Memphis Area Association of REALTORS®

APN: 03-8029-0-0042

Your Personal Tour Guide

Ask me questions while you tour the home.